A characteristic of the statute of limitations is a. a three year statute of limitations applies to all tax returns. b. the same statute of
A characteristic of the statute of limitations is a. a three year statute of limitations applies to all tax returns. b. the same statute of limitations applies to both tax refunds and deficiencies. c. a ten-year statute of limitations applies if gross income is understated by more than 25%. d. there is no statute of limitations on the assessment of tax if a fraudulent return is filed.
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Authors: Dansby
5th Edition
0763834955, 978-0763834951
