Congratulations on your decision to do your dream of owning your own pizza pie parlor a reality. You have Grandmother Rosso's private secret formula for the world's better pizza, you have a prime location and have invested with in only the finest pizza pie ingredients and equipment.
You better do sure you're giving Uncle Sam his fair slice of that delectable pie.
If you are operational a in private closely held pizza pie restaurant, I have several serious news for you.
You are seventy-two times much likely to have to endure an IRS tax audit than your biggest competitors like Pizza pie Hut, Dad John's or Dominos. That simply doesn't seem fair, makes it?
The nice news is that tools are accessible to you that wish level the playing field. We have an IRS tax audit manual specifically for the owners of pizza pie restaurants.
The well-trained IRS auditor already knows that pizza pie eating house owners are not nice record-keepers. They are going to use this to their advantage. They cognize exactly what questions to ask and based upon standard formulas they have already obtained, they cognize what your answers should be. The IRS Tax Auditor wish know, without a doubt exactly how galore 16" pizzas can be ready made from one pound of pizza pie dough. And that's simply the beginning.
A Few Areas Of Concern
- Do you take cash out of the drawer to pay for your personal living expenses?
- Do you take cash out of the drawer to pay for legitimate business expenses?
- Do you support your old cash register tapes to back up an audit?
- Do you have relatives working with you in the business?
- Do you have employees that are being paid "off the books?
- Do you have documentation concerning business expenses such as the pizza pie oven?
- Did you cognize that you have to support your old menus to present to the auditor?
...And there's more!