About

Our Mission

Let us show you the difference a little diligence, integrity and compassion makes!

Our clients are pleasantly surprised to discover that we operate differently. Diligence, integrity and compassion are all a very important part of the Phillips Tax Service mission.

Tax prep and business services

Stress-Free Tax Preparation

We structure our business around your convenience. During tax season, we offer flexible booking of tax appointments Monday through Friday from 9 a.m. to 8 p.m. and Saturday from 9 a.m. to 5 p.m. Phillips Tax Service uses the best tax preparation software along with current tax law updates for our preparers. We also offer electronic filing products. In addition, our staff is trained in the preparation of special state forms such as the Circuit Breaker and Property Tax Assessment Freeze Forms. And if you receive a notice or bill about a return we prepare, we will correspond with the IRS on your behalf.

Our Services

We customize our tax services based on our clients’ needs. Our client base includes individuals, small businesses, corporations, and non-profit organizations throughout Central Illinois, including the areas surrounding Pekin, Peoria, Morton. We offer a full line of taxes and bookkeeping services.

We can help with tax planning, tax preparation, and business needs such as:

  • Quickbooks purchases, training & review
  • Issuing payroll checks
  • Preparing quarterly payroll reports
  • Basic bookkeeping

If we can’t help you, we will help you find someone who can.

Schedule an Appointment

Pat & Peg Phillips

History

Proudly Serving Central Illinois for More Than 50 Years!

Phillips Tax Service was founded in 1975 by Pat Phillips and was operated as a family business with Pat's husband, Whitey, working there during the busy tax seasons.

Pat's philosophy of diligence, integrity and compassion has become the motto of Phillips Tax Service. Pat & Whitey’s daughter Peg graduated from the University of Illinois with high honors in accounting and passed the CPA exam in 1989. She was employed by Arthur Andersen for several years until moving back to Pekin to join her family's business.

Peg Phillips, CPA

Peg is also a writer and editor for the University of Illinois Tax School. Each year the Tax School develops and publishes the University of Illinois Federal Tax Workbook for use in continuing education seminars designed for tax practitioners. Peg has been writing for the program since 2003.

“Peg is a highly valued member of the writing and editing team at the University of Illinois Tax School. Peg embodies her firm’s motto of Diligence, Integrity, and Compassion in her work with the University of Illinois Tax School as well as in her own practice and her relationships with others.”

Carolyn Schimpler, CPA
Carolyn Schimpler, CPA
Retired Editor & Assistant Director, Tax Materials
University of Illinois Tax School

Location

Phillips Tax Service

293 Herman Street
Pekin, IL 61554

(309) 346-9688

Personal Taxes

Put our knowledge and experience to work for you and get all possible deductions and credits that you are entitled to under the law.

Business Taxes

From small businesses and LLCs to C-Corporations and S-Corporations, we have the experience to navigate the complicated process of business tax filing.

Business Services

Streamline your operations and take the burden off your team with our accounting, bookkeeping, and payroll services.