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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.

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

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Contact Paramount Tax & Accounting Provo

Easy Online Booking

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

OR

Request Appointment

Contact Paramount Tax & Accounting Provo
Request Appointment

Bookkeeping cpa Provo

Very professional and attentive to detail. I️ felt like they really cared about making sure my tax filing was done correctly and that I️ understand what strategies they used. Highly recommend.
— Logan Gardner, Posted February 27th 2024 on google
They have done my taxes for the last few years. They have been prompt, helped me understand my taxes, and even strategized with me.
— Kenyon Petersen, Posted December 28th 2021 on google
They did a great job helping with out taxes! They helped us write off everything we could and spend lots of time answering our questions
— Kolten Bramall, Posted February 14th 2024 on google
Always amazing working with these guys. The process is easy, straightforward and quick.
— Alexis Ericksen Proksch, Posted February 9th 2024 on google
My experience at this firm has been exceptional. They are very professional, savvy, and organized. I highly recommend them for anyone with a business or who have dependents with special needs
— Debbie Hema, Posted February 5th 2024 on google
I feel very grateful to have found Paramount and Ashley.
— Kate Hooley, Posted January 16th 2024 on google
We got a scary letter for our taxes and we were able to quickly get an app to figure out what was going on. Ashley was able to answer all our questions and explained how to resolve our issue so we could understand.
— Faith Cook, Posted January 15th 2024 on google
LIFE SAVERS! Not only does Paramount do a great job at day-to-day bookkeeping and tax management, but twice now, have jumped in (especially Ashley) to help us with two different challenges. The first being last year, when they spent all the time needed, preparing and showing us how best to manage a State Sales Tax Aud...
— TrūIQ Global, LLC, Posted January 9th 2024 on google
Great experience. Ashley knows her stuff and takes the time to dig in to unique situations.
— Jake Drzayich, Posted December 4th 2023 on google
Met with Ashley Jefferies. She is friendly, knowledgeable, and helped answer every question I had. Will definitely be using Paramount moving forward!
— Ben Phillips, Posted November 30th 2023 on google
Very detailed and thorough. They are very knowledgeable.
— Tammy Bennett, Posted November 6th 2023 on google
Very positive experience for something that is overwhelming for me to do on my own.
— Mikael Fehlberg, Posted October 17th 2023 on google
We were referred to Ashley, and we absolutely LOVE her! She has helped us catch up on the last couple years of taxes for our small business, and has relieved so much stress. She goes out of her way to help us as much as she possibly can (which is a lot because she knows so much) and does all she can to get us the best ...
— Meg Ortiz, Posted October 13th 2023 on google
Meeting Ashley was a breath of fresh air. She was able to explain the process and the fees upfront. Wonderful demeanor and friendly attitude. I would recommend this company for any business.
— Denise Kearl, Posted June 29th 2023 on google
Ashley is incredibly knowledgeable and willing to walk through multiple scenarios for tax planning. Great communication and strategy to make sure filling goes smoothly!
— Kiera Griffis, Posted October 9th 2023 on google
Highly recommend Jeff and the Paramount team for book keeping, personal and business taxes. Best CPA I’ve worked with in 30 years
— Cody Baird, Posted August 31st 2023 on google
I love the team at Paramount! I have been using them for years and have had nothing but good experiences. The professional and courteous service has been second to none. I recommend them to anyone looking for tax or accounting help. Thanks for all your help guys!
— Spencer Shemwell, Posted August 20th 2023 on google
I had a very productive and informative conversation to begin. Answered all my questions
— Ryan Bolton, Posted August 11th 2023 on google
Thank you for the tax service.
— Adrian Alvidrez, Posted August 7th 2023 on google
Knowledgeable, experienced, custom to your specific needs. Great team!
— Luda & Jon Cooke, Posted August 1st 2023 on google
Provo, UT 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 Provo, 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 Provo. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting Provo!

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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 & Accounting Provo a call or visit our tax and accountingbookkeeping firm in Provo for a free consultation.

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