One of the items contained in the IRS’s Taxpayer Bill of Rights is the right to finality. Although finality may sound a little obscure, this right is critical if you’re being audited. For example, the IRS usually has a limit of three years from your filing date to assess additional tax (but it has unlimited time for a fraudulent return). What’s more, the IRS generally has a limit of 10 years from assessment to collect any tax due. And you can be subject to only one audit per tax year (although the IRS can reopen a previously audited return). You also have the right to know when an audit is complete. If you disagree with an IRS assessment or action, we can help.
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