Think You Have An IRS Tax Audit "All Sewn Up"? The Internal Revenue Service has created a training manual specifically for their auditors to use when examining a Garment Contractor.
What does the IRS tell its auditor's about the Garment Industry and its operations?
Uncle Sam's Tax Audit Assistant for Garment Contractors not only educates auditors about the garment industry, the IRS teaches the auditors to focus on problem areas in the Garment Contracting industry such as:
- Unallowable Reserves For Sales
- Improper Purchase
- Discounts Returns Allowances
- Costing Errors
- Accruals
- Inventory Write-Downs
- ...and much, much more!
