Accounting Firm in Gilbert, 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 Gilbert 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 Gilbert for any Gilbert tax related questions. We are happy to assist any way we can!

Easy Online Booking

Get started with Paramount for your tax services in Gilbert, AZ, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Accounting Gilbert

Easy Online Booking

Get started with Paramount for your tax services in Gilbert, AZ, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Accounting Gilbert
Request Appointment

acounting firms Gilbert

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Hear Why Our Clients Love Us

  • Marley Burkinshaw
    Such a great help. Super responsive and quick!
  • Quinn Layton
    I had a great experience!!
  • Brenley Layton
    I just finished my first virtual tax appointment! This is my third year using Roy and it keeps getting easier! I’m grateful he takes the time to explain everything and answer all my questions!
  • William Dunford
    Excellent, fast service!
  • Whitney Pennington
    Great experience they got our taxes done quickly and explained everything.
  • Jinelle Barrow
    Lexi and Doug were awesome at helping us not only get our Business and Personal Taxes figured out but their pointers and assistance with our accounting was extremely helpful! So glad we have found you guys! A sincere THANK YOU!
  • Aubrey Barnett
    Quick, easy, very professional. We submitted all our paperwork the night before and they had the taxes complete by the time we went to the office! Great experience! Would recommend them!
  • Carmen
    Clear, straightforward explanations. They helped us get a very manageable tax payment. They do a great job!
  • Logan Martin
    I absolutely love working with Lexi and the whole team at Paramount. I’m never stressed about tax season anymore and I feel like I know what I’m doing.
  • Rob Stanger
    Jeff and team are awesome with our taxes.
  • Lotus Spring Acupuncture & Wellness
    They are great to help you plan for the future and provide solutions for you.
  • Braden Steed
    Paramount is a great company that makes the dreaded tax season a breeze. They are very friendly and not only help you but educate you to help next year be smoother. Highly recommend!
  • Greshma Jackson
    We filed taxes for the first time on our LLC with Braden at Paramount and had a great experience. Braden was professional and helped us save a lot on our taxes this year. Highly recommend this firm and Braden.
  • Derek
    Braden T was awesome saved us a ton of money, very enjoyable to work with.
  • Kelly Christian
    Braden Thompson at Paramount did a spectacular job on my taxes. My only regret is that I didn't go to Paramount and have Braden do my taxes years ago!
  • Graydon Szabo
    Going into this year’s tax return, we were super nervous as this is a process we’re relatively inexperienced with. Amanda did a phenomenal job to help us with our tax return, and was extremely personable, friendly, and outgoing. She went above and beyond to ensure that we had a white glove experience, and was very thorough with her explanations and kept us informed and educated throughout the entire process. Jeff was also incredibly helpful, we will absolutely be coming back. Highly recommend!
  • Connor
    Easy, strategic, fast and great to work with.
  • Janet Eastman
    The people at Paramount Tax have been so kind and shown me what information I need to keep track of and how to be more organized, which has saved me money at tax season! Hooray!
  • Cormac Mceneaney
    Thanks Braden. Efficient and effective.
  • Keoni Duke
    Efficient, Professional, and EXTREMELY knowledgeable. Will continue to use them from now on!
Gilbert, AZ Tax Review

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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 Gilbert, 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 Gilbert. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting Gilbert!

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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, 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 Gilbert a call or visit our tax and accountingbookkeeping firm in Gilbert for a free consultation.

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