Tax
Mar. 21, 2022
No IRS SOL on audit? How can this be?
Tax audits are unnerving and can be expensive. Even if you end up with the coveted “no change” letter that is the stuff of legends, you don’t want to go through it. No one does. In California, of course, if you have an IRS audit, you will likely end up owing California’s tough Franchise Tax Board, too.
Robert W. Wood
Managing Partner
Wood LLP
333 Sacramento St
San Francisco , California 94111-3601
Phone: (415) 834-0113
Fax: (415) 789-4540
Email: wood@WoodLLP.com
Univ of Chicago Law School
Wood is a tax lawyer at Wood LLP, and often advises lawyers and litigants about tax issues.
Tax audits are unnerving and can be expensive. Even if you end up with the coveted "no change" letter that is the stuff of legends, you don't want to go through it. No one does. In California, of course, if you have an IRS audit, you will likely end up owing California's tough Franchise Tax Board, too.
And if you start with the Franchise Tax Board, you can end up owning the IRS, too, unless you play your cards right. That is, in some cases...
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