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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.
This is the old tax refund schedule. The IRS no longer gives specific dates for receiving your refund. Instead, they state most people will get their refunds in less than 21 days, but there wonât be any schedules to follow anymore. However, I know that many of you like to look at the old schedules, just to see what they looked like. Here is the last IRS refund schedule the IRS issued: