Succession Planning and AccountingBookkeeping Firms in Henderson / Boulder City, NV

Succession Planning Services

If you own a family business, retirement isn't simply a matter of deciding not to go into the office anymore. You've got some critical questions to answer like...

"What happens to the business when you're no longer running it?"
"Will you have enough money to retire?"

The family dynamic complicates the whole transition because of the relationships and emotions involved. Most people are not comfortable discussing topics such as aging, death, and financial affairs.

Comfortable or not, succession planning should be a priority for any family business considering that more than seven out of ten family-owned businesses fail to survive the transition from founder to second generation, typically falling prey either to estate taxes or family discord - or both.

Developing and implementing a well-designed succession plan with a Henderson / Boulder City is essential to the survival of a family business from one generation to the next.

A Henderson / Boulder City tax accountant can help you with these key issues -

Keeping it in the family. Are you going to pass the business on to your family or sell it to a third party? We help you weigh the advantages and disadvantages of each of these options.
Who's going to run the business when you're gone? Management and ownership are not one and the same. You may decide to transfer management of your business to just one of your children but transfer equal shares of business ownership to all your children, whether they're actively involved in the business or not.
Minimizing the tax bite. The tax burden when transitioning a family business can be significant. The challenge is that a family business is not generally a liquid asset, but taxes are typically due when ownership is transferred.
Making it fair. Transferring family ownership often adds a tremendous amount of stress to individual family members. We talk with each of the family members to ensure that they feel they a getting an equitable and fair share of the pie.

What we do for you...

Once we understand how you feel about the key issues above, we begin constructing your succession plan focusing on these 5 issues...
Business Valuation
Business Restructuring
Tax Consequences
Retirement Projections
Tax Projections

Contact Paramount Tax & Accounting Henderson / Boulder City if you'd like us to help you pass on what's taken a lifetime to build. We offer free consultations on all of our financial planning and tax services in Henderson / Boulder City.

Henderson / Boulder City tax preparation

Paramount Tax & Accounting Henderson / Boulder City tax accountant

Call 702-757-2080 today!

Request Appointment

Additional Business Services

Can't say enough about Courtenay. First year in Henderson trying to get my taxes done (which is not easy by the way in this town for some reason), and she was incredibly helpful with my questions. Happy with the time she spent helping & the results, and the fee was very fair.

— Randy P., Posted May 9th 2024 on google

Courtney Knows her stuff! I recommend her she's awesome!

— Jamie Nieve, Posted February 13th 2024 on google

Courtney is very professional and pleasant to work with. One of the best tax experts I've ever worked with. Highly recommend.

— Adam McKeown, Posted May 22nd 2023 on google

The best! The service was exceptional! The advice was amazing. Made me feel so welcome. This is the best experience ever.

— Jacob Corella, Posted February 15th 2023 on google

Very professional and exceptional experience. All interactions were professionally managed . Courtney is very detailed, experienced, knowledgeable, and she cares. If you really want dedicated service- I highly recommend Paramount Tax & Accounting.

— schlene peet, Posted November 15th 2022 on google

Courtney Sumpter was very patient and understanding of my tax issues. She is the best for your tax problems!!!😊

— Ericka Baddoh, Posted November 5th 2022 on google

Great accounting firm. Very dependable. Knowledgeable …calls back.. very professional… honest..

— Francie Elia, Posted October 27th 2022 on google

Absolutely recommend this team! I have done my own taxes for over 30 years, volunteered as a tax preparer through the VITA Program for over 5 years and will now never do my own taxes again. I had reached a point of frustration with the IRS and TurboTax (used to electronically file only, did not prep) and ended up 3 yea...

— T Q (Mrs.Hippy), Posted October 5th 2022 on google

When looking for an accountant, I had called around to various accounting firms. Most of them were unwelcoming and wouldn't allow me to have a short consult with the accountant to see if their services were the right fit for me. I feel it's important to speak with them first so I can get a feel if I want to hire them...

— Kim L, Posted August 9th 2022 on google

Carolyn helped us with our taxes this year. She was excellent. She filed an extension for us, worked around our schedule, and answered all the questions we had. She was very professional and got our taxes done quickly. I also like that we could see the screen the entire time she was entering information. I would d...

— Sarah Anderson, Posted June 24th 2022 on google

Yeah Courtney was great! very respectful and kind. answered all my questions thoroughly and left me feeling a sigh of relief knowing that I have all my documentation in order for my tiny business. Really great first impression and will definitely be going to them again for any other tax hurdles I face in the future.

— Cobalt Grande, Posted June 9th 2022 on google

Great service would definitely be back.

— Henry “Money Man2g” Wilson, Posted June 9th 2022 on google

I'm very happy with the service provided by Courtney. She is so professional, nice and a pleasure to talk too. I choose to do business with Paramount tax because of their excellent reviews. Thank you again, Courtney!

— Kittara T, Posted March 7th 2022 on google

Great service and great price for all my mistakes in filing by myself. New to the area, so this is great finding someone who has helped with my tax issues. Thank you!

— DR Dvorak, Posted December 13th 2021 on google

I;M FROM MICHIGAN AND NEEDED TO FILE A RETURN FROM 3 YEARS AGO AND WAS WELL PLEASED WITH HOW VERSED THEY WERE WWITH THE TAX LAWS IN MY STATE. T\HANK YOU

— Kwana McBurrows we as a big, Posted November 9th 2021 on google

Great location… right in the District come see us and we will file an accurate tax return and help you with your accounting needs!

— Courtenay Sumpter, Posted November 3rd 2021 on google

Great experience! Courtenay took the time to truly educate my husband and I on our taxes. We will definitely be going back and highly recommend.

— Brittney Larue, Posted May 7th 2021 on google

Great location in Henderson and exceptional service! This is an addition to Paramount Central and a new location opened for customers convenience like me! I went here because the staff is fabulous. They helped me with back taxes and set up everything. They saved me costs and I received a large refund due to their ...

— Ronald Johnson, Posted February 27th 2021 on google

Free 3-Year Tax Review

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

About Us Contact Us

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

Free Consultation 702-757-2080

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 Henderson / Boulder City a call or visit our tax and accountingbookkeeping firm in Henderson / Boulder City for a free consultation.

Individual Tax Preparation Business Tax Preparation