Question
The statute of limitations is three years, and it runs for six years if a taxpayer omits gross income in excess of 25% of the
The statute of limitations is three years, and it runs for six years if a taxpayer omits gross income in excess of 25% of the gross income reported on the return. There is no statute of limitations if the taxpayer willfully defrauds the government.
True or False
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Advanced Financial Reporting And Analysis
Authors: John Dunn, Margaret Stewart
1st Edition
0470973609, 9780470973608
