$1 Million Tax Audit Protection 

Tax Preparation

We are one of the leading full service tax preparation accountingbookkeeping firms in Provo. 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 & 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!

Free Consultation 801-515-3098

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.

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 801-515-3098

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