Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

Kaleva

(36,307 posts)
Wed Oct 3, 2018, 11:25 PM Oct 2018

There is no statute of limitations if IRS determines taxpayer has filed a fraudulent return.

"It is also important to note that no deadline applies where the IRS can establish that a taxpayer has: 1) filed a false or fraudulent return; 2) willfully attempted to evade tax; or 3) failed to file a return. Unlike the circumstances above where tax returns are filed (even with errors), these are cases in which a taxpayer is willfully or intentionally not filing taxes or is filing fraudulent return(s). Not only will there be no time limit on IRS action against such taxpayers, but heightened interest fees and penalties will apply.

Worse yet, tax fraud and evasion are criminal violations and offenders face the prospect of fines and jail time if the government seeks to prosecute them for the offenses....."

https://tax.findlaw.com/tax-problems-audits/what-is-the-irs-statute-of-limitations-or-deadline-for-action-on-.html

15 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
There is no statute of limitations if IRS determines taxpayer has filed a fraudulent return. (Original Post) Kaleva Oct 2018 OP
Baaah...never mind. I'll assume, as I should, that it's a simple typo A HERETIC I AM Oct 2018 #1
I'll follow your lead lunatica Oct 2018 #4
Spell check sometimes leads me astray. Kaleva Oct 2018 #6
As it does all of us! A HERETIC I AM Oct 2018 #11
I heard on MSNBC that there may be a few problems... BigmanPigman Oct 2018 #2
There is a time limit if the IRS cannot establish " willfully attempted to evade tax". Kaleva Oct 2018 #5
yesssss dweller Oct 2018 #3
Put the fucker is prison. triron Oct 2018 #7
Could DFT pardon himself from IRS transgressions? RainCaster Oct 2018 #8
Should his sister resign from the court? 3Hotdogs Oct 2018 #9
I thought she was retired. Kaleva Oct 2018 #10
Just the civil case will permanently bankrupt him. roamer65 Oct 2018 #12
maybe his sister can be charged with something, as well. nt Grasswire2 Oct 2018 #13
And Trump's kids may be invovled with illegal transfer of money to them. Kaleva Oct 2018 #14
as Donald Rumsfeld said of Iraq after 9-11 Grasswire2 Oct 2018 #15

BigmanPigman

(51,607 posts)
2. I heard on MSNBC that there may be a few problems...
Wed Oct 3, 2018, 11:30 PM
Oct 2018

there is a 3-6 year window for certain charges. Also, they have to prove the "intent" which can get tricky as far as attorneys and financial advisors go for something this complicated and has been going on for so long.

Kaleva

(36,307 posts)
5. There is a time limit if the IRS cannot establish " willfully attempted to evade tax".
Wed Oct 3, 2018, 11:34 PM
Oct 2018

There is no time limit if the IRS can establish that.

RainCaster

(10,879 posts)
8. Could DFT pardon himself from IRS transgressions?
Wed Oct 3, 2018, 11:49 PM
Oct 2018

Given how few reprieve opportunities there are for tax cheats, my hope is "NO".

Latest Discussions»General Discussion»There is no statute of li...