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Bookkeeping Services in Lehi, UT

As a small business owner you have more important things to do than to keep your own books. As one of the top tax preparation firms in Lehi you can trust us to expertly manage your books for you, so you can get back to the job of running your business and generating profits!

Each month or quarter we'll do the following things for you...


These tasks form the solid foundation of your small business AccountingBookkeeping system. You can customize the package of Lehi tax services you receive by adding payroll, tax planning, tax preparation, or any of our other services including Quickbooks support .

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, AccountingBookkeeping, and taxes up-to-date.

Having us reconcile your account each month allows you to...

  • Identify lost checks, lost deposits and unauthorized wire transactions.
  • Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
  • Detect and prevent embezzlement of funds from within your company.
  • Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
  • Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
  • Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to...

  • Track revenues and expenses so that you can determine the operating performance of your business.
  • Determine what areas of your business are over-budget or under-budget.
  • Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
  • Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
  • Determine your income tax liability.

Balance Sheet

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.

A balance sheet helps you...

  • Quickly get a handle on the financial strength and capabilities of your business.
  • Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
  • Determine if your business is in a position to expand.
  • Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses?
  • Determine if you need to take immediate steps to bolster cash reserves?
  • Determine if your business has been slowing down payables to forestall an inevitable cash shortage?

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

Maintaining a Clean General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.

Unlimited Consultations

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.

Contact Paramount Tax & Accounting Lehi if you'd like to receive a Free Consultation on our Small Business AccountingBookkeeping Service.

Easy Online Booking

Get started with Paramount for your tax services in Lehi, UT, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Accounting Lehi

Easy Online Booking

Get started with Paramount for your tax services in Lehi, UT, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Accounting Lehi
Request Appointment

Bookkeeping cpa Lehi

Lehi tax preparation

Paramount Tax & Accounting Lehi tax accountant

Paramount Tax & Accounting Lehi specializes in Employee Stock Options


Call 801-753-5767 today!

Quick and painless taxes every year. I wish I could leave a review every time I work with them.
— James Benson, Posted March 26th 2024 on google
We love working with Paramount Tax. They are so helpful and knowledgeable and easy to work with. Lexi did my taxes this morning and she was so kind and patient and thorough and answered all of my questions.
— Jessie Ellertson, Posted March 26th 2024 on google
Sidney is an absolute legend and deserves a raise for her A+ service. We are very impressed.
— Joel Jones, Posted March 23rd 2024 on google
Been going for a couple years now. They are on it. Always treated with professionalism, respect and courtesy. They are very reasonable in pricing and I highly recommend Jeff and Lexi without any hesitation!
— Kristine Jones, Posted February 21st 2023 on google
First time working with them and will be back. They were quick and efficient and knew their stuff and were happy to help me understand options and considerations.
— Rich Kindred, Posted March 22nd 2024 on google
Efficient, friendly, confidence-inspiring
— Diane Empie, Posted March 20th 2024 on google
Fast, friendly, efficient. I've been going to Paramount to get my taxes done for years and I wouldn't even think about going anywhere else!
— Travis Braun, Posted August 3rd 2019 on google
Paramount was very knowledgeable, professional, and pleasant. I recommend them.
— James Mottola, Posted March 18th 2024 on google
Paramount Tax is awesome! They make filing easy and fast! I highly recommend for people with slightly complex tax situations (i.e. schedule C, stock options, etc).
— Stephen Ross, Posted March 18th 2024 on google
I wish I could rate this place 10 stars. Jeff have taken incredible care of me and the many friends and family I’ve sent their way.
— Jackson Haight, Posted March 15th 2024 on google
Lexi and Doug were awesome at helping us not only get our Business and Personal Taxes figured out but their pointers and assistance with our accounting was extremely helpful! So glad we have found you guys! A sincere THANK YOU!
— Jinelle Barrow, Posted March 14th 2023 on google
Great people, very patient with me!
— Kathryn Moore, Posted January 19th 2024 on google
Truly, Paramount is the best of the best! They are so helpful and answer any questions we have had. I have loved working with them for a few years!
— Annie Rawlings, Posted March 9th 2024 on google
This is my first year working with them and it’s been fantastic. Incredibly fast and efficient, kind and helpful, and extremely effective. I’m super thankful I got referred to these fine people!
— Kyle Sipple, Posted March 8th 2024 on google
This is our fourth year with paramount. They are very thorough and helpful.
— Katrina Taylor, Posted March 7th 2024 on google
I couldn't be happier with the service they provided, fast, friendly and professional
— Douglas Yocom, Posted April 11th 2022 on google
Paramount is a fantastic accounting firm to do your taxes! Extremely helpful, knowledgeable, and rapid! Lexi was superb!!
— Joseph Keeler, Posted March 6th 2024 on google
Talena and Jeff were really helpful and double checked everything. I’m glad I chose them for my taxes this year.
— Isaac Lyman, Posted March 5th 2024 on google
Fantastic face to face accounting with great ideas to preserve your money. Everyone I’ve dealt with has been eager to help and often has sold experience to back up their advice.
— Google Account, Posted March 4th 2024 on google
Super friendly and nice people that are very knowledgeable about taxes and helped us get money back that we didn't think we were going to get.
— Jim Barnes, Posted February 29th 2024 on google
Lehi, UT Tax Review

Free 3-Year Tax Review

We review 3 years back to find errors / missed deductions.

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Paramount Experience


Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Accounting Lehi, is that our firm utilizes the services of licensed professionals.

Paramount has worked hard to create relationships to deliver the value that our clients expect. In fact, our goal is to be the No. 1 firm in Lehi. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting Lehi!

Free Consultation 801-753-5767

Upgrade to Tax & AccountingBookkeeping Firm


Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping firm utilizes licensed professionals, who can not only advise individuals on personal financial matters but who are qualified to advise businesses, financial institutions, nonprofit organizations and government agencies on a wide range of financial topics. Our strict standards ensure that we understand the complicated tax laws and how to implement strategies that return the most benefits to individuals and businesses. Give Paramount Tax & Accounting Lehi a call or visit our tax and accountingbookkeeping firm in Lehi for a free consultation.

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Why Choose Paramount Tax & Accounting Lehi?

Lehi, UT Tax Services

Through dedication to the three underlying principles of professionalism, responsiveness and quality, Paramount is committed to providing outstanding service to our clients.

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Paramount Tax is now offering financial and tax franchises across the US!


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