It has been widely written that the criminal charges against Hunter Biden, with respect to his tax evasion, were severely hampered because the IRS let the statute of limitations lapse. But it is clear to anybody that’s ever worked with the IRS that this is blatant coverup. It’s hard to know exactly what happened, but the fact remains that the IRS never lets the statute of limitations lapse.
Indeed, when the IRS has an open case, the most important element of that case, always, is the statute of limitations. It is normal IRS procedure to insist that the taxpayer agree to extend the statute when there is still six months to go. If the taxpayer refuses, the IRS issues a Notice of Deficiency for the largest amount it can imagine, preventing the statute from expiring. Taxpayers therefore NEVER refuse.
In 40 years of practice, and in discussions with other tax practitioners, no one has ever heard of a case where the statute of limitations actually lapsed. Anybody who has worked with any IRS agents will tell you that they will confirm that they have never heard of the statute of limitations lapsing — especially with a different level of supervisor’s attention to the statute.
As if this was not incredulous enough, the statute of limitations never expires in the case of tax fraud. Though the statute is normally three years from the date of the filing of return, and six years if income on the tax return was understated by 25% (certainly the case with Hunter Biden), this period is extended indefinitely if tax fraud is involved (also almost certainly the case with Hunter).
Though I have tried to pursue this matter and get an answer from people involved, I have up to this point not been successful. But I do want the public to know that there is some serious cover-up going on with the current Hunter Biden IRS tax situation.