View Single Post
Old 03-21-2012, 07:25 AM
Richard Martin's Avatar
Richard Martin Richard Martin is offline
LawnSite Fanatic
Join Date: Mar 2000
Location: Greenville, NC
Posts: 14,707
Originally Posted by TLS View Post
I have heard the home office is often a high abuse area that they look into, but have never heard the credit for tax on fuel being a red flag item?
The offroad fuel tax credit makes the IRS' Dirty Dozen. The IRS complies its list of the most egregious schemes that it has on its radar for the year. The offroad fuel tax credit is on that list this year. I'm not saying to not use it. Just be aware that use of it will increase your chances of being audited.

Reply With Quote
Page generated in 0.04186 seconds with 8 queries