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/biz/ - Business & Finance


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1734204 No.1734204 [Reply] [Original]

If the IRS tries to audit, and the person fails to make any communication with the IRS, how long until action is taken against that persons assets?

>> No.1734216

>>1734204
You will not get away with it. The IRS will charge you penalties and fees along with interest.

>> No.1734568
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1734568

>>1734204
they are watching this thread right fucking now
you are being backtraced

>> No.1734629

>>1734204
You have at least three years to file a correction, so they never audit during that period.

The IRS doesn't audit until about six years after they discover a problem. All that time you're generating MASSIVE penalties and fees, while the government gets ready to fuck you in the ass dry.