How Many Years Back Can the IRS Audit You? | Community Tax скачать в хорошем качестве

How Many Years Back Can the IRS Audit You? | Community Tax

What does the IRS look for to trigger a tax audit, and just how far back can they go to audit you? This video will cover the IRS statute of limitations, how the 3 year audit period may apply, and circumstances where the IRS may audit further back than the typical 3-year time limit. Note that if you do not file taxes, there is NO statute of limitations. Learn more about how to ensure you are covered in the event of an audit, and best-practices to prevent an audit in the first place. Resources: "IRS Audits" - IRS.gov - https://www.irs.gov/businesses/small-... "IRS Statute of Limitations" - Community Tax - https://www.communitytax.com/services... #TaxAudit #IRSAudit #CommunityTax ------------------------------------------------------------------------- Contents of this video: 00:00 - [ Intro ] 00:16 - [ What Is an IRS Audit? ] 00:34 - [ What Triggers an Audit? ] 00:52 - [ Understanding the IRS Statute of Limitations ] 01:08 - [ How to Prepare for an IRS Audit? ] 01:25 - [ How Long to Keep Tax Records] 01:45 - [ How to Prevent an IRS Audit ] ------------------------------------------------------------------------- Don’t let taxes impact your financial standing, get actionable advice from professionals you can trust at Community Tax. Visit us online: https://www.communitytax.com/ Connect with us on Linkedin:   / community-tax-relief-llc   Follow us on Facebook:   / communitytaxllc   Follow us on Instagram:   / communitytaxllc   Follow us on Twitter:   / communitytaxllc   Follow us on TikTok:   / communitytaxllc   ------------------------------------------------------------------------- Community Tax is a private, fee-based service provider. Individual results may vary based on your individual situation. Program does not assume or pay any debts, promise a specific reduction in income taxes owed or provide legal representation. Not all taxes are the same and the IRS does not always settle, so a specific reduction in the amount of taxes owed is not guaranteed. Community Tax’s program is not available in all states.