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.
The IRS only requires 3 years of tax records if you are audited. But if they find you are under-reporting your income (i.e. you owe taxes) they can request up to 7 years of tax records. However, where the IRS suspects fraudulent or missing returns, there is no limit on how far they can go back.