Paramount Tax & Accounting Annapolis - Change Hablamos Español
410-562-5832 Call 410-562-5832 Contact Schedule

C-Corp Tax Returns Tax Preparation in Annapolis

A C Corporation is a legal structure for business that sets up a legal entity which is taxed separately from owners and shareholders. A common structure for many large corporations, a c corp has different advantages than that of an S corp or LLC.

Benefits of C Corporation

  • Lower risk of audit.
  • Owners and shareholders face limited liability.
  • No restrictions on shareholding.
  • Easily transferable funds.
  • Additional tax benefits and deductions.
  • Ability to offer stock options.

How Are C Corporations Taxed?

Since a C corporation is considered a legal entity in and of itself, taxes must be paid on the income earned by the corporation. This can lead to the issue of double taxation for shareholders and owners, as they are also subject to taxation on their earnings from the C corporation. However, there are ways to minimize and even completely avoid double taxation. It's best to rely on the assistance of a professional accountantbookkeeper and tax advisor when handling C corporation taxes in order to ensure your corporation and all shareholders are receiving maximum benefits.

Because there are various options for minimizing double taxation, the IRS carefully scrutinizes the financial operations of c corporations. Attempting to handle c corporation taxes on your own could put you at risk of suspicion by the IRS. The talented, professional accountantsbookkeepers of Paramount Tax can assist you in both tax preparation and planning your c corporation.

Tax Advisors in Annapolis

Don't wait until the last minute to pull your finances together for C corporation tax filing. Without the help of a professional, it can be a long and arduous process. The Annapolis tax advisors of Paramount Tax are ready to assist you. Contact us today to schedule a consultation.

Annapolis tax advisors

Request Appointment Now!

Texting Terms and Conditions

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

Free Consultation 410-562-5832

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 Annapolis a call or visit our tax and accountingbookkeeping firm in Annapolis for a free consultation.

Individual Tax Preparation Business Tax Preparation

John Kinney is knowledgeable, comprehensive and very professional. He did my taxes this year and I am very pleased with the caliber of his work. He is very personable and takes the anxiety out of doing taxes. Definitely a top notch accountant
— Lois Burton, Posted March 13th 2023 on google
It was amazing working with Mr. John Kinney on my tax returns. Very professional, fast, and detail-oriented.
— Rithy Um, Posted January 25th 2024 on google
John, is knowledgeable, reliable, and professional in the way conducts business. I highly recommend him!
— James Bray, Posted October 20th 2023 on google
Very nice to deal with and very professional.
— Steve Preston, Posted October 16th 2023 on google
I recently had a tax situation that John was able to resolve with his skilled knowledge of accounting. I would highly recommend his services.
— margaret ross, Posted October 8th 2023 on google
I highly recommend John for all of your tax and accounting needs. He is knowledgeable, experienced and a pleasure to work with. You will not be disappointed!
— Pamela Lowe, Posted October 6th 2023 on google
John is an amazing professional, caring, and an excellent accountant!
— Ruth Conrad, Posted October 6th 2023 on google
Very knowledgeable and professional
— Cory Teason, Posted October 6th 2023 on google
Taxes were done on time with a nice refund!
— Kelly Capo, Posted October 6th 2023 on google
John has been my tax preparer for over 20 years. The tax returns he prepared for me have always been accurate and provided the maximum dollars returned. The returns have stood up to audit scrutiny without any concerns noted.
— William Stearns, Posted October 5th 2023 on google
John has been helping me with my income taxes for over 15 years. I own rental properties which makes it more complicated for tax preparation purposes. John is very knowledgeable, professional, and always on time. I highly recommend his services.
— Lana Taylor, Posted October 5th 2023 on google
I see John about once a year for over five years now, and I am never disappointed. He is always very enthusiastic and puts me right at ease. Thank you John!
— Amber Litchfield, Posted October 5th 2023 on google
We were extremely pleased with the service John provided and very happy we left our last firm who was a mess. If you are looking for accounting services in annapolis I highly recommend.
— Carlos Contreras, Posted October 4th 2023 on google
Tax Accountant John Kinney served us exceptionally well…… Cindy and I came to John with somewhat of a dilemma on our hands, as we had sold a home and with our pedestrian experience concluded we OWED in the amount of about 30,000. We then tried to contact a Tax Accountant in an Annapolis and John Kinney offered ...
— CaetanoDeJesus, Posted July 13th 2023 on google
My husband and I were very pleased with our experience with Paramount Tax & Accounting in Annapolis. John Kinney was professional and prompt responding to any questions or emails. We recommend him to anyone who does not feel comfortable doing their own taxes!
— Molly Estabrook, Posted April 6th 2023 on google
John is awesome! I really enjoy working with him! He is so knowledgeable about personal finances, business finance and all things tax related. If you are looking for a good honest and helpful tax specialist in the Annapolis area I recommend Paranormal Tax Annapolis.
— Hailey Valentine, Posted February 27th 2023 on google
I contacted John Kinney to review my current and future income tax planning. John was prompt in responding, knowledgeable of the subject matter, and could not have been more helpful in his review. Thank you John.
— Ron L., Posted February 26th 2023 on google
These guys continue to be on the cutting edge of the Accounting and Tax preparation world. You will be in great hands with John Kinney!
— Todd May, Posted February 10th 2023 on google
Thanks to John for a great experience!
— Ailsa Lillywhite, Posted February 9th 2023 on google
Had a great experience doing our taxes at Paramount! They were so helpful and informative, they made filing our taxes a breeze! I would highly recommend!
— Brittany Knaphus, Posted February 9th 2023 on google