Select Category. 1  Budget & Finance City Budget - Final. City Budget - Mayor Proposed. 2  Building & Property Building Permits & Complaints. City Owned Property. 3  Datasets California State Open Data. City Maps. 4  Economy California Economy. City Economy. 5  Elections & Campaigns Campaign Finance & Lobbyists. Elections Info & Results.
The IRS tries to act on audits as quickly as possible. This means that most audits happen on returns filed within the last two years. Exceptions to the Three Year Statute of Limitations. The IRS has the right to audit back as far as six years if the taxpayer omitted more than 25% of their income for a single year. Taxpayers who leave out greater than $5,000 earned in foreign countries may also be audited as far back as six years. Not filing a tax return is not a good way to avoid an audit. In fact, because the return was never filed, the statute of limitations has not even begun to run.
The IRS statute of limitations on action for back taxes depends on a few factors. The primary factor is whether a tax return was filed or not. The next question is how accurate (or inaccurate) the return was. Filed Tax Returns: Deadlines for Assessments and Collections. Generally, the statute of limitations for the IRS to assess taxes on a taxpayer expires three (3) years from the due date of the return or the date on which it was filed, whichever is later. A return is considered to be filed on the due date of the return if it was filed on or before its due date.