Bookkeeping Services in Provo, UT

As a small business owner you have more important things to do than to keep your own books. As one of the top tax preparation firms in Provo you can trust us to expertly manage 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 AccountingBookkeeping system. You can customize the package of Provo tax services you receive by adding payroll, tax planning, tax preparation, or any of our other services including Quickbooks support.

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, AccountingBookkeeping, 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 us 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 - Provo if you'd like to receive a Free Consultation on our Small Business AccountingBookkeeping Service.

Ashley is super real and very helpful. She takes a relaxed approach and her knowledge is what will convince you to use her services not any shady sales tactics.
— Jacob Graff, Posted February 1st 2023 on google
Ashley has been a great help to me in setting up my business. I love the ability to virtually consult. It's very convenient for a busy schedule.
— Kate Hooley, Posted December 20th 2022 on google
Ashley Jefferies was such an awesome person to work with! I had so many questions, and even realized in my short about of time with her that I was under the wrong business entity, she told me how to go about changing things and told me what I needed to know and hear. I will be definitely filing my taxes with them!
— Shelby Lasley, Posted December 19th 2022 on google
Ashley helped me ease a lot of my anxiety centered around taxes and business advice. She was extremely helpful and knowledgeable. I feel like my business is in good hands moving forward. I will definitely be staying with her for all of my business tax and accounting needs.
— nicole1164, Posted September 19th 2022 on google
Very Professional. Ashley helped me with all the information I needed to know.
— Johnny Bench, Posted August 25th 2022 on google
I had a great conversation with Ashley and look forward to the opportunity of working with her and her firm.
— Michael Shelby, Posted July 5th 2022 on google
Had a good experience in 2021. But this year Have been trying to contact my accountants since June 1st by email and phone and no response back. They were responding up until then. Very unprofessional and rude to not even update a customer on what is going on. Feel very irritated and confused on why the customer service...
— Jodi Elmore, Posted January 20th 2022 on google
Know their stuff and quite personable
— David Lariviere, Posted May 23rd 2022 on google
My husband and I are SO happy we came to Paramount & get to now work with Ashley Jefferies. She is so knowledgeable and amazing at her job. As a new business owner, she’s helping us get everything in line, giving us the best options & helping things run smoothly this tax season. Couldn’t be more grateful to have he...
— Jaden Wright, Posted March 25th 2022 on google
Ashley J. did the impossible and got us a small refund when I thought it would be impossible for someone in our income bracket! We're self-employed and she knew all of the tips and tricks to save us money. Super happy with her work, we'll definitely be back next year!
— Abby Sudweeks, Posted March 24th 2022 on google
Ashley is very knowledgeable and helpful. Has helped get our business books back in line. We Have trusted her for many years.
— Brittani Ellery, Posted March 3rd 2022 on google
Super professional and very speedy with their work
— smelltheuniverse, Posted February 20th 2022 on google
Amazing service, always professional. I live out of state and still get my taxes done here!
— Monique Holland, Posted February 18th 2022 on google
That lexi girl be filing mad taxes
— koi Pond, Posted February 18th 2022 on google
I love this place, they're very professional!
— Amby Holla, Posted February 18th 2022 on google
Have met Ashley a couple times already to help us with our taxes and accounting and can already tell how knowledgeable she is. Would highly recommend her for your personal or business taxes.
— McKay Coombs, Posted February 14th 2022 on google
Ashley helped me with a book keeping problem. She's so knowledgeable and fast. Friendly and will put your anxiety at ease! They care about you.
— Lorraine Wilson, Posted January 21st 2022 on google
Ashley is so good at what she does. She pays attention to detail, she very patient when heeling me and teaching me how to do my side of things. I have saved a lot of money using Paramount services! I would absolutely recommend them to anyone!!
— Heather Crawford, Posted January 21st 2022 on google
We were very impressed with the knowledge that was giving to us to invest our money while saving on taxes. They gave wise advise on how to proceed in the future. We have a piece of mind knowing we are in experienced hands. We would highly recommend friends, family and peers to be apart of this amazing business.
— melissa spencer, Posted January 20th 2022 on google
Great experience. They were friendly and helpful. We would definitely recommend them.
— Robin Hermansen, Posted January 20th 2022 on google

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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 - Provo, is that our firm utilizes the services of CPAs, EAs, and Attorneys who are distinguished from other finance professionals by stringent qualification and licensing requirements.

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

Free Consultation 801-669-9189

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 such as CPAs, EAs and Attorneys, 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 - Provo a call or visit our tax and accountingbookkeeping firm in Provo for a free consultation.

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Why Choose Paramount Tax & Accounting - Provo?

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Bookkeeping Services in Provo

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