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Tax Preparation

We are one of the leading full service tax preparation accountingbookkeeping firms in Plano, Frisco & Richardson. 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 in Plano, is that we know taxes!

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 Tax Preparation firm in Plano, Frisco & Richardson. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Bookkeeping in Plano!

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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 in Plano a call or visit our tax and accountingbookkeeping firm in Plano, Frisco & Richardson 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

I highly recommend Azeb for all tax-related matters. She is exceptionally knowledgeable and a pleasure to work with. As owners of a trucking company, her assistance was invaluable in ensuring we covered all necessary aspects, maximized available credits, and provided peace of mind during tax filing. Azeb goes the extra...
— Jessica Johnson, Posted March 16th 2024 on google
My husband and I were looking for a tax professional and I’m so glad we found Azeb! Azeb is extremely knowledgeable, patient, detail oriented and kind. I highly recommend Paramount Tax & Bookkeeping!
— Ama A, Posted March 13th 2024 on google
So glad I found Tiffany! She prepared my return right then and there while I waited. I'll use her services from now on.
— Debbie B, Posted February 21st 2024 on google
Beyond the initial setup, Paramount Tax has been proactive in providing ongoing support and guidance. Thank you!
— Deyanira Payne, Posted February 16th 2024 on google
Paramount Tax did everything for me when starting my new business. Taxes, LLC support, EVERYTHING. I could not recommend them higher!
— Ivan Gutierrez, Posted February 14th 2024 on google
Paramount Tax & Accounting is the right place to solve your personal and business problems. Highly recommend Azeb to look after your Tax and bookkeeping very knowledgeable and good customer services.
— john kaulave, Posted February 14th 2024 on google
If you have a business and also facing the tax related issue then PARQMOUNT TAX is a right place for you they are professional and trustworthy
— A Google User, Posted February 13th 2024 on google
They ensured that I maximized my deductions and credits, ultimately resulting in a significant tax savings for me. Paramount Tax & Bookkeeping is really great.
— Lawson Soto, Posted February 12th 2024 on google
Excellent service with really nice customer service reps. Will definitely be back next year. Thank you so much
— Johnny Z, Posted February 6th 2024 on google
I have had the pleasure to have worked with the owner. She always went the extra mile to make sure our clients were happy. She is an expert in her field and one of the best tax accountants I know.
— Kharma Butler, Posted February 4th 2024 on google
Very fast, pleasant, knowledgable, and familial. I strongly advise you to use Paramount Tax & Bookkeeping for all of your tax preparation needs. Excellent customer service at its best, with a five-star rating.
— Masud Suleiman, Posted February 4th 2024 on google
dependable and simple to deal with. Tiffany is someone I would suggest to anyone searching for a bookkeeper or tax specialist for their company.
— Keegan Ander, Posted February 3rd 2024 on google
Professional services in the area team is knowledgeable and have sound understanding related to finance highly recommend
— Erin Brown, Posted February 3rd 2024 on google
Tiffany, our tax consultant, demonstrated an impressive level of expertise in handling our rental real estate investments! Thank you!
— Anderson, Posted February 2nd 2024 on google
Azeb Wossen it was awesome working with you, thank you so much for all your help. You have helped me start a new chapter in my life by guiding me on how to start my business. I am sure i will need your services and help in the future. Thanks again.
— Hugo Torres, Posted February 1st 2024 on google
They patiently answered all our questions and actively engaged in knowledge-sharing, creating a collaborative and informative experience.
— Armando Henrik, Posted February 1st 2024 on google
Tiffany is great! Such a dynamic personality and so knowledgeable! You will be in great hands with her.
— Linda W, Posted January 31st 2024 on google
Love the staff members as well as the comfortability in the environment of the Tax office. I like the knowledge that they provide on tax preparation and questions very professional.
— Jazzy Rodgers, Posted January 31st 2024 on google
Tiffany is awesome to work with and extremely knowledgeable. I highly recommend her!
— Don Williams, Posted January 31st 2024 on google
Tiffany is a consummate professional, with decades of experience at the highest levels of tax consulting. Fortunately, she has taken the path to private practice, and is available to all of us! Whenever my clients need tax advice, whether a complicated business issue or family/individual tax advice, I would wholehear...
— Bob Sweeney, Posted January 24th 2024 on google