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Professional Tax Preparer Arlington

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 Arlington 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 Arlington

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Hear Why Our Clients Love Us

  • Loan Hồ
    (Translated by Google) Thank you to the company for your charitable work for the elderly and children in Vietnam. (Original) Cám ơn cty đã làm từ thiện cho người già và trẻ em ở việt nam
  • 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. (Original) Cảm ơn Paramount tax and bookkeeping đã làm rất tốt công tác từ thiện
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    (Translated by Google) Thank you to paramount Tax and Bookkeeping for your charitable work in helping people with mental health issues in Vietnam. (Original) Cảm ơn paramount tax and Bookkeeping đã làm thiện nguyện giúp đỡ người bệnh tâm thần ở Việt Nam
  • Tuyến Võ Kim
    (Translated by Google) Thank you to the company for your charitable work for the elderly and children in Vietnam. (Original) Cám ơn cty đã làm từ thiện cho người già và trẻ em ở việt nam
  • Dung Nguyen Tan
    (Translated by Google) Thank you to Paramount Tax and Booking for helping disabled and lonely people. (Original) Cảm ơn công ty Parmount Tax and Bookeeping đã giúp đỡ người tàn tật,neo đơn
  • 22- Lê Đình Triệu
    (Translated by Google) Thank you to Paramount Tax and Booking for your charitable work and for helping children and the elderly in Vietnam. (Original) Cảm ơn công ty Paramount tax and bookepping đã làm thiện nguyện và giúp đỡ trẻ em và người già ở việt nam
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    (Translated by Google) Thank you to Paramount Tax and Bookkeeping for helping elderly people living alone in Vietnam. (Original) Cảm ơn công ty Paramount tax and bookkeeping đã giúp đỡ người già neo đơn tại Việt Nam
  • Among Ớtヅ
    (Translated by Google) Thank you to Paramount Tax and Booking for your charitable work and for helping children and the elderly in Vietnam. (Original) Cảm ơn công ty Paramount tax and bookepping đã làm thiện nguyện và giúp đỡ trẻ em và người già ở việt nam
  • thanh truc duong
    (Translated by Google) Thank you Paramount Tax & Bookkeeping Arlington for donating to help the poor in Vietnam 🍀♥️🌹 (Original) Cảm ơn Paramount Tax & Bookkeeping Arlington đã phát quà từ thiện giúp đỡ người nghèo ở Việt Nam 🍀♥️🌹
  • Cu bin
    (Translated by Google) Thank you to the company Prime Tax and Bookkeeping for their charitable work in Vietnam. (Original) Cam ơn cong ty paramount tax and bookkeeping da lam thien nguyen o Viet Nam
  • Kieu dung Pham thi
    (Translated by Google) Thank you for your company's charitable work in Vietnam. (Original) Cảm ơn công ty đã làm thiện nguyện ở Việt Nam
  • hongkhanh nguyen
    (Translated by Google) Thank you to Prioritize 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
  • Hùng Thái Lê
    (Translated by Google) Thank you to the company for your charitable work for the elderly and children in Vietnam. 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 Thank you to the company for your charitable work for the elderly and children in Vietnam.
  • Michael Trang
    Good for tax preparation and tax planning
  • Vi Ái
    (Translated by Google) Thank you for your volunteer work. (Original) Cám ơn các bạn đã làm thiện nguyện
  • Hanh Nguyen
    they was professional, knowledge , and help the tax process goes smooth and stress-free. I would definitely recommend Paramount Tax service for you.
  • Vickytrin Trum
    Excellent service from Hai and Paramount team! They explained everything clearly ans made the whole tax process easy. I'll definitely come back next year.
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    Good.
  • Amar Bajracharya
    I have known Hai for several years . He is one of hardworking and honest person that I have ever met. He is a trust worthy and reliable person to do with business with. Highly recommended!!!

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

Free Consultation 469-926-3885

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

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Tax Preparing Arlington

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 469-926-3885