Description

IRS Tax Audit Manual for Garden Supplies and Nurseries 

Concentrates on retail and wholesale aspects of garden supplies (garden centers and equipment dealers, greenhouses, nurseries and mulch companies). Provides suggested audit techniques for examiners and discusses potential issues.

TABLE OF CONTENTS

• Chapter 1
  • Introduction 1-1
  • Scope of this Manual 1-1
  • Selection Process / Source of Examinations 1-1
  • Industry Background and Characteristics 1-2
• Chapter 2
  • Garden Centers and Equipment Dealers 2-1
  • General Background 2-1
  • Auditing Techniques 2-1
  • Books and Records 2-1
  • Interview Questions for Garden Centers 2-2
  • Issues 2-3
  • Accounting Method 2-3
  • Inventory 2-3
  • Income 2-5
  • Capitalization and Depreciation 2-7
• Chapter 3
  • Greenhouses 3-1
  • General Background 3-1
  • Auditing Techniques 3-3
  • Books and Records 3-3
  • Interview Questions for Greenhouses 3-3
  • Issues 3-5
  • Accounting Method 3-5
  • Inventory 3-6
  • Income 3-7
  • Capitalization and Depreciation 3-8
  • Other Issues 3-11
• Chapter 4
  • Nurseries 4-1
  • General Background 4-1
  • Auditing Techniques 4-2
  • Books and Records 4-2
  • Interview Questions for Nurseries 4-3
  • Issues 4-4
  • Accounting Method and Inventory 4-4
  • Income 4-7
  • Capitalization and Depreciation 4-8
  • Other Issues 4-13
• Chapter 5
  • Mulch 5-1
  • General Background 5-1
  • Auditing Techniques 5-3
  • Books and Records 5-3
  • Interview Questions for Mulch and Compost Companies 5-3
  • Issues 5-4
  • Accounting Method 5-4
  • Inventory 5-5
  • Income 5-5
  • Capitalization and Depreciation 5-7
• Chapter 6
  • Other Tax Considerations 6-1
  • Employment Taxes 6-1
  • Excise Taxes 6-4
• Chapter 7
  • Changes in Methods of Accounting 7-1
• Chapter 8
  • Special Situations 8-1
  • Nonfilers 8-1
  • Collection Concerns 8-1
• Glossary G-1