Interesting Development in IRS Audits

We're about to witness an interesting development in IRS audits.
You may be aware that the statute of limitations on returns under normal circumstances is 3 years.

You may also be aware of trends within the IRS:

1. The IRS budget has been consistently cut.
   
2. The IRS has recently been investigated. The findings of which    suggested that the IRS was not corrupt, however it was so poorly run that a normal citizen would call it corrupt.

This combination could mean two things for taxpayers:

1. Tax returns may not be audited, although errors are present (even big errors) because the IRS is simply running out of time to audit them.
   
2. Tax audits currently underway will take MUCH longer than they should. The existing IRS agents are overworked, and simply can't complete the work that's already on their desk.
   

IRS auditors will be rushing through audits.

This will not be good for taxpayers. IRS auditors will not want to examine documents carefully, nor are IRS auditors very well versed in certain tax codes. This means that the IRS auditor will simply 'disallow everything' in an attempt to complete the work.

Unfortunately, the appeals office at the IRS will not accept any cases with less than 390 days left on the statute. This means that a taxpayer will be left with two choices:

1. pay the tax, which is likely NOT owed
   
2. petition the tax court

If you are ever contacted by the IRS with any audit request, hire a professional immediately to protect you against this threat.

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