In March 2013, Jim asks you to prepare his Federal income tax returns for tax years 2010,

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In March 2013, Jim asks you to prepare his Federal income tax returns for tax years 2010, 2011, and 2012. In discussing this matter with him, you discover that he also has not filed for tax year 2009. When you mention this fact, Jim tells you that the statute of limitations precludes the IRS from taking any action as to this year.
a. Is Jim correct about the application of the statute of limitations? Why or why not?
b. If Jim refuses to file for 2009, should you prepare returns for 2010 through 2012? Explain.
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South Western Federal Taxation 2014 Comprehensive Volume

ISBN: 9781285180922

37th Edition

Authors: William H. Hoffman, David M. Maloney, William A. Raabe, James C. Young

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