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USAco, a domestic corporation, filed its return for year 1 on March 15 of year 2. The IRS is auditing USAcos year 1 return. USAco
USAco, a domestic corporation, filed its return for year 1 on March 15 of year 2. The IRS is auditing USAcos year 1 return. USAco is recalcitrant and fails to respond to any request for information from the IRS, including the IRSs summons for information. If the IRS is concerned about the statute of limitations expiring without obtaining any information to make an assessment, the IRS will issue USAco:
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