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Tax Preparation

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

Free Consultation 469-252-8216

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 & Bookkeeping Frisco a call or visit our tax and accountingbookkeeping firm in Frisco 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 469-252-8216

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— Fana Solomon, Posted November 18th 2024 on google
working with Paramount Tax & Bookkeeping Frisco has been a game changer for me. They are friendly, knowledgeable and always ready to answer whenever I have questions. I highly recommend them.
— samuel maina, Posted November 11th 2024 on google
Azeb is a wonderful person with wonderful thoughts and deeds. visit her I am very sure you will be satisfied with her selfless service. Thank you Azeb
— berhane demoz, Posted November 9th 2024 on google
I’ve been using Paramount Tax & Bookkeeping’s services for years and I couldn’t be happier with the results. Their team is professional, knowledgeable, and genuinely dedicated to helping clients succeed financially. Azeb handle all aspects of my bookkeeping accurately and keep my accounts organized, which saves m...
— Eshetu Berhe, Posted November 8th 2024 on google
If you need professional and quality services, I strongly recommend paramount Tx service
— Alem Kidane, Posted November 5th 2024 on google
Azeb has worked with my family and we couldn’t be happier with her work and professionalism. I would recommend her to anyone.
— Nadine chibweth, Posted November 4th 2024 on google
VERY professional and I love the quality of service that they give. My tax preparer, Azeb, constantly stay up to date with new information and any changes to keep. Azeb does this not only during tax season but all year round.
— A M, Posted November 4th 2024 on google
I strongly recommend Paramount Tax service to all of you who are looking for someone caring, charismatic and knowledgeable. Azeb is the right person to help you with your tax return and more. Give her a call and you won’t be disappointed.
— JANETH PAK, Posted November 4th 2024 on google
Great service and friendly people good place to do your tax. The staff very good and good customer service , recommended for everyone. Azeb is knowledgeable and personable.
— Hope Web, Posted November 4th 2024 on google
Azeb is awesome to work with , she very helpful and does work fast . I definitely would come back to her again :)
— Mary Lopez, Posted November 4th 2024 on google
I received the best customer service on my Tax planning. Thank you Azeb!
— Maaza Gg, Posted November 4th 2024 on google
Azeb was attentive and helpful, making my tax experience exceptional. I highly recommend using Paramount Tax – Frisco for your tax preparation and planning services.
— dekisebina dekisebina, Posted October 31st 2024 on google