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The IRS new attack Strategy

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How would you answer these

IRC § 183
Appendix B - Page 54
17 SUGGESTED INTERVIEW QUESTIONS for AUDITORS
    

1.183-2(b)(1) Manner in which the taxpayer carries on the activity 

     1.  When did the taxpayer first include (Schedule C, F. 1120S, 1065, etc.) for tax purposes? 
     2.  What General Industry, what Specialized Niche? 
     3.  Where is business conducted? 
     4. What geographical area? 
     5.  Specific demographic target population? 
     6.  Is the business seasonal on ongoing?
     7.  Did the taxpayer have a Business Plan? 
     8.  Was the Business Plan Followed? 
     9.  How did the taxpayer propose to compete with similar businesses? 
     10. When/how did the idea for the business activity originate? 
     11. Was a Business Plan in Writing? 
12. What were the financial requirements to start the business? 
     13. How were the funds obtained? 
     14. Bank loans, investors, personal savings, family, etc.? 
     15. What documentation is available? 
     16. How is the business currently being financed? 
     17. What financial risks are involved in this type of business? 

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