From a social anthropological perspective we can interpret relationship marketing theories and practices as commodity exchange that instrumentalise features of gift exchange.
Myth: Audits are done immediately. The IRS abides by a statute of limitations of three years after the due date of the return, says Clegg. For âsubstantial errors,â the IRS maintains it can go back six years and recommends you keep most records at least that long.
It depends on how accurate your return was, what records you are talking about, etc. It's anywhere from 3 years, to 6 years, to forever. 6 years might be a good idea, especially for collection reasons. In many cases, the IRS will require the last 6 years of returns before working with taxpayers. If the IRS lost your return, you might need to resubmit it--so maybe 6 years generally, and 10 years or longer if you think the return might be incredibly weird.