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Subject Author Date
Side effect of IRS extension of filing deadline Ira Smilovitz 04-18-2007
Posted by mattisyahu on April 19, 2007, 4:11 am
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> Yesterday (it's now 4/17 here) the IRS announced a 48 hour
> extension of the filing/payment deadline for taxpayers
> affected by the storms of the past weekend.
>
> My purely hypothetical question is... would this extend the
> deadline for 2003 amendments/refund claims which would have
> reached the statute of limitations on 4/15 (4/17)?
>
> Personally, I think that anyone who arranges their affairs
> so poorly that they are up against a hard deadline deserves
> whatever befalls them, but I'm curious just the same.

IRS cannot extend statutory deadlines or else there
effectively would never be a statute of limitations (i.e.
the IRS could extend the period indefinitely and audit
someone after 3 years at will).

<< ======================================================= >>
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<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
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Posted by Harlan Lunsford on April 19, 2007, 4:11 am
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 Ira Smilovitz wrote:

> Yesterday (it's now 4/17 here) the IRS announced a 48 hour
> extension of the filing/payment deadline for taxpayers
> affected by the storms of the past weekend.
>
> My purely hypothetical question is... would this extend the
> deadline for 2003 amendments/refund claims which would have
> reached the statute of limitations on 4/15 (4/17)?
>
> Personally, I think that anyone who arranges their affairs
> so poorly that they are up against a hard deadline deserves
> whatever befalls them, but I'm curious just the same.

Nope. Tax year closed out April 15th.

ChEAr$,
Harlan Lunsford, EA n LA

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by Bob Sandler on April 19, 2007, 4:30 am
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> Yesterday (it's now 4/17 here) the IRS announced a 48 hour
> extension of the filing/payment deadline for taxpayers
> affected by the storms of the past weekend.
>
> My purely hypothetical question is... would this extend the
> deadline for 2003 amendments/refund claims which would have
> reached the statute of limitations on 4/15 (4/17)?

No.

http://www.irs.gov/newsroom/article/0,,id=169543,00.html.

Frequently Asked Questions about the April 16, 2007, Storm
Relief

Q: Does the storm relief apply to the individual tax refund
claims for tax year 2003 where the regular three-year
statute of limitations is expiring?

A: No. We do not have the authority to extend the statute
of limitations for the filing of the refund claims or any
other time sensitive acts unless there is a Presidential
disaster declaration.

Bob Sandler

<< ======================================================= >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ======================================================= >>

Posted by ConanOBrien on April 19, 2007, 8:49 pm
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> Yesterday (it's now 4/17 here) the IRS announced a 48 hour
> extension of the filing/payment deadline for taxpayers
> affected by the storms of the past weekend.
>
> My purely hypothetical question is... would this extend the
> deadline for 2003 amendments/refund claims which would have
> reached the statute of limitations on 4/15 (4/17)?

The IRS website stated that 4/17 is the deadline for 2003
returns....not sure about the storms though

<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by OhioTaxPro on April 21, 2007, 11:54 pm
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mattisy...@gmail.com wrote:

>> Yesterday (it's now 4/17 here) the IRS announced a 48 hour
>> extension of the filing/payment deadline for taxpayers
>> affected by the storms of the past weekend.
>>
>> My purely hypothetical question is... would this extend the
>> deadline for 2003 amendments/refund claims which would have
>> reached the statute of limitations on 4/15 (4/17)?
>>
>> Personally, I think that anyone who arranges their affairs
>> so poorly that they are up against a hard deadline deserves
>> whatever befalls them, but I'm curious just the same.

> IRS cannot extend statutory deadlines or else there
> effectively would never be a statute of limitations (i.e.
> the IRS could extend the period indefinitely and audit
> someone after 3 years at will).

In the case of fraud, the IRS can audit at will without
regard to the timeframe.

<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2006) - All rights reserved. >>
<< ------------------------------------------------------- >>

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