Question

An individual taxpayer agreed to a finding of fraud on an income tax return filed two years ago. What is the maximum time limitation, if any, after which the irs may not assess any additional taxes against the taxpayer for this tax return?

Answer 1

An individual taxpayer agreed to a finding of fraud on an income tax return filed two years ago. the maximum time limitation, if any, after which the irs may not assess any additional taxes against the taxpayer for this tax return is max retail price