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Can You Beat The IRS By Waiting Out The Ten Year Statute?

September 12, 2016

Via: Forbes

IRS Collections won another game of “beat the clock” in federal district court this week. Judge Lynn Adelman of the Eastern District of Wisconsin ruled that the IRS is entitled to judgement in the amount of $657,233.78 against Anthony Boldin and that there would be an order of sale to enforce liens on his property.

Mr. Boldin had been arguing that since the deficiencies related to his almost timely filed 2001 and 2002 returns that the ten year statute of limitations on collections had run and that he was “olly olly oxen free“.

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