By law, taxpayers interacting with the IRS have the right to finality. This right comes into play for taxpayers who are going through an audit. These taxpayers have the right to know when the IRS has finished the audit. This is one of ten basic rights — known collectively as the Taxpayer Bill of Rights.
Here's what taxpayers in the process of an audit, should know about their right to finality:
Taxpayers have the right to know:- The maximum amount of time they have to challenge the IRS's position.
- The maximum amount of time the IRS has to audit a particular tax year or collect a tax debt.
- When the IRS has finished an audit.
More information can be found at
Taxpayer Bill of Rights
https://www.irs.gov/taxpayer-bill-of-rights PDF version: Publication 1, Your Rights as a Taxpayer
https://www.irs.gov/pub/irs-pdf/p1.pdf