Accounting Firm in Desert Ridge / Cave Creek, AZ

As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!

Each month or quarter we'll do the following things for you...


These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.

Having us reconcile your account each month allows you to...

  • Identify lost checks, lost deposits and unauthorized wire transactions.
  • Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
  • Detect and prevent embezzlement of funds from within your company.
  • Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
  • Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
  • Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to...

  • Track revenues and expenses so that you can determine the operating performance of your business.
  • Determine what areas of your business are over-budget or under-budget.
  • Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
  • Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
  • Determine your income tax liability.

Balance Sheet

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.

A balance sheet helps you...

  • Quickly get a handle on the financial strength and capabilities of your business.
  • Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
  • Determine if your business is in a position to expand.
  • Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses?
  • Determine if you need to take immediate steps to bolster cash reserves?
  • Determine if your business has been slowing down payables to forestall an inevitable cash shortage?

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

Maintaining a Clean General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having our Desert Ridge / Cave Creek tax accountants review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.

Unlimited Consultations

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.

Contact Paramount Tax & Accounting - Desert Ridge for any Desert Ridge / Cave Creek cpa accounting related questions. We are happy to assist any way we can!

acounting firms Desert Ridge / Cave Creek

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Paramount Tax & Accounting - Desert Ridge tax accountant

Desert Ridge / Cave Creek, AZ tax preparation

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Paramount Tax & Accounting - Desert Ridge tax accountant

Call 602-315-3679 today!

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Dave provides a great service and his advise in invaluable. Using his services has been a great asset to my business
— Erne ENDRNC, Posted August 7th 2023 on google
Dave with Paramount Tax & Accounting has made my bookkeeping/accounting process so much more efficient, timely and informative. Dave thoroughly has explained options available for my business tax opportunities as well as its growth. Dave has communicated effectively to allow me to understand this part of my business. I...
— Royal Aesthetics & Injectables, Posted August 7th 2023 on google
Dave is a pleasure to work with. Very professional and thorough.
— Marty Wolfson, Posted August 3rd 2023 on google
Very knowledgable and great service. Would definitely recommend for tax returns or general tax advice.
— Samuel Tyler, Posted August 2nd 2023 on google
Dave and Amy are professional, courteous and knowledgeable about tax law.
— elayne pace, Posted August 1st 2023 on google
Dave is amazing- took his time and explained everything he was doing to me
— Taylor Palmer, Posted August 1st 2023 on google
Dave and his team have been a huge asset to my growing business. He was very helpful and not only handling the day-to-day accounting but also in providing me tips and insights into ways that I can better structure and conduct my business in order to make the most of my income. He has always been very helpful, responsiv...
— Mark Conway, Posted January 18th 2022 on google
We highly recommend Dave and Paramount Tax & Accounting! They have been instrumental in helping to grow our business and plan for each year. We refer everyone we know here. Thank you Paramount Tax & Accounting!
— North Scottsdale Fit Body Boot Camp, Posted July 27th 2023 on google
The best experience ever, I had been behind 7 years on my taxes, due to an illness. Dave was amazing to get me all caught up. Now I don't owe any taxes. I'm extremely grateful for Paramount services.
— Antoine Dumas, Posted July 27th 2023 on google
I am switching over to Paramount Tax & Accounting
— Philip Murray, Posted July 27th 2023 on google
As a small business owner trying to find the right team to help support your dreams can be a daunting task. So blessed we have Dave to guide us through our accounting structure. He keeps our business expenses in line, highlights missed opportunities and ways to save. Highly recommend his services
— Tecora Jordan, Posted July 26th 2023 on google
Dave made my tax process quick and easy!
— Katie Brecheisen, Posted July 24th 2023 on google
Dave is a fantastic taxtician! Amazing to work with an very knowledgeable about my personal and non-profit needs. Great company!
— Kevin T Merrill, Posted July 24th 2023 on google
I highly recommend Dave Brown with Paramount Tax. Dave displayed an impressive level of expertise and professionalism throughout the process. His attention to detail and thoroughness ensured that I maximized my deductions and saved money. I'm incredibly satisfied with his services and will be returning for all future t...
— James Igbinovia, Posted July 24th 2023 on google
Dave has a level of professionalism and detail to his work that you want in an accountant. He is proactive, rather than reactive, and he always is in contact with his clients. I would recommend Dave to anyone for their taxes.
— Nick Ptak, Posted July 24th 2023 on google
Dave is a invaluable resource to me and my clients. As a wealth manager, we refer him regularly to handle client needs ranging from simple tax needs to complex strategies and accounting. I highly recommend you reach out to Dave for any tax or accounting questions/needs as he is an expert in his field.
— Ted Young, Posted July 24th 2023 on google
Dave is awesome! He's got some great in-depth knowledge of personal and business tax returns and is super helpful with figuring out how to get a good return.
— Ryan Young, Posted July 24th 2023 on google
My fiance and I are trying to buy our first house, Dave helped us get 4 years right with the IRS so we can start moving forward. He accommodated our schedule and the whole process was a lot smoother than I expected, makes me wish we didnt wait so long to do this! So happy with the service he provided and can't say how ...
— Victoria Boutin, Posted June 6th 2023 on google
First time using a professional preparer and had a wonderful experience with Dave Brown! Took the time to answer all my questions, he was very patient with me. He definitely knew what he was doing, and was very organized and efficient. I felt so relieved after leaving his office! I will be returning next year. Worth ev...
— Alicia Barnes, Posted June 4th 2023 on google
Dave did a great job working on my personal return and making sure I got the most money back. Additionally, he was able to fix and correct a previous year issue caused from a mistake by a previous accountant . Would definitely recommend him.
— Jonathan Firouzi, Posted May 15th 2023 on google

Desert Ridge / Cave Creek, AZ Tax Review Free 3-Year Tax Review

We review 3 years back to find errors / missed deductions.

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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 - Desert Ridge, is that our firm utilizes the services of CPAs, EAs, and Attorneys who are distinguished from other finance professionals by stringent qualification and licensing requirements.

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 Accounting firm in Desert Ridge / Cave Creek. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting - Desert Ridge!

Free Consultation 602-315-3679

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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 such as CPAs, EAs and Attorneys, 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 - Desert Ridge a call or visit our tax and accountingbookkeeping firm in Desert Ridge / Cave Creek for a free consultation.

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Why Choose Paramount Tax & Accounting - Desert Ridge?

Desert Ridge / Cave Creek, AZ Tax Services

Through dedication to the three underlying principles of professionalism, responsiveness and quality, Paramount is committed to providing outstanding service to our clients.

Bookkeeping Services in Desert Ridge / Cave Creek

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