If an audit is not really solved, we might ask for extending the statute of limitations for assessment tax. The statute of limitations is often a period of time established by legislation when IRS can review, analyze, and resolve your tax-associated concerns. Once the statutory interval expires, we could no more evaluate or accumulate extra tax, or help you declare a refund. It is usually three a long time following a return is thanks or was submitted, whichever is later on.
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If you agree While using the audit findings, you can be asked to indication the examination report or the same type dependent upon the type of audit executed.
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