Category: Tax Controversy
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Understanding the IRS Statute of Limitations: Audits and Collections
The statute of limitations refers to the legal timeframe during which parties must initiate legal proceedings. In tax matters, it defines how long the IRS has to audit a return or collect unpaid taxes. These timeframes help protect taxpayers from indefinite exposure to IRS enforcement, while also giving the agency time to investigate and pursue…
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Understanding the Internal Revenue Manual (IRM)
The Internal Revenue Manual (IRM) is one of the most important internal tools used by IRS employees. It provides detailed instructions for carrying out administrative and procedural functions, such as how to: While the IRM is not legally binding and does not have the force of law, it plays a crucial role in how the…