IRS Audit Protection and Survival Guide: Trucking Industry (Internal Revenue Service Audit Protection and Survival Guide) - Hardcover

Baran, DJ

Hardcover

ISBN 10: 0471166413 ISBN 13: 9780471166412

Publisher: John Wiley & Sons, 1997

Synopsis

The IRS′s Market Segment Specialization Program determines audit guidelines forspecific industries. This book provides practical advice for professionals in specific fields and their advisors on how to handle an IRS audit.

About this title

From the Back Cover

How can a trucking company survive . . .

The first major overhaul of the tax audit system in the past 50 years?

MSSP, an organized IRS program that targets the trucking industry?

Specially trained IRS agents with unprecedented fingertip access to public archives, industry statistics, and the tax history of any business?

With IRS Audit Protection and Survival Guide Trucking Industry

New strategies and techniques for audit self–defense.

And don′t miss these other IRS Audit Protection and Survival Guides available now from Wiley:

• Bars and Restaurants
• Bed and Breakfasts
• Attorneys

The trucking industry is one of the prime targets of the IRS′s Market Segment Specialization Program (MSSP). Using a newly developed industry specific Audit Technique Guide and the latest in computer and communications technology, agents specially trained in the finer points of trucking industry operation and accounting are putting the tax returns of thousands of businesses under a very powerful microscope. Now more than ever, it is vital for CPAs and trucking company owners and managers to anticipate IRS actions in order to avoid an audit or to survive one should it occur.

IRS Audit Protection and Survival Guide: Trucking Industry helps businesses prepare for this intensified scrutiny. It explains the issues in the IRS MSSP Audit Technique Guide for the trucking industry and describes specific changes in the IRS approach to examining trucking company tax returns. Prescribing a series of audit self–protection strategies and techniques for the entire industry, Daniel Baran and former IRS agent Gerald Bernard bring all of their combined 40 years′ experience to bear in analyzing the program′s effects on key areas of taxation. Topics covered include:

• Audit issues common to the trucking industry
• Audit techniques and areas of concentration for finding unreported income
• Independent contractors versus employee classifications
• Excise taxes heavy vehicle use, transport over public highways, retail sales tax, fuel and other excise taxes
• Specific carrier issues trucking companies using leasing companies, shipper′s agents, freight forwarders.

Supplemented with relevant IRS forms, tables, and regulations, this is the ultimate road map to the changing tax landscape for CPAs, trucking company operators, and tax attorneys.

About the Author

DANIEL J. BARAN, CPA, is a principal of Daniel J. Baran, P.C., a firm specializing in tax controversy, tax planning, and tax compliance. A former senior tax staff member with Ernst & Young LLP, he was a founding board member of the Arizona Forum for Improvement of Taxation. He is a past chairman of the Arizona Society of CPAs′ Internal Revenue Service Committee and the Arizona Department of Revenue Tax Liaison Committee.

GERALD F. BERNARD, CPA, is coprincipal of Bernard & Stallman, P.C., a Phoenix–based accounting firm that specializes in tax services. A former IRS agent who for five years performed audits on individuals, small businesses, and trusts, Mr. Bernard now uses his IRS expertise to serve his clients. He is a past chairman of the Arizona Tax Legislation Committee of the ASCPA and served two terms as chairman of the Audit and Compliance Committee of the Arizona Forum for Improvement of Taxation.

Edition details

• Publisher: John Wiley & Sons
• Publication date: 1997
• ISBN 10: 0471166413
• ISBN 13: 9780471166412
• Binding: Hardcover
• Language: English
• Number of pages: 244