Home Concrete & Supply LLC v. United States, 132 S. Ct. 1836 (U.S. 2012), aff'g., 634 F.3d 249 (4th Cir. 2011

(three-year statute of limitations under I.R.C. Sec. 6501(e)(1)(A) (instead of 6-year statute under I.R.C. Sec. 6501(e)(1)(A)) applies to omission of income exceeding 25 percent of gross income as a result of overstated basis; Fourth Circuit decision affirmed, which is consistent with opinions of Ninth Circuit and Federal Circuit).