The Holdings Calculator permits you to calculate the current value of your gold and silver. 1  Enter a number Amount in the left text field. 2  Select Ounce, Gram or Kilogram for the weight. 3  Select a Currency. NOTE: You must select a currency for gold first, even if you don't enter a value for gold holdings.
After the debt is put on the IRSâs books (assessed), the IRS has 10 year to collect the tax debt from you. The legal reference is Internal Revenue Code 6502(a)(1). During those 10 years, the IRS can levy your wages, your bank account, or take your property (possible but unlikely).
How long does IRS have to pay a refund on an amended return? I have contacted the National Tax Payers Advocate and received different answers. The problem is that it has been five months now since I filed an amended return for a refund and we have had no communication from the IRS. It just sits in examination for review since April, 22, 2008 with no activity or release for payment.