California's high taxes cause many to move, but the nuances of California's tax audit rules can follow you forever.
IRS Can Audit For 3 Years, But Omit This Tax Form From Your Return and the 3 Years Never Even Starts To Run.
Normally, the IRS must audit within 3 years after you file. But key mistakes allow the IRS to audit you FOREVER with no limit.
IRS tax audits are expensive and stressful, and IRS time to audit usually expires after 3 or 6 years depending on your return. But skipping one form allows the IRS to audit you FOREVER.
The recently enacted Bipartisan Budget Act of 2015 (H.R. 1315) is set to overhaul how the IRS audits and collects tax from partnerships. The new legislation will allow the IRS to collect taxes associated with audit adjustments at th...