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Tax Preparation

We are one of the leading full service tax preparation accountingbookkeeping firms in 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 Richardson, 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 Richardson. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Bookkeeping Richardson!

Free Consultation 945-222-5959

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 Richardson a call or visit our tax and accountingbookkeeping firm in 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 945-222-5959

Excellent tax guidance from a knowledgeable and supportive tax team.
— Michael Piodena, Posted February 11th 2026 on google
Their support throughout every stage of the accounting and tax process has been exceptional.
— Zhamara khate Remo, Posted February 11th 2026 on google
One of the best experiences in tax preparation l have ever had
— Ren ann Pableo, Posted February 11th 2026 on google
Always responding to my questions with patience and thoroughness, I highly recommend the firm and her team.
— Jocela mae Alimanio, Posted February 11th 2026 on google
We are so thankful the guidance and highly recommend to any business owner.
— Rubejane Lumiguid, Posted February 11th 2026 on google
I would highly recommend their services. Best and friendliest accounting service that I have ever dealt with.Thank you!
— Buenaventura Payot, Posted February 10th 2026 on google
Thank you and if you need taxes done I highly recommend! This was a most awesome experience.
— Achille Roda, Posted February 10th 2026 on google
It was very stress free . I'll see P:aramount Tax again next year.
— Stephen Lopena, Posted February 10th 2026 on google
Running a business is stressful enough—taxes don’t have to be. Professional, knowledgeable, and kind from start to finish. Highly recommend.
— Jhazmeyn Jumawan, Posted February 10th 2026 on google
If you are stressed about your business taxes and are putting it off, make an appointment and stop worrying. Very professional, extremely knowledgeable, and kind to top it off.
— Darryl Lunop, Posted February 10th 2026 on google
If you are stressed about your business taxes and are putting it off, make an appointment and stop worrying. Very professional, extremely knowledgeable, and kind to top it off.
— Fejay Marcera, Posted February 9th 2026 on google
It was very stress free . I'll see Paramount Tax again next year.
— Jay John Perez, Posted February 9th 2026 on google
Great service! They definitely took the stress out of the tax process. Sophie and Karen were very responsive, friendly, detailed and knowledgeable. I would use them again and recommend them to others.
— Tirea Ufodike, Posted February 9th 2026 on google
The bookkeeper I connected with was friendly, patient, and efficient. She explained everything so clearly that I actually began to enjoy reviewing my finances. I can’t imagine running my shop without her now.
— Ian Compacion, Posted February 8th 2026 on google
We’ve been partnering Paramount Tax and Bookkeeping for several months, and their support has been exceptional. As a venue business with many moving parts, having a bookkeeping team that truly understands our operations has been incredibly beneficial.
— Ria Martinez, Posted February 8th 2026 on google
The bookkeeping for my small business was handled promptly, accurately, and with great attention to detail. Every report is clear, consistent, and well-organized. I’m very satisfied with the quality, efficiency, and overall service.
— Alex, Posted February 8th 2026 on google
Paramount Tax and Bookkeeping service has been a game-changer. They proactively keep my finances in order and are always prompt, accurate, and responsive. I can’t imagine how I managed without them!
— Jastine Jessa Pecasion, Posted February 8th 2026 on google
Paramount Tax Bookkeeping has completely transformed the way my business operates. Their team is exceptionally responsive, attentive, and genuinely understands that every business has its own unique needs.
— Roldan Jose Poloyapoy, Posted February 8th 2026 on google
I’m pleased to write this letter in support of Sophie and Tiffany, who assisted our business with their bookkeeping services. Throughout our time working together, both consistently demonstrated professionalism, reliability, and a strong understanding of accounting principles.
— Jaypee Fudadera, Posted February 8th 2026 on google
Tiffany, one of the best accounting professionals we’ve worked with, has been an incredible asset to our team. She not only manages our monthly bookkeeping and payroll seamlessly but also provides valuable insight and guidance when we face accounting challenges. We highly recommend their services!
— Dhoodzgsw Escorido, Posted February 8th 2026 on google