IRS audits of higher income taxpayers increase The IRS audited one in eight individuals with incomes over $1
million in fiscal year (FY) 2011. While the overall audit coverage
rate for individuals remained steady at just over one percent, the
a...
Tax gap grows to $450 billion; compliance rate holds steady The "gross tax gap," or the amount of tax owed to the U.S.
government that is not paid on time, climbed from $345 billion in
Tax Year (TY) 2001 to $450 billion in TY 2006, the IRS has
reported. (Be...
TX - Showroom was key to proving taxpayer was a retailer A taxpayer was eligible for the 0.5% rate when calculating its
taxable margin for Texas franchise purposes because, using an SIC
Code Manual analysis, 100% of its revenue was deriv...
Shelton and Van Houten, CPAs, LLP announces the retirement of Garland Shelton effective September 30, 2011. Garland has practiced public accounting for over 40 years. He plans to spend retirement doing what he enjoys…traveling in his motor home with his wife, family and grandkids. We wish him the best.
The Firm, with the new name of Van Houten & Associates, PCwill continue to provide the same quality services together with personal attention to client needs at our current office location.
While offering the timely and comprehensive accounting services necessary to succeed in today's business economy, the Firm of Van Houten & Associates, PC, also seeks to tailor its services individually for each client.
We invite you to learn more about our firm's services here on our web site. Feel free to contact us for any of your tax, accounting, or financial planning needs:
Van Houten & Associates, PC 100 Northwest Drive Round Rock, TX 78664-4250 Phone: 512.310.9277 Facsimile: 512.310.8599 E-mail: info@vhacpa.com
