How long would it take you to read 21 pages? Under an hour? In just the time it takes you to read 21 pages, you will know exactly what the Internal Revenue Service Audit Agent will be looking for when they take a ride on your bus!
The tour bus industry includes a variety of transportation companies, including charter tours, scheduled daily tours, airport shuttles, and limousine service and car rental agencies. There are both national and local companies. In one district the Internal Revenue Service found that many of these operators were paying commissions for referrals or reservations made by hotel concierges and bell staff. Often commissions are paid in cash and no Form 1099 is issued. Management of one major national franchise indicated that paying cash commissions and not issuing Form 1099 is customary throughout the United States. This act in itself makes this industry RIPE FOR THE PICKING by the IRS!
The Federal Publishing Authority has been fortunate enough to obtain the SECRET IRS MANUAL designed specifically for Internal Revenue Service Audit Agents to use while conducting audits of the TOUR BUS INDUSTRY. This is the EXACT MANUAL that the auditors use - now you can use it to your advantage and be prepared when they come knocking on your door.