Employee Security Department Targets Staffing Firms for Audits in 2011. Learn how businesses are selected and what you can expect if you are chosen for an audit.

1. Audits-Employment Staffing Industry Unemployment Insurance TaxApril 26, 2011Presenters: Gerrit Eades and Lael Byington 1

3. When your industry is scheduled to be audited

4. What to expect if selected

5. What records will be reviewed

6. What we look for during an audit

7. What you can expect after the audit

9. Assigned based on internal and external agency referrals

10. Selected randomly across all industries

11. Requested by Tax Specialist

13. Identified the industries more likely to have unreported wages

15. Employers will be selectedfor audits in June 2011

17. Notifies employers of our intent to audit within the specific industry

18. Provides answers to frequently asked questions

22. The time period covered in the audit

24. Independent contractors meetstate requirements

25. Records complywith state lawspertaining to employment

27. All check registers covering payroll and general disbursements

28. Disbursement and petty cash records

30. 1099 and 1096 forms

31. IRS Forms: Federal Unemployment Tax (940)

32. Social Security (941)

33. 1040 Schedule C, F, or H

35. Corporate Tax Return (1120’s)

37. State and federal registration numbers

39. Inform the employer of the payment due date

40. Discuss payment options

42. Audit findings

43. Amount due (including penalties and interest)

44. Adjustments made to the account

47. A voluntary audit is conductedthe same as a mandatory audit.

49. When your industry is scheduled to be audited

50. What to expect if selected

51. What records will be reviewed

52. What we look for during an audit

53. What you can expect after the audit