Personal Income Tax Planning

This PodCast concerns a case involving the statute of limitations and the issue of reliance on IRS advice.  In the case of A. L. Katz & J. L. Miller v. United States the United States Court of Claims explains that a taxpayer cannot use the fact that an IRS employee told them a claim could be filed by a date that turned out to be after the statute had expired to reopen the statute.  The case provides an opportunity to look at the general rules that are involved with Section 6511 and the statute of limitations on claims for refund.The materials for the podcast can be downloaded from http://edzollars.com/2006-09-16_Statute.pdf . This Podcast is sponsored by Leimberg Information Services, Inc. at http://www.leimbergservices.com Please visit our software, books, and PowerPoint Presentations site at http://www.leimberg.com