$1 Million Tax Audit Protection 

Professional Tax Preparer Addison / Dallas

With the availability of do it yourself tax software, many are left wondering if hiring a tax preparer or purchasing the software is the right option for them. Every situation is different and everyone's taxes are unique. Some may feel secure enough in their knowledge of taxes, deductions and numbers to use the software while others find the very idea of taxes daunting and overwhelming. However, there are a few factors that can complicate taxes and deductions. As a general rule of thumb, if you have any of the following situations, hiring a tax preparer in Addison / Dallas will ensure that you do not miss a single deduction or render yourself liable to audits.


  • Business Owner- Owning a business, big or small, comes with numerous complex tax rules and elections that you may want to discuss with a professional. There are several ways to write off business expenses and a tax preparer will not only be able to assist with your current taxes, but will be able to advise you on the best possible solutions to maximize deductions in the future.
  • Major Life Event- Major changes during a tax year will affect how you file, these can include buying or selling a home, buying or selling a business, inheritance, adoption, divorce, death of spouse of dependant, etc. There are certain rules that apply to each unique situation that can be more difficult to navigate without a professionals help.
  • Multi-state Residency or Employment- Living in one state and working in another, or moving states mid year can present some challenges with state income tax. A tax professional will help you iron out the wrinkles and will help navigate the allocation and residency issues that can arise in living or working in multiple states.
  • Foreign Assets- If you have assets in any foreign country the IRS requires that you report it. There are special forms to file as well as deductions for any eligible expenses they incur. A tax preparer will be able to accurately calculate exchange rates as well as advise on all of the red tape that comes with foreign assets.
  • Mistakes on Previous Taxes- If you have made mistakes on your tax returns, you have three years to amend them, minimizing the damage. A professional tax preparer can help correct and file an amended tax return before major consequences occur.

Tax Preparing Addison / Dallas

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Hear Why Our Clients Love Us

  • Thanh Vũ Lê
    (Translated by Google) Thank you Paramount Tax and Bookkeeping for your charitable work for the elderly and children in Vietnam. (Original) Cảm ơn Paramount tax and bookkeeping đã làm thiện nguyện cho người già và trẻ em ở Việt Nam
  • Lien Truong Bich
    (Translated by Google) Thank you Paramount Tax and Bookkeeping for your excellent charitable work for the elderly and children in Vietnam. (Original) Cảm ơn Paramount tax and bookkeeping đã làm rất tốt công tác từ thiện cho người già và trẻ em ở Việt Nam
  • Tuyến Võ Kim
    (Translated by Google) Thank you to the company for your charitable work in Vietnam. (Original) Cám ơn công ty đã làm thiện nguyện ở Việt Nam
  • Dung Nguyen Tan
    (Translated by Google) Thank you to Prime Tax and Bookkeeping for your charitable work in helping the elderly, the needy, and the disabled in Vietnam. (Original) Cảm ơn công ty paramount tax and bookkeeping đã làm thiện nguyện giúp đỡ người già và người khó khăn, tàn tật ở Việt Nam
  • hongkhanh nguyen
    (Translated by Google) Thank you to Prime Tax & Bookkeeping for your charitable work in Vietnam. (Original) Cảm ơn công ty paramount tax &bookkeeping đã làm thiện nguyện ở Việt Nam
  • Kieu dung Pham thi
    (Translated by Google) Thank you to Paramount Tax and Bookkeeping for your charitable work in Vietnam. (Original) Cảm ơn công ty Paramount tax and Bookkeeping đã làm thiện nguyện ở Việt Nam
  • Thọ Lê
    (Translated by Google) Thank you to the company for your charitable work for the elderly and children in Vietnam. (Original) Cảm ơn công ty vì đã làm từ thiện cho người già và trẻ em ở Việt Nam
  • Hồng Nguyên
    (Translated by Google) Thank you to the company for your charitable work for the elderly and children in Vietnam. (Original) Cảm ơn cty vì đã làm từ thiện cho ng già và trẻ e ở Việt Nam
  • Tish Colon
    I had an excellent experience with their services. The staff explained deductions clearly to help me be return. Highly recommend for someone who wants to be stress-free.
  • Ethan Pham
    High recommed
  • Dung Tran
    (Translated by Google) Thank you to the company for helping the priests and nuns. (Original) Cảm ơn công ty giúp đỡ cho các Cha và các Sơ
  • Năm Võ Thị
    (Translated by Google) The company does good charitable work. (Original) Công ty làm thiện nguyện tốt
  • Mai Huynh
    If you want a partner who genuinely cares about optimizing your financial picture, this is the team to trust. Their professionalism, attention to detail, and strategic mindset make them stand out in a crowded field. I feel more confident about my finances than ever.
  • Angel Rosas
    They are fast, reliable, and easy to work with. I recommend their services 100%!
  • Nghia Truong
    (Translated by Google) Thank you to the Paramount Group for coming to Vietnam to volunteer. (Original) Cám ơn Nhóm Paramount đã về làm thiện nguyện ở Viêtnam
  • SKN Cultural Services
    Reasonable price, very professional and trustworthy.
  • Tuyet Mai
    Excellent service and very professional team!
  • Ziep Nguyen
    Great work ! Very professional - get the job well done.
  • Vu Le
    They explained everything clearly and simply, Fast, reliable and easy to work ưith
  • melissa
    Amazing service. You can tell they truly care about their clients.

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 & Bookkeeping Addison, 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 Addison / Dallas. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Bookkeeping Addison!

Free Consultation 945-267-5355

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 & Bookkeeping Addison a call or visit our tax and accountingbookkeeping firm in Addison / Dallas for a free consultation.

Individual Tax Preparation Business Tax Preparation

Tax Preparing Addison / Dallas

Amendments

It is not uncommon to come across a significant deduction or error that was overlooked when you filed taxes. When this happens, the Internal Revenue Service allows you the opportunity to retroactively amend your taxes to rectify such errors. Whether you received a revised 1099, overlooked a sizable charity deduction, or even miscalculated your mortgage interest, amending your tax return can help you recover the money you are rightfully owed.

At Paramount Tax and AccountingBookkeeping, we not only help you amend your taxes, but also:

  • Calculate your estimated refund
  • Identify reasons (if any) NOT to amend
  • Determine the timing of filing an amendment
  • Determine whether amending your taxes is worth the time and investment

Although there are no requirements or penalties for not filing an amendment, our tax return specialists at Paramount Tax & AccountingBookkeeping can help you best understand.

Free Consultation 945-267-5355