Business Tax Returns
Preparation and Advisory

We assist business clients with the preparation of income tax returns and other returns required by Federal and State governments, and offer electronic filing services for income tax returns. We keep current on new tax laws and legislation, and our experienced staff is available year-round to identify tax planning opportunities to minimize your current and future tax liabilities.

Overview

Peter Shannon & Co. is committed to helping you realize savings through effective tax planning. We emphasize ongoing tax planning, timely communication and working with you to create a team approach to maximize savings. Frequent communication with your management team and hands-on partner involvement is critical to our ability to be proactive with advice and innovative, timely ideas. Upon request we will schedule tax planning meetings during the year to ensure that you are able to capitalize on any tax-savings opportunities and will be available for consultation on tax issues as they arise.

Tax Planning and Projects

Tax “surprises” can be minimized by proper planning
and projections to minimize the tax burden and cash
flow considerations.

  • Federal Tax Planning – Our clients are kept up-to-date on the latest regulatory and legislative developments, Internal Revenue Service rulings and other critical tax issues.
  • State and Local Taxes – Peter Shannon & Co. tax professionals provide consultation on various state and local tax matters.

Tax Return Preparation

We will prepare federal and state income tax returns and review through our tax software in a timely fashion. Your returns will be e-filed for speedier refunds.

Tax Updates

We provide information and insights on new tax pronouncements, compliance issues and other notable developments relevant to your business throughout the year.