Paramount Tax Blog

With more than 6,800 pages of US tax code, it can be hard to decipher whether your small business qualifies for a tax refund. It’s complicated. It’s a headache. It’s something that makes you grimace each year. But, if you end up with a nice tax return when you’re finished, it’s a great chance to invest in your business, your employees and your future.

In this blog, we will discuss the critical differences that small business owners and independent contractors must know to file taxes for non-employees correctly. For more assistance with filing small business taxes, contact Paramount.

Deciding the best way to use your refund can be difficult when you have multiple financial responsibilities. Whether you want to pay off debt, plan for the future, or indulge in a well-deserved treat, here are eight suggestions to help you make the most of your tax refund, brought to you by the experts at Paramount!

Summer is a season of sunshine, vacations, and relaxation, but for small business owners, it can be a challenging time. With employees taking time off and potential slowdowns in sales, small business owners need to be proactive in their accounting practices to ensure they remain financially stable.

Spring is the perfect time to clean and organize not just your home but also your bookkeeping system. At Paramount Tax, we understand how essential it is for small business owners to have an efficient and organized bookkeeping system. If your bookkeeping is a mess at the beginning of the year, here are six tips on how to spring-clean your bookkeeping system to set you up for simple success.