Towing Service Payments.................... 7-17

Insurance Fraud............................ 7-18

Smog Certificate Sales..................... 7-18

 

Chapter 8 -- Change in Accounting Method

Introduction..................................... 8-1

Why Make an IRC Section 481 Adjustment?.......... 8-1

Inventory Adjustment............................ 8-1

Computation of Accrued Sales and Purchases....... 8-3

Computation of IRC Section 481

Adjustment for Accrued Receivables.......... 8-3

Determination of Accrued Purchases.......... 8-8

IRC Section 481(b)(1) & (2) Limitations.......... 8-8

Revenue Procedure 92-20......................... 8-11

 

Chapter 9 -- Employment Taxes

Introduction..................................... 9-1

Recharacterization of Payments as Wages.......... 9-4

Consistent Treatment as Non-Employees............ 9-5

Occasional Treatment as Non-Employees............ 9-6

Bonuses.......................................... 9-7

Officer Salaries................................. 9-8

Other Situations................................. 9-8

Examining Returns, Books and Records............. 9-9

The Tax Return.............................. 9-9

Transcripts................................. 9-9

Back  Continue

Chapter 1  Chapter 2   Chapter 3   Chapter 4    Chapter 5   Chapter 6    Chapter 7   Chapter 8    Chapter 9   Chapter 10    Glossary

viii