HomeMy WebLinkAboutEx 16 Jan 5 2018 TRS Audit Update.pdf"Providing cities with experienced research and auditing services"
January 5, 2018 Audit/Tax Investigation Update - Renton
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TracFone Wireless, Inc. Audit 1 and Audit 2.
On December 8, 2017, TRS sent the following email to the City of Renton:
We discovered that we had revised an earlier methodology for TracFone, one that
did not include the upgraded population estimation method. Fortunately, we had
not sent the one we sent to you to TracFone before the error was discovered. So
this is the correct one attached.
On December 8, 2017, TRS sent the following email to Mr. Ford of TracFone:
Hi Nicholas,
Mr. Edwards pointed out that prepaid is not taxed based on usage, and our
research found that this is a correct assertion. Our estimates did not change
because they were not based on usage, as your company does not track usage
rates, but we wanted to revise our methodology statements to reflect better
understanding in this situation. Attached find the revisions for Renton.
On December 22, 2017, TRS sent the following email to the City of Renton:
Here is the TracFone second audit Statute of Limitations waiver. Remember the
first audit is held by an estimated tax.
You can return it to us with your signature, preferably before the 31st, and we will
keep a copy for our records and send the fully executed one on to TracFone.
On December 22, 2017, TRS received the following email from the City of Renton:
(253) 223-4986 PO Box 608 Spanaway, WA 98387-0608 Crisp@TRS-Integrity.com
000131
"Providing cities with experienced research and auditing services"
January 5, 2018 Audit/Tax Investigation Update - Renton
L L C
TracFone Wireless, Inc. Audit 1 and Audit 2.
On December 8, 2017, TRS sent the following email to the City of Renton:
We discovered that we had revised an earlier methodology for TracFone, one that
did not include the upgraded population estimation method. Fortunately, we had
not sent the one we sent to you to TracFone before the error was discovered. So
this is the correct one attached.
On December 8, 2017, TRS sent the following email to Mr. Ford of TracFone:
Hi Nicholas,
Mr. Edwards pointed out that prepaid is not taxed based on usage, and our
research found that this is a correct assertion. Our estimates did not change
because they were not based on usage, as your company does not track usage
rates, but we wanted to revise our methodology statements to reflect better
understanding in this situation. Attached find the revisions for Renton.
On December 22, 2017, TRS sent the following email to the City of Renton:
Here is the TracFone second audit Statute of Limitations waiver. Remember the
first audit is held by an estimated tax.
You can return it to us with your signature, preferably before the 31st, and we will
keep a copy for our records and send the fully executed one on to TracFone.
On December 22, 2017, TRS received the following email from the City of Renton:
(253) 223-4986 PO Box 608 Spanaway, WA 98387-0608 Crisp@TRS-Integrity.com
000131
Attached is the signed waiver.
On December 27, 2017, TRS sent the following email to Mr. Ford:
Hope all is well.
Here is a copy of the signed waiver form for the City of Renton.
TRS still has the first audit in a holding pattern awaiting further developments, and will
contact the City of Renton as soon as we believe it is a good time to move forward. We
have found out that TracFone has lost some major court cases in another state concerning
the same issues that we have with this audit.
(253) 223-4986 PO Box 608 Spanaway, WA 98387-0608 Crisp@TRS-Integrity.com
000132
Attached is the signed waiver.
On December 27, 2017, TRS sent the following email to Mr. Ford:
Hope all is well.
Here is a copy of the signed waiver form for the City of Renton.
TRS still has the first audit in a holding pattern awaiting further developments, and will
contact the City of Renton as soon as we believe it is a good time to move forward. We
have found out that TracFone has lost some major court cases in another state concerning
the same issues that we have with this audit.
(253) 223-4986 PO Box 608 Spanaway, WA 98387-0608 Crisp@TRS-Integrity.com
000132
(253) 223-4986 PO Box 608 Spanaway, WA 98387-0608 Crisp@TRS-Integrity.com
000133
(253) 223-4986 PO Box 608 Spanaway, WA 98387-0608 Crisp@TRS-Integrity.com
000133
(253) 223-4986 PO Box 608 Spanaway, WA 98387-0608 Crisp@TRS-Integrity.com
000134
(253) 223-4986 PO Box 608 Spanaway, WA 98387-0608 Crisp@TRS-Integrity.com
000134