$1 Million Tax Audit Protection 

Tax Preparation

We are one of the leading full service tax preparation accountingbookkeeping firms in Fredericksburg. 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 Fredericksburg, 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 Fredericksburg. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting Fredericksburg!

Free Consultation 540-395-2090

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 Fredericksburg a call or visit our tax and accountingbookkeeping firm in Fredericksburg 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 540-395-2090

Highly recommend this place for anything financial related services!
— Ethenrae Antonio, Posted December 3rd 2025 on google
Paramount tax was tremendously knowledgeable and professional. I would highly recommend their services and would use them again in the future.
— TIMOTHY VOZZOLA, Posted December 3rd 2025 on google
Jeff did an amazing job at helping me achieve financial peace! Would recommend his services to anyone.
— Juliana Johnson, Posted December 1st 2025 on google
Jeff is experienced and very professional
— Martin Ward, Posted November 27th 2025 on google
Jeff is a knowledgeable and friendly tax professional.
— Gunnar Barron, Posted November 27th 2025 on google
Jeff brings years of tax knowledge and experience. Super customer service oriented and very professional. Jeff will free up your time to do something else besides filing your own return.
— Patrice Summers, Posted November 26th 2025 on google
He is very professional.
— Ariel Diaz, Posted November 25th 2025 on google
Great experience, professional and accurate assistance. Local business tax guidance which you can't find every where. Friendly and knowledgeable staff with prompt service.
— P.A. Giovanetti-Quaranto, Posted November 24th 2025 on google
Jeff is exceptional to work with. He not only understands the law and thoroughly explains details and requirements, but also gave great advice on actions we should take. He is most highly recommended.
— Dan Erndle, Posted November 23rd 2025 on google
Jeff is the first person I would contact with any tax issues since I know he is a man of integrity and knowledgeable of tax regulations and requirements. Jeff has a pleasant personality and is approachable.
— Dorothy Ward, Posted November 20th 2025 on google
Jeff has been tremendous to work with and extremely knowledgeable and professional. I would highly recommend. You're in great hands with Jeff and Paramount Tax and Accounting.
— Scott Witter, Posted November 20th 2025 on google
Jeff has great knowledge and is a wonderful help. He is attentive and knows how to make tax questions less complicated. Call Jeff today!
— Troy Thomas, Posted November 20th 2025 on google
I have had a pleasure of knowing Jeff for many years. He is a person of high integrity, very responsible, kind and patient. It is always a pleasure communicating and doing business with Jeff.
— Tatyana Ganeyeva, Posted November 19th 2025 on google
Great tax service, knowledgeable with business and personal tax filings at the federal, state and local level. Friendly and easy to work with. Highly recommended.
— JC, Posted November 19th 2025 on google
Jeff has had years of experience and it shows. He has helped me on multiple occasions and I am always so grateful for his knowledge.
— Autumn Raack, Posted November 19th 2025 on google
I recently contacted Jeff and we set up a zoom call to have him answer a few questions I had about taxes and tax strategy. He gave me good advice and shared things I was not aware of. He was able to simplify and help me understand my tax situation in a whole new light. He is kind, easy to talk with and knows tax strate...
— Darrell Judkins, Posted November 19th 2025 on google
Jeff brings years of tax experience to the table. He can help you solve your tax problem!
— Trip von Minden, Posted November 19th 2025 on google
I worked with Jeff for 15 years at the IRS and was a witness to his extensive tax knowledge. Jeff always provided support if needed and was dedicated to his position. As a client please know you will be in good hands.
— Naomi Gordon, Posted November 19th 2025 on google
Great customer service. Worth every penny!
— Melissa Smith, Posted November 19th 2025 on google
Mr. Flagg was willing to listen and give good advice.
— Pat Weinhardt, Posted November 19th 2025 on google