Select A Paramount & Tax Location in Plano
$1 Million Tax Audit Protection 
Plano - Change Hablamos Español Access Our Client Portal
Call Us Contact Schedule Call Us Schedule

Professional Tax Preparer Plano

With the availability of do it yourself tax software, many are left wondering if hiring a tax preparer or purchasing the software is the right option for them. Every situation is different and everyone's taxes are unique. Some may feel secure enough in their knowledge of taxes, deductions and numbers to use the software while others find the very idea of taxes daunting and overwhelming. However, there are a few factors that can complicate taxes and deductions. As a general rule of thumb, if you have any of the following situations, hiring a tax preparer in Plano will ensure that you do not miss a single deduction or render yourself liable to audits.

  • Business Owner- Owning a business, big or small, comes with numerous complex tax rules and elections that you may want to discuss with a professional. There are several ways to write off business expenses and a tax preparer will not only be able to assist with your current taxes, but will be able to advise you on the best possible solutions to maximize deductions in the future.
  • Major Life Event- Major changes during a tax year will affect how you file, these can include buying or selling a home, buying or selling a business, inheritance, adoption, divorce, death of spouse of dependant, etc. There are certain rules that apply to each unique situation that can be more difficult to navigate without a professionals help.
  • Multi-state Residency or Employment- Living in one state and working in another, or moving states mid year can present some challenges with state income tax. A tax professional will help you iron out the wrinkles and will help navigate the allocation and residency issues that can arise in living or working in multiple states.
  • Foreign Assets- If you have assets in any foreign country the IRS requires that you report it. There are special forms to file as well as deductions for any eligible expenses they incur. A tax preparer will be able to accurately calculate exchange rates as well as advise on all of the red tape that comes with foreign assets.
  • Mistakes on Previous Taxes- If you have made mistakes on your tax returns, you have three years to amend them, minimizing the damage. A professional tax preparer can help correct and file an amended tax return before major consequences occur.

Tax Preparing Plano

Request Appointment Now!

Texting Terms and Conditions

Plano, TX tax preparation

Paramount Tax & Bookkeeping in Plano tax accountant

Call today!

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

Free Consultation

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 for a free consultation.

Individual Tax Preparation Business Tax Preparation

Tax Preparing Plano

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 & AccountingBookkeeping can help you best understand.

Free Consultation

I just started working with Paramount, as my long term accountant has retired. Tiffany has been available when I call and has assisted me greatly with the transition. The secure link is easy to use. I am looking forward to continuing this relationship
— teri langford, Posted February 20th 2025 on google
Great professional services, Reasonable prices. Talk to Tiffany & she'll take care of you.
— Aiden Asher, Posted February 15th 2025 on google
The team at Paramount Tax & Bookkeeping are absolutely amazing! They are extremely knowledgeable and professional. Taxe and book keeping can be a challenge, not with them!
— Susan Taylor, Posted February 14th 2025 on google
Their guidance has saved me from costly mistakes.
— Thy S, Posted January 23rd 2025 on google
Super helpful and always patient with my questions.
— April Tu, Posted January 23rd 2025 on google
I’ve been using their bookkeeping services for several months now, and I’ve seen a significant improvement in the way I manage my finances. The staff is friendly, knowledgeable, and extremely thorough. I feel much more organized and in control of my business finances because of them.
— Belle Le, Posted January 22nd 2025 on google
If you’re looking for an accounting team that truly cares, this is the one. They’ve provided me with top-notch service, always delivered on time, and gone the extra mile to explain things in plain language. Their friendly approach makes working with them a pleasure, and their professionalism is second to none. I wo...
— Lalla Liu, Posted January 22nd 2025 on google
The level of service I’ve received from this team is unmatched. They are incredibly knowledgeable and have helped me organize my finances like never before. They are also very approachable, making me feel comfortable asking any questions I might have. Their professionalism shines in everything they do, and their work...
— Annie P, Posted January 22nd 2025 on google
This team has consistently provided me with exceptional service. Their professionalism, knowledge, and friendly approach make them stand out in the industry. They’ve gone above and beyond to ensure my finances are in order and have even helped me find ways to save money. I always feel valued as a client and know my b...
— Rose Vyn, Posted January 22nd 2025 on google
This team has completely changed how I manage my business finances. Their professionalism and attention to detail are unmatched, and they always deliver excellent results on time. I appreciate how approachable and friendly they are, making it easy to discuss even the most complicated financial matters. They have earned...
— Thy Le, Posted January 22nd 2025 on google
Tiffany & her team are the best I have come across, they are professional and smart! They know what they are doing!
— Laci Johnson, Posted September 13th 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
If there’s one thing that truly attracts me to a business, it’s their commitment to exceptional customer service. At Paramount Tax & Bookkeeping in West Plano, they exceed expectations not only in customer care but also in their technical expertise. I had the pleasure of meeting Azeb during my introductory appoint...
— Marcelo Peres, Posted November 4th 2024 on google
I met with Azeb over Zoom to address a couple questions I had regarding estimated payments, and she was able to get me all the information I needed in only 15 minutes. It was a pleasant and professional experience!
— Emily Ursino, Posted October 30th 2024 on google
Tiffany and her staffs are amazing to work with! They helped us get a big chunk of return for 2023! Now I’m excited for tax season!
— Sophie My Nguyen, Posted September 13th 2024 on google
Azeb is an absolute professional, she knows details matter. I trust her with my families personal Information. She is kind and cares about her quality of work. I would recommend her to anyone.
— Cassie Nichole, Posted September 20th 2024 on google
Tiffany got our new LLC done fast and educated us on the next step for our new business.
— Gonzo Gonza, Posted September 19th 2024 on google
If you are looking for an experienced, leave no stone unturned tax preparer, Paramount and Tiffany are who you need!
— Jamie Edstrom, Posted January 18th 2024 on google
Can’t say enough about Tiffany and her team. There are tons of accountants out there, but finding someone that can do good tax strategies and planning are hard to find. I’ve literally interviewed several before going with Tiffany, and it’s been great ever since. They are professional, very responsive, and k...
— Kwan Tran, Posted September 13th 2024 on google
Tiffany with Paramount is GREAT! She is very professional and detailed oriented and will spend the extra time and effort to make sure your needs are taken care of. I highly recommend Paramount for any and all of your tax needs!
— Kerby Sitton, Posted September 13th 2024 on google