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Form 872-A, Special Consent to Extend the Time to Assess Tax, is used for agreeing to an open-ended assessment period. However, Form 872-A may not be used for employment taxes or certain miscellaneous excise taxes. be covered by the restricted consent does not make it impractical to do so.
Signatures: Individuals: Taxpayer making the voluntary disclosure should sign the Form 872. If a joint voluntary disclosure was made by taxpayers who filed joint returns, both the husband and wife must sign the Form 872.
Once the case has been assigned to an agent or examiner and the statute of limitations may be nearing, the agent will request the taxpayer to sign a form 872 extending the statute of limitations for the matter and it is common practice to sign the form.
A domestic corporation must file Form 1120, U.S. Corporation Income Tax Return, whether it has taxable income or not, unless its exempt from filing under section 501.
Use Form 2848 to authorize an individual to represent you before the IRS.
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The IRS has a relatively short time to complete an audit and its resources are limited. Consequently, the IRS often must ask taxpayers to voluntarily extend the assessment-period by granting a Form 872 (Consent to Extend the Time to Assess Tax) or some variation thereof.