RIGHT NOW, You Can Escape The Pain and Embarrassment of Not Being Prepared For An IRS Audit.
Take a FREE sneak into simply a few of the aspects that the IRS knows simply about the Mortuary and Graveyard business - you may be amazed - From Chapter 6 -
Whether a mortuary is closely held by an exempt or non-exempt cemetery, it wish always be taxable. The operation of a mortuary includes the following:
- Preparing the deceased for viewing and burial and conducting ceremony services
- Pickup of the deceased from their home, hospital, convalescent home, etc.
- Merchandising of caskets, vault liners, flowers, burial clothing, memorial books and folders, etc.
- Delivery of the deceased to the graveyard or another disposal service
Articles see in industry magazines indicate that the mortuary industry is generally thought to be in a period of consolidation. Transition is taking place from individual, severally closely held ceremony homes to larger, multi-site operations. Several of these operations are multi-state in size.
Most of the ceremony homes targeted for audits were either family-owned or closely-held enterprises. With individual proprietorships, the owners are normally the accredited ceremony directors. The smaller ceremony homes had many family members employed in the business.
