Legal Question in Real Estate Law in Nevada

Re: statute of limitation on an irs lien

The statute of limitations has been ten years since 1990; prior to that it was six years.

A determination of when the ten-year period begins, and factors that may extend the time period or re-start the clock, must be made for you by a tax specialist who has access to all the facts, however. Among other things, a voluntary agreement between the taxpayer and the IRS can extend the time for enforcement action on the lien; further, once the IRS begins enforcement action, the clock stops running.

The age and residency of the taxpayers is not usually a factor in the statute of limitations itself, although these factors may influence the IRS in deciding whether, when and how to bring an enforcement action.

Federal law (the Internal Revenue Code) seems to govern the limitations period.