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Tax Preparation

We are one of the leading full service tax preparation accountingbookkeeping firms in Cottonwood Heights . Please choose a tax preparation service below to learn more.

Planning is the key to successfully and legally reducing your tax liability. At Paramount Tax & Accounting, we go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income. Such strategies help you:

  • Grow and preserve assets by keeping Uncle Sam out of your pockets.
  • Defer income so you can keep your money now and pay less taxes later.
  • Reduce taxes on your income so you keep more of what you make.
  • Reduce taxes on your estate so your family keeps more of what you've made.
  • Reduce taxes on your gifts so you can give more.
  • Reduce taxes on your investments so you can grow your wealth faster.
  • Reduce taxes on your retirement distributions so you can retire in style.
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Tax Preparation

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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!

Free Consultation 385-529-0814

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

Individual Tax Preparation Business Tax Preparation

Tax Preparation

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 & accounting can help you best understand.

Free Consultation 385-529-0814

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
They always do a great job for me! Highly recommended!
— Nancy Blum, Posted February 21st 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
about 6 years ago I was facing some serious IRS issues. I had called all around no one helped me, I had left a message with Josh Pyne. He called me back on his lunch break and walked me through everything I needed to do. He literally set me on the right path to rectify all my issues. Here we are 6 years later and I wou...
— Josh Hall, Posted January 10th 2023 on google
Josh is AMAZING. I highly recommend Paramount Tax & Accounting for your Bookkeeping AND Taxes. I am always pleased with his/their services. Thank you Josh!
— Christina Thomas, Posted November 19th 2021 on google
I saw Roy today 9/27/2021. Had not seen a good tax accountant since I last saw Roy at his previous location. So Roy has to do a few amended returns and 2020 return for me. Roy is trustworthy, understood my needs and concerns. So glad I found him once more.
— Theresa Falzone, Posted September 27th 2021 on google
I'm starting a small business and Josh Pyne was able to provide thorough answers to all of my questions. I really look forward to working with them in the future as my business grows!
— Kirsten Tinko Rogers, Posted September 16th 2021 on google
I met with Josh Pyne over Zoom to get some tax advice. I look forward to implementing his tax strategies.
— Trisha Weaver, Posted August 31st 2021 on google
Maggie was amazing!! She was so kind and helpful and helped fix all of our problems. I am switching to paramount tax and accounting from now on and will be asking Maggie for help again in the future.
— Kyle Hall, Posted August 27th 2021 on google
Roy gave me great advice on a financial issue I was having. I feel so relieved after speaking to him. He was very attentive and helpful in my situation.
— Kelly Nieto, Posted August 27th 2021 on google