Business Incorporation Services in Cottonwood Heights , UT

Thinking of owning your own business?

Opening your own business is exciting and thrilling. It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It's up to you to maintain and stretch out the "thrill and excitement" period forever.

A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. As one of the top AccountingBookkeeping firms in Cottonwood Heights , we help you avoid the common pitfalls that many new small business owners make when starting their new venture.


Our tax accountantsadvisors in Cottonwood Heights help you...

  • Prepare an initial business plan to clarify your marketing, management, and financial plans.
  • Determine your start-up capital needs.
  • Identify sources of start-up capital and backup sources if needed.
  • Evaluate and quantify your borrowing power so you know how much money you can get your hands on if needed.
  • Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate.
  • Select the right accountingbookkeeping software by evaluating your budget, needs and hardware.
  • Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.
  • Establish billing and collection procedures to maximize your cash flow.
  • Establish procedures to monitor and control costs.
  • Setup a home office so you can maximize your tax deductions.
  • Prepare and file all required state and local licenses and permits.
  • Prepare and file your application for your Federal Employer Identification Number.
  • Provide payroll and payroll tax filing when you bring on your first employee.
  • Comply with employment laws so you don't get hit with fines and unhappy employees.
  • Identify your business insurance needs.
  • Develop a solid Partnership Agreement. This is an extremely important document for all new partnerships and will help prevent a tremendous amount of financial and emotional problems down the road.

Let us help you succeed by getting your new business off to a good strong start.

Contact Paramount Tax & Accounting Cottonwood Heights and to see how we can help you succeed by getting your new business off to a good strong start. Please complete the form below to learn more about our New Business Formation Services.

Business Incorporation Cottonwood Heights

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Paramount Tax & Accounting Cottonwood Heights tax accountant

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He is quick to answer questions, very helpful and knowledgeable! He has been doing my personal and biz taxes for years and will never use anyone else! Highly recommend Joshua!
— Kariann Rugg, Posted October 23rd 2018 on google
Outstanding service! I’ve been using Paramount Tax & Accounting for the past three years, and they continue to exceed my expectations. Their expertise, professionalism, and friendly approach make the entire process seamless. The team is always courteous, knowledgeable, and genuinely committed to helping their clients...
— K G, Posted January 15th 2025 on google
I appreciate the work Taylor did helping me get my business and personal taxes done that - worth it to have it done right. I appreciate the electronic reminders to get the my documents submitted. I like being able to upload it ahead of our meeting so that we can spend more time strategizing instead of fumbling through ...
— Brook Langston, Posted December 6th 2018 on google
Always excellent service. I've been working with Josh for six years and I have nothing but praise for his expertise, efficiency, and the great returns he gets on my taxes.
— Meira Leonard, Posted February 27th 2025 on google
Paramount tax is incredible! Their system is efficient, easy to work with, and their team (shoutout to Chris and Josh) is always reliable. Highly recommended!
— Pablo Riboldi, Posted February 24th 2025 on google
Paramount Tax and Accounting has been a great find for handling my tax needs. Both business and personal. Thanks Josh and Taylor 👍
— George Michael, Posted September 16th 2020 on google
They always do a great job for me! Highly recommended!
— Nancy Blum, Posted February 21st 2024 on google
Super personable and helpful! We are excited to be doing business with them and learning the best avenues for preparing our personal business taxes as well as our personal ones too plus some better budgeting techniques too!
— Chanda, Posted December 10th 2024 on google
Meeting with Paramount Tax and Accounting was a great experience. They answered all my questions, helped me plan for this and next year‘s taxes and shared additional information that I was not aware of! Highly recommend them.
— Vista View, Posted October 8th 2024 on google
Great experience & good knowledgable people to help the people (me) that do not understand tax jargon.
— Leila Salari, Posted April 9th 2024 on google
WE just had our initial meeting with Josh and Taylor @ Paramount Tax and Acctg' offices. We were very impressed. Every detail of our initial phone inquiry, meeting request, reminders and the actual meeting were prompt, professional and instill a sense of trust and confidence that Paramount is a good fit for our family.
— Jeffrey Kuhn, Posted March 10th 2024 on google
This is our third year using Paramount Tax and we have had a great experience every time. Lincoln helped us this year and he was fantastic. Great customer service, knowledgeable and quick. They answered all our new business questions and guided us on tips for next year. Great company! We’ll be using them again next y...
— Shannon Young, Posted March 9th 2024 on google
Great experience working with these guys. They do an excellent job!
— Matthew Wiley, Posted March 8th 2024 on google
good service : )
— Debora Myers, Posted March 8th 2024 on google
GO HERE, and you'll never go anywhere else ! Our needs are a bit more complex than your average 1040. Our previously trusted preparer's company was purchased and the new change resulted in us SEARCHING for a better experience. Taylor and Josh (Paramount Tax) made this years returns preparation something I'm looking ...
— Joe Wood, Posted March 7th 2024 on google
Paramount has done a fantastic job with my taxes the past few years! Lincoln and James Kim we're both very knowledgable and helpful.
— Bradley Stern, Posted February 21st 2024 on google
Truly the best experience. Josh and his team really know their stuff and are insanely organized. They've been taking care of my business taxes for years. I highly recommend!
— Lilly and Iris, Posted February 19th 2024 on google
Josh and his team are amazing! Very quick to process taxes, very knowledgeable about all tax-related questions, and very thorough in explaining all details on returns. Have used these guys since I started filing a return as an American living abroad a few years ago, and now using them for the business that I started as...
— A Google User, Posted February 12th 2024 on google
Josh’s team have always treated me well for personal and business taxes.
— Sam Despres, Posted February 8th 2024 on google
Josh always takes great care of me and my biz!
— erica bee, Posted February 7th 2024 on google
Cottonwood Heights , UT Tax Review

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

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

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Why Choose Paramount Tax & Accounting Cottonwood Heights?

Cottonwood Heights , UT Tax Services

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