Time's Up: Statutes of Limitations in Federal Tax Practice

Every federal tax controversy runs against a clock. This session surveys the periods that govern assessment, collection, refund claims, and the government's own recovery of erroneous payments, along with the rules that extend, suspend, or eliminate those windows entirely.

Frost Law attorneys Rebecca Sheppard, Esq., and Peter Haukebo, Esq., join ALFi, the Accounting, Legal & Finance Institute, to map the relationships among these deadlines, the circumstances that leave a period open indefinitely, and the judicial filing deadlines that follow an IRS determination. The discussion also addresses recent developments on excusing missed court deadlines and notes where state limitations periods depart from the federal rules.