Assessment of an internal revenue tax must be made within three years of the later of date that the return was actually filed or the actual (i.e., not extended) due date of the return.

Question

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This is known as the statute of limitations for assessing taxes and is outlined in Internal Revenue Code section 6501(a). However, there are some exceptions and circumstances in which the statute of limitations may be extended.

Assessment of an Internal Revenue Tax Must Be Made Within