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Statutes of limitation provide the IRS time to review and seek redress for errors in tax returns, whether intentional or not. Under the general rule, the IRS must assess income taxes, estate taxes, and gift taxes within three years from the later of the date the taxpayer's return is due or the date the taxpayer files the return. I.R.C. § 6501(a). Generally, the IRS does this through bulk processing operations at facilities known as IRS Centers, under its authority to assess the taxes shown on returns. I.R.C. § 6201(a)(1). If the taxpayer files the return on or before its due date, the three-year period begins on the due date. I.R.C. § 6501(b)(1). If the taxpayer files the return after its due date, the three-year period begins on the day after the date the return is filed.
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