IRS Statutes of Limitations for Tax Refunds, Audits, and Collections

IRS Statutes of Limitations for Tax Refunds, Audits, and Collections - Rush Tax Resolution

One of the functions of the IRS is to ensure that taxpayers adhere to their tax liability. To that end, the IRS attempts to combat the so-called “tax gap”, an estimated gap in the nation’s total tax liability and the money the IRS is pooling together from estimated payments and withheld taxes. To reduce that …