Question
15Does the execution of a Form 870 extend the statute of limitations on the time period within which the IRS can assess tax against the
15Does the execution of a Form 870 extend the statute of limitations on the time period within which the IRS can assess tax against the taxpayer?
a.Yes.
b.No.
c.This action will not extend the statute of limitations, rather the execution of Form 870 will allow the IRS to assess tax against the taxpayer.
d.There is no statute of limitations on assessment.
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Data And Analytics In Accounting An Integrated Approach
Authors: Guido Geerts, Ann C. Dzuranin, Margarita Lenk
1st Edition
1119722993, 978-1119722991
