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You can have the information you need to save yourself from an embarrassing IRS Audit!

Instantly transfer the actual Instructions developed by the IRS to train its auditors in the Gas Retail Industry

Why Makes The Internal Revenue Service Target Gas Stations For Tax Audits?

The service station has historically been the type of business wherever most of the financial gain and galore of the expenses are paid in cash.

Take a sneak peek into this priceless Manual...

From Chapter 3-

Internal Revenue Service Auditors Wish Decidedly Review The Following To Determine If You Have Another Potential Sources Of Income-

Do you have / offer any of these services?

Internal Revenue Service Audit Agents cognize to look for the following:

TECS - (Treasury Social control Communication System) money declared with Customs once taken in or out of the country by selection
Sites that have a brew and wine license wish sell more much merchandise than without the license
Real Estate Records - for real estate sales and purchases. Contact collection employees for the better source of this information.
Motor Vehicle Records - determine local or state procedures for securing this information
Location and Sales - A nice location site wish have a high volume of sales.
How galore pumps? What are the grades of product being oversubscribed and are there any another types of products such as diesel fuel, propane, or blending products?
Have internal controls been addressed? Are the internal controls presently in place the same as during the year under audit?
Check the current merchandising prices and note variances between prices of fuel at the taxpayer's station and another stations in the area.
Be alert to any another service station(s) closely held in whole or in part as an individual, partner, and/or shareholder.
Bank Deposit Analysis
Are cars for sale at the location?

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