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The Laundromat Industry

IRS Audit Techniques Guide

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Water consumption analysis serves as a practical method for estimating laundromat revenue and validating owners' gross receipts during business sales. While industry specialists recognize its utility, critiques focus on aspects like water waste and per-load usage, rather than the core methodology itself. The analysis is not a standalone solution; it must be complemented by thorough record examination and income inquiries to ensure accuracy and comprehensiveness in evaluating a laundromat's financial performance.

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The Laundromat Industry, Internal Revenue Service

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Released
2013
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