IFTA Audits
I have a client that has been notified of an IFTA (International Fuel Tax Agreement) audit for 2001, 2002 and 2003. I have never been part of audit like this before. If anyone else has could you give me a little help as to what to expect.
Also my client has found a silly error in 2001 information. Does anyone know the possible penalties related to such an audit.
Re: IFTA Audits
The client brought me everything yesterday do I could finally review. She was right in calling it a silly error. It seems that he is the excitable type and was worried over a math error that is in his favor.