IRS Extending the Tax Assessment Period  Jeopardy Assessment (Part II)  Jeopardy assessments will be made only if one or more of the following conditions exist:  1. The taxpayer is, or appears to be, planning to depart the United States quickly or to conceal himself/herself;  2. The taxpayer is, or appears to be, planning to place…

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IRS Extending the Tax Assessment Period  Jeopardy Assessment (Part I)  Jeopardy assessments are made when the Service believes that collection of a proposed deficiency or employment tax liability will be endangered if the IRS follows their regular procedures (see Internal Revenue Code Sections 6861 and 6862). Jeopardy assessments are used sparingly and only when necessary…

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