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...
CA - Independent contractor withholding webinar announced The California Franchise Tax Board (FTB) is holding a free webinar
on December 20, 2011, at 10 a.m. PST, for those who must withhold
personal income tax on California source income...
Global Expertise, Local Excellence
Jones, Schiller & Co., LLP was formed in the early 1950's by John B. Jones and Melvin A. Schiller to provide accounting and income tax services for closely-held companies and their owners. Over the years, the company has grown to a full service accounting firm which provides services to individuals and a variety of industries whose businesses are located throughout the world.
Jones, Schiller & Company maintains two offices in the San Francisco Bay Area.
