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!

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
Very professional - I had a great experience.
— Missy Hieb, Posted May 8th 2023 on google
Dave was amazing, very knowledgeable and helpful!
— Barb Honiotes, Posted May 3rd 2023 on google
Dave at Paramount Tax and Accounting is awesome! This was my first year with a small business and he totally helped with the process before filing and during! He did a great job and was patient with all of my questions! I would recommend Dave to anyone I know!
— Amy G., Posted April 14th 2023 on google
Dave is great at what he does! Very knowledgeable and helpful for all your tax and accounting needs! Highly recommend!
— Carrie Tuomala, Posted March 29th 2023 on google
Excellent experience working with Dave. He was very efficient, professional and easy to work with. He provided valuable advice that will make a positive difference for us in future years.
— Jeff Brill, Posted March 28th 2023 on google
Our first experience with Paramount Tax and Accounting. Dave was very professional, efficient and took the time to answer all our questions as new AZ residents. We look forward to working with him in the future and would recommend his services.
— Lori Rourke, Posted March 27th 2023 on google
Dave is absolutely awesome. Super responsive and extremely knowledgeable. He is also quick and proficient 11/10 would recommend.
— Jared Jensen, Posted March 14th 2023 on google
Explained everything well. Very knowledgeable. Great attention to details. Plan to have Dave's help next year.
— Andrew Park, Posted March 14th 2023 on google
Dave was so kind and professional. I am confident in his abilities and thrilled to have 2022 taxes done!!! Thanks Dave
— Margaret Weber, Posted March 10th 2023 on google
I can't say enough great things about Dave and Paramount Tax. Dave was amazing - very professional and helpful on so many levels. You're in good hands with this company.
— Trisha Dumas, Posted January 27th 2023 on google
Dave was amazing! Very thorough and explained the process clearly for myself and my husband.
— Jaclyn Hardon, Posted March 3rd 2023 on google
David is great. He worked on my taxes 2 years in a row now and he does a wonderful job. Thanks again David!
— Glenie Dela Cruz, Posted March 2nd 2023 on google
Started working with Dave this year and he has been super helpful!
— rkryptic, Posted February 24th 2023 on google
Dave was great, helped us with our business and personal taxes!
— Darrell Power, Posted February 22nd 2023 on google
It was super easy and stress-free filing my taxes with Dave this year! He went through all of the information with me to make sure everything was correct and that I understood the process. Zero complaints and will definitely be going back to Dave next year!
— LeeAnn, Posted February 10th 2023 on google
Super friendly and knowledgeable, Paramount provided expert guidance and advice for our family and business interests. We highly recommend Paramount Tax & Accounting.
— Al Townsend, Posted February 2nd 2023 on google
Dave is a great guy super easy to work with knowledgeable he helped me a great deal with my taxes I would recommend him highly!
— Sickpuppy, Posted January 31st 2023 on google
I'd recommend working with Dave Brown. Dave is a perfect fit for our real estate business. He was able to easily navigate the nuance of our small company to make the whole experience easy and financially beneficial.
— Mike Kolbrener, Posted January 18th 2023 on google
I’ve had many accountants over the years, but Dave is by far the best. Great communication,he is a great asset to any business owner.
— Reservations Rockyrental, Posted January 17th 2023 on google

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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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Bookkeeping Services in Desert Ridge / Cave Creek

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