Quote:
Originally Posted by FreeHugeMovies
I think the IRS can only go back 3 years max from the time you've last paid your taxes. So if you are current with your taxes, they can only go back 3 years. That's what my CPA has told me. Taxes are no joke, you are lucky. For those who don't pay their taxes, your day will come and I hope they are gentle just like in this case.
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For personal income taxes, the Assessment Statute of Limitations is 3 years from the date the tax was originally assessed (usually when the taxes were filed), except in cases of fraud. If they can prove fraud, there is no limitation.