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- How Long does the IRS have to audit you?
3 years: For most federal audit
6 years: If you understate your income by 25 percent
7 years: If you claim a loss from worthless securities
No limit: If you do not file a return or you file a
fraudulent return
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A word about extensions - The "automatic 4 month" extension is ONLY an extension
to file. To be valid and timely any money owed MUST be paid in full with the
extension!
This information is in the public domain. No
commercial endorsement is intended
- Villa Rose Associates, Ltd. ....... In Brooklyn Contact Airk Eshel CPA 718-491-0605
- Brooklyn NY - To be announced
718 491-0607
- Marlboro NJ - 9 Deep Run Ct (Morganville)
732 536-2608 ...... Pat Direct Line 212 812-9047
- Fax 718 228-7709
Friday, October 10, 2008 10:38:53 PM -0800
A new year and a new look
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Copyright
2000,2001,2002,2003,2004,2005,2006,2007,2008 Villa Rose Associates, Ltd.
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