The IRS Audit Blog

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Question: A finincial company prepares tax returns for individuals. Accoriding to the IRS those who make $25,000-$50,000

are audited at a rate of 1%. The tax company prepares 5 tax returns for individuals who fall in that bracket, and three of them are audited.

1. What is the probability that when 5 people making 25,000-50,000 dollars are randomly selected,exactly 3 are audited?

2. Find the probability that at least 3 people are audited

Answer: 56%
22%

BOE to eye alternate solutions for gender equity

Though some assumed the Brush School District would need to invest in a new sports field for girls’ soccer programs, there may be other ways to meet the gender equity requirements of the Office of Civil Rights.

Recession, Depression, and Murder

Recapping final months of ‘09 news

The Enterprise today completes its annual week-by-week look back at the most significant news stories of 2009 with capsule summaries from every issue in September, October, November and December. The first eight months of 2009 were recapped in the final t read more

Car Flips on Its Top Along Interstate 64 Near Oakwood Exit

The westbound lanes of Interstate 64 in Charleston have re-opened after a car accident near the Oakwood exit entrance ramp.

polaris outlaw 525 irs

Sponsored By:

IN THE CIRCUIT COURT OF THE FOURTH JUDICIAL CIRCUIT OF THE STATE OF FLORIDA, IN AND FOR NASSAU COUNTY, FLORIDA GENERAL CIVIL DIVISION CASE NO: 09-CA-492 DIVISION: A AMELIA WALK COMMUNITY DEVELOPMENT DISTRICT, a local unit of special-purpose government organized and existing under the laws of the State of Florida, Plaintiff, v.

Florida tax attorney reveals how to solve your IRS problems

Question: How far back does the IRS audit your tax returns?

Will you ever get an audit for a tax return 5 years or more ago?

Answer: The IRS generally does not audit a return filed more than 2 years ago. If they need to examine a return, they need to have the case closed within 3 years of filing.

If there is a case of a non-filed return, the statute of limitations does not start until the taxpayer files a return, so the time is infinite.

There is no statute of limitations on fraud. They can go back to 1931 if there is evidence of such an act.

Even if they could go back 75 years, though, it’s doubtful they would. The IRS wouldn’t be able to find the records, but they have them.

In reality, it’s difficult for the IRS to access its records more than 5 years old right now.

Enrolled Agent

U.S. TAX REVIEW AND OUTLOOK

The year 2009 is memorable for having given rise to a number of potentially important proposed legislative changes to the Internal Revenue Code (the “Code”), but few of those proposals were enacted.

IRS shoud first audit those who make the tax laws