IRS attorneys will tell you it is presently unclear how many years back the IRS may go to audit your tax returns in certain cases. That’s because cases like Salman Ranch, LTD suggest the IRS may go back as far as six years to audit your tax returns and look
for back taxes you may owe. IRS tax lawyers say in other cases, like Home Concrete & Supply LLC, the agency has been limited to going back only three years to audit tax returns.

At a time when most people agree the engine for creating new jobs in a depressed
economy is small business, IRS attorneys following the government’s new strategy for
increasing revenue point with concern to some recent comments by Treasury Secretary
Timothy Geithner. During testimony before the House Small Business Committee last
week, IRS tax lawyers say Mr. Geithner told Congress the federal government “must”
raise taxes on small businesses so the government doesn’t “shrink.”

According to these same IRS tax attorneys, the Obama administration’s plan to raise

With the economy in the tank, and America’s population getting older, IRS attorneys
say the government is facing a huge problem. Beginning in 2010, the “baby boomers”
started reaching retirement age. As the country approaches 2015, the percentage
of our population getting ready to retire is expected to grow so quickly that the U.S.
economy, even operating on all eight cylinders, won’t be able to keep up. This,
according to several IRS tax attorneys, means the government will be forced to
drastically cut spending, drastically increase taxes, drastically increase the country’s

Quarterly the IRS publishes a Statistics of Income (SOI) Bulletin which tracks some
interesting data. According to the recently released information pertaining to the 2008
tax year, IRS attorneys maintain the most recent SOI Bulletin showed more than 4.3
million tax returns had adjusted gross incomes of $200,000 or more. IRS tax lawyers
point out that number represents approximately 3% of all the individual tax returns filed
in 2008.

Other information disclosed by previously published SOI Bulletins revealed that in 2007