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.
Ultimately, taxpayers should know the IRS has three years from the date a return is filed to conduct an audit, but only if it suspects good-faith errors. The IRS has up to six years to challenge a return if the agency believes a taxpayer under reported income by at least 25 percent.