Paramount Tax & Accounting Bountiful Blog

The due date for certain entities to provide 2017 health coverage information forms to individuals in 2018 has been extended. Contact Paramount Tax & Accounting Bountiful to learn more about our tax services in Bountiful.

More than half of all businesses today are home-based. Every day, people are striking out and achieving economic and creative independence by turning their skills into dollars. Garages, basements, and attics are being transformed into the corporate headquarters of the newest entrepreneurs--home-based business people. Contact Paramount Tax & Accounting Bountiful to learn more about our small business accounting services in Bountiful.

When you decide to start a business, one of the most important decisions you'll need to make is choosing a business entity. It's a decision that impacts many things--from the amount of taxes you pay to how much paperwork you have to deal with and what type of personal liability you face, and with the passage of the Tax Cuts and Jobs Act of 2017, it's more important than ever to choose the business entity that benefits your business. Contact Paramount Tax & Accounting Bountiful to learn more about our CPA firm in Bountiful.

If you are having trouble paying your debts, it is important to take action sooner rather than later. Doing nothing leads to much larger problems in the future, whether it's a bad credit record or bankruptcy resulting in the loss of assets and even your home. If you're in financial trouble, then here are some steps to take to avoid financial ruin in the future. Contact Paramount Tax & Accounting Bountiful to learn more about our accounting firms in Bountiful.

Small business identity theft is a big business for identity thieves. Just like individuals, businesses may have their identities stolen, and their sensitive information used to open credit card accounts or used to file fraudulent tax refunds for bogus refunds. As such, small business owners should be on guard against a growing wave of identity theft against employers. Contact Paramount Tax & Accounting Bountiful to learn more about our small business accounting services in Bountiful.