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A taxpayer must maintain records to support deductions until the period of limitations expires. Under what circumstances is the period of limitations unlimited? a.The taxpayer
A taxpayer must maintain records to support deductions until the period of limitations expires. Under what circumstances is the period of limitations unlimited?
a.The taxpayer files a fraudulent return or does not file a return.
b.The taxpayer contests their tax liability in tax court.
c.The taxpayer does not pay the tax shown on the return.
d.Under no circumstances does the IRS have an unlimited amount of time to assess tax.
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