Paramount Tax Blog

Latest news from Paramount Tax & Accounting

What to Know About Income Tax in 2023

Posted on Nov 15th 2022

President Biden signed the Inflation Reduction Act into law in August of 2022. This means various changes will take effect in the 2023 fiscal year, prompting corporations and individuals to review and understand the key changes. Here are a few key takeaways for you to know.

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End of Year Tax Tips

Posted on Oct 17th 2022

Tax planning during the end of the year can have a surprising impact on the amount you have to pay during the upcoming tax season. If you're looking to minimize your tax burden in the spring, start planning now with these end of year tax tips, brought to you by the tax professionals at Paramount!

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Tax Filing Tips for College Students

Posted on Sep 14th 2022

Filing taxes can be a complicated, overwhelming process. But it doesn’t have to be. As a student, there are specific benefits you qualify for that can put money back in your pocket. Here are tips to help make the upcoming tax season easier.

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Tips for Going Paperless with Bookkeeping

Posted on Jul 13th 2022

Thanks to technological tools of the digital age, companies everywhere are deciding to go paperless. Going paperless in accounting can make a big difference in improving your company’s daily operations. Here are a few tips for going paperless with bookkeeping, brought to you by our tax and accounting professionals

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Summer Tax Tips

Posted on Jun 7th 2022

While it may feel like tax season is just barely in the rearview mirror, summertime is a crucial period for making smart choices when it comes to your taxes. Follow our tips to make next year’s tax season easier — and maybe even save some money.

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