statue of limitations

[humberto67]

I owe income tax to the IRS on the years 1987,88,89,90,91,92,,since1996 when a personal lien was imposed my credit has been ruined ,,I have a (CPA-Lawyer),that doesn't move fast enough ,,I previously have been rejected on an offer in compromise application filled in 2002 ,,the IRS hasn't taken any action against me any more .

Do anyone understand the statue of limitations in taxes and does my case apply for any of this laws?

 

[davew128]

Not enough details to say. When were the returns filed. Bankruptcy petitions? How many OIC offers were made and when and how long outstanding? SOL is 10 years from the time the tax is assessed but I have seen active tax debts almost 20 years old because the individuals kept filing BK and submitting OICs that got rejected.

 

[humberto67]

income tax were filled in 93 (19 years ago)
assessment on such unpaid taxes I believe take place 3 years after you have filled ? 1996.
personal lien filed in court in 1996.
OIC only one time rejected in 2002,,
I believe Im in copliace with them I have paid my taxes since 1993

Thanks for your advice.

 

[davew128]

Then ask your CPA to get account transcripts from the IRS to see if the statute has passed. Why is this an issue NOW?

 

[humberto67]

IRS, provide transcripts up to 3 years only,,,any other information requires a different approach .

all I'm trying to do is get the basis of this part of the law and its application in cases like mine,,,before I file for a lien removal,,,

thanks for any input to it.

 

[davew128]

IRS, provide transcripts up to 3 years only,,,any other information requires a different approach .

BS. I can get a transcript for any I client I have a valid POA on going back 10 years.

all I'm trying to do is get the basis of this part of the law and its application in cases like mine,,,before I file for a lien removal,,,

And you were given the correct response. The only way to know if the SOL is up is to get a transcript.