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 is going after offshore income and assets in a big way, and that dovetails with another IRS audit rule. The IRS also gets six years to audit if you omitted more than $5,000 of foreign income (say, interest on an overseas account). That matches the audit period for FBARs, offshore bank account reports that can carry civil and even criminal penalties far worse than those for tax evasion.