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	<title>Tax  Lawyer&#039;s  Blog &#187; Statutes of Limitation</title>
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		<title>Tenth Circuit Rules that Statute of Limitations for Basis Overstatements is 6, not 3, Years</title>
		<link>http://www.pappasontaxes.com/index.php/2011/06/01/tenth-circiut-rules-that-statute-of-limitations-for-basis-overstatements-is-6-not-3-years/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/06/01/tenth-circiut-rules-that-statute-of-limitations-for-basis-overstatements-is-6-not-3-years/#comments</comments>
		<pubDate>Wed, 01 Jun 2011 13:10:53 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Court Cases]]></category>
		<category><![CDATA[IRS Audits]]></category>
		<category><![CDATA[Statutes of Limitation]]></category>
		<category><![CDATA[basis overstatements]]></category>
		<category><![CDATA[paul caron]]></category>
		<category><![CDATA[statute of limitations on assessments]]></category>
		<category><![CDATA[tenth circuit]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=21754</guid>
		<description><![CDATA[The saga over what is the correct statute of limitations for basis overstatements continues. Paul Caron reports: The Tenth Circuit yesterday reversed the Tax Court and held that Reg. § 301.6501(e)-1 is entitled to Chevron deference and concluded that overstated asset basis triggers the six-year statute of limitations. Salman Ranch Ltd. v. Commissioner, No. 09-9015 (10th Cir. [...]]]></description>
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		<title>Basis Overstatements and the Statute of Limitations on Assessment</title>
		<link>http://www.pappasontaxes.com/index.php/2011/02/10/good-news-for-taxpayers/</link>
		<comments>http://www.pappasontaxes.com/index.php/2011/02/10/good-news-for-taxpayers/#comments</comments>
		<pubDate>Thu, 10 Feb 2011 12:10:42 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Court Cases]]></category>
		<category><![CDATA[Statutes of Limitation]]></category>
		<category><![CDATA[basis overstatement]]></category>
		<category><![CDATA[burks v us]]></category>
		<category><![CDATA[irs assessment]]></category>
		<category><![CDATA[IRS Audits]]></category>
		<category><![CDATA[omission of income]]></category>
		<category><![CDATA[statute of limitation on assessment]]></category>
		<category><![CDATA[tax assessment]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=21186</guid>
		<description><![CDATA[Paul Caron reports that the Fifth Circuit has now joined the Fourth and the Ninth in holding that the an overstatement of basis is not the same as an omission of income and, therefore, the extended statute of limitations on assessments (6 years instead of 3 years) that applies to income understatements does not apply to [...]]]></description>
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		<title>The 10 Year Statute of Limitations on Collection of an IRS Debt</title>
		<link>http://www.pappasontaxes.com/index.php/2009/04/07/the-10-year-statute-of-limitations-on-collection-of-an-irs-debt/</link>
		<comments>http://www.pappasontaxes.com/index.php/2009/04/07/the-10-year-statute-of-limitations-on-collection-of-an-irs-debt/#comments</comments>
		<pubDate>Tue, 07 Apr 2009 04:15:25 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[Statutes of Limitation]]></category>
		<category><![CDATA[Tax Collections]]></category>
		<category><![CDATA[Back Taxes]]></category>
		<category><![CDATA[collection statute]]></category>
		<category><![CDATA[IRS collections]]></category>
		<category><![CDATA[irs disputes]]></category>
		<category><![CDATA[statute of limitations]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=4131</guid>
		<description><![CDATA[The IRS has ten (10) years from the date of a tax assessment to collect a debt from the taxpayer. The date the collection statute expires is called the Collection Statute Expiration Date or CSED. When this date passes, the IRS is barred from attempting to collect your tax debt unless you waive the enforcement of the [...]]]></description>
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		<slash:comments>17</slash:comments>
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		<title>Tax Court Update &#8211; January 2009 &#8211; Statute of Limitations on Assessment</title>
		<link>http://www.pappasontaxes.com/index.php/2009/01/20/tax-court-update-january-2009-statute-of-limitations-on-assessment/</link>
		<comments>http://www.pappasontaxes.com/index.php/2009/01/20/tax-court-update-january-2009-statute-of-limitations-on-assessment/#comments</comments>
		<pubDate>Wed, 21 Jan 2009 00:41:07 +0000</pubDate>
		<dc:creator>Peter</dc:creator>
				<category><![CDATA[IRS Penalties]]></category>
		<category><![CDATA[Statutes of Limitation]]></category>
		<category><![CDATA[6501]]></category>
		<category><![CDATA[6501(c)(1)]]></category>
		<category><![CDATA[6663]]></category>
		<category><![CDATA[badges of fraud]]></category>
		<category><![CDATA[irs assessment]]></category>
		<category><![CDATA[statute of limitations on assessment]]></category>

		<guid isPermaLink="false">http://blog.pappastax.com/?p=2909</guid>
		<description><![CDATA[David Loeb v. Commissoner of Internal Revenueand Harold Molaison v. Commissioner of Internal Revenue (Consolidated) &#8211; The issue for decision in these consolidated cases was whether the statute of limitations barred the IRS&#8217; issuance of the Notices of Deficiency. IRC § 6501(a) provides, Except as otherwise provided in this section, the amount of any tax imposed by [...]]]></description>
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