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To: Alan Smithee who wrote (248623)5/3/2008 10:29:48 AM
From: Oral Roberts  Respond to of 793926
 
Why should I believe you. I mean how would a tax lawyer know anything:)

Actually I was under the 7 year unless fraud and then it was as far back as they wanted to go school also.



To: Alan Smithee who wrote (248623)5/3/2008 1:09:52 PM
From: alanrs  Respond to of 793926
 
Can the IRS go back 5 years for an audit?

7 years.

How do you come up with that?

Just what I was told years ago, that I had to keep my records for 7 years. Might have been from around 1975 when I had a business and was audited. That's also the impression Janet is under, although she doesn't know where she got it. Easy enough to research, but I've never done anything other than the standard deduction since 1975 so never thought about it after that.

ARS