a good source of news

Top of the News

IRS Releases The “Dirty Dozen” Tax Scams for 2014; Identiry Theft, Phone Scams Lead List

The Internal Revenue Service today issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud.

Tax Considerations 2013

   Click Here to Download the PDF   The followings are articles regarding tax law changes and are categorized in: Individual Income Tax Provisions Education Trust, Estate and Decendent Income Tax Estate, Gift and Generation-Skipping Transfer Taxes Business Provisions Conclusion Summary

Tax Relief Act 2012

The followings are articles regarding tax law changes due to the Tax Relief Act 2012 and are categorized in: Individual Income Tax Provisions Education Trust, Estate and Decedent Income Tax Estate, Gift, and Generation-Skipping Transfer Taxes Business Provisions

The New Medicare Taxes

The Health Care Reform Legislation enacted in 2010 significantly broadens the Medicare tax base for higher-income taxpayers by enacting two new taxes.  Beginning in 2013, higher-income taxpayers will be subject to an additional 0.9% tax on earned income and a new 3.8% tax on investment income.

Let our team support you.

At Peter Shannon & Co., we use a team approach to ensure our clients receive personal attention. Our passion for personal service and our knowledge of professional expertise distinguishes us among other service providers. We believe we can help our clients run their firms in the most efficient, cost-effective manner.

Our goal is to offer a comprehensive range of services carried out by a team of committed professionals with years of experience.