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Total Income Tax, Inc.



Total Income Tax is a medium-sized accounting and income tax preparations firm with its headquarters at 1425 West Forest Hill in Peoria, IL. Total Income Tax is “A Sharpe Family Business” — the Sharpe family has been helping central Illinois residents with their taxes for over 50 years, doing business as Total Income Tax since 2005. In 2009, Total Income Tax prepared over 3,000 income tax returns! You can find out more about Total Income Tax on this website using the menu of topics at left, or for late filers, Total Income Tax also offers http://www.late1040.com

Bill SharpeBill Sharpe, CEO

“The Dean of Tax Preparation” Bill Sharpe has been helping central Illinois residents with their taxes for 50 years. A dynamic business personality, Bill has introduced many innovations to the tax refund business and has built Total Income Tax as the ideal tax preparation partner for all tax payers, both large and small.

Currently while many local firms are no longer able to offer Refund Anticipation Loans, Total Income Tax has worked diligently to be able to continue to provide its clients with the LARGEST number of refund and loan options.

William Sharpe William Sharpe, President

As President of Total Income Tax & Accounting, William is responsible for the accuracy of financial transactions within his company, as well as with his diverse client base. An additional responsibility is the management of over 25 employees during peak business months.

William currently serves as the Treasurer for the Peoria Opportunities Foundation, which is an organization that strives to place homeless people in a safe living environment. He is an active volunteer for Heart of Illinois Big Brothers Big Sisters and Impact Peoria. William is also a member of The Peoria Young Professionals Organization. William is married to wife Lori, who works with William at Total Income Tax throughout the tax season. They welcomed their first child, Lucy on June 19, 2009.

Joseph Sharpe Joseph Sharpe, Vice President

Joseph heads up the Sharpe Payroll Service. With a master’s degree in accounting and his CPA, Joseph brings “Big Four” Accountant Firm expertise to a small company environment.

After graduating from high school in 2001, Joseph served his country for four years as a Marine, including two tours of duty in Operation Iraqi Freedom during 2003 and 2004, where he earned the Purple Heart during his second tour. Joseph was stationed at Camp Pendleton while in the U.S. In December 2008, Joseph graduated from Bradley University, simultaneously earning his bachelors and masters of accountancy.

After earning his CPA designation, Joseph then worked for PricewaterhouseCoopers as an Assurance Associate for two years. During that time, Joseph was also elected Commander of the AMVETS Post64 in Peoria — his Post boasts the highest membership of any Illinois AMVETS. He is now serving his second 1-year term as commander of this all-volunteer organization, which describes its mission as “veterans serving veterans and the community.”

Deborah Sharpe, Tax Manager

Deborah was born and raised in Peoria, Illinois. She has been preparing tax returns since 1985. In 2005, she personally prepared 986 tax returns during the filing season. Her expertise is preparing 1040 tax returns. Deborah is also well versed in the area of payroll processing. As an employee of Sharp Payroll, she has been involved with complicated employment security issues and allocation of wages and payroll tax issues. As a service to both Total Income Tax and Sharp Payroll Service, she also prepares 1099-MISC’s for its subcontractors and 1099-INT and DIV’s for our estates and corporations.

Deborah also sets up and maintains the record book for corporations. This includes the initial corporate application, by-laws, filing annual reports, maintaining annual minutes, issuing stock certificates, reinstatements, change of registered agents, county filings, and much more.


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