Tax
Jun. 17, 2011
Internal Revenue Service Doubles Three-Year Tax Rule
Many tax cases are won on the statute of limitations, so keep up with the changes.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Yes, that's six long years of tax worry, a result from the latest tax case about the three-year versus six-year Internal Revenue Service statute of limitations. In any tax dispute, you'll want to make good substantive arguments. Still, don't discount the importance of the statute of limitations.
In fact, many tax cases are won on it. If you face a tax audit and can legitimately point to the statute of limitations to head o...
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