Originally Posted by eagles
i just heard that the 2011 farm bill had a clause snuck into it that removed the ten year statute of limitations for the IRS to collect back taxes . Back in 1990 I had an audit that the IRS failed to get me to sign the limitation line on .Once it ran out while they were going over things they told me because of the statute of limitations I no longer owed the money .SO , can they now come after me again for the 1990 taxes ? ? Second part is I was put on a non collectible for now status on some other taxes the statute is has run out on a year and will run out next year on the second . Is that all gone now ? I will owe these taxes for ever ? How can they do this under the table ?
I heard today on TV that in the 2011 Farm Bill , a sentence was added that remjoved the ten year limitation on income tax . I tried to post in another section but not sure I did .Anyway . if I had old tax bills that the statute of limitations ran out on in 1990 and which at the time they told me had run out Can they all of a sudden come after me again for those taxes ?===============>>>>>>>>>>>>>>>>>>>>it depends;aslongas the sol is still open, IRS has to send a mildly worded payment reminder notice once a year. If you do not received one, the statute has expired; the penalties and interests are usually added into unpaid taxes. It is unusual that IRS did not file a tax lien or tax levy towards the tax debt.so you might be past the SOL but there are things that can reset the clock, and you might or might not know when the clock really started. If the amount is small, the IRS might just not have bothered, but if it was a large amount, would be unusual for them not to have pursued it.
If I am very close to having another year run out they currently have me as currently noncollectable on , will I now owe these taxes for ever ?===============>>>>>>>>>>>hard to tell; it is up to them as mentioned above