Tax Preparation

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

Free Consultation 804-424-0594

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 Richmond East a call or visit our tax and accountingbookkeeping firm in Richmond 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 804-424-0594

Marcus is great! He saved me thousands in taxes last year when I owed the government & ensured I received as much money as possible looking through all potential tax breaks this year. The portal is easy to navigate and to keep your information all in one place to make the 30 minute chat to file so easy. Will be going ...
— Andréa Viza, Posted April 1st 2024 on google
Marcus is awesome! He was helpful, kind and informative when assisting with my tax filing for this year. He provided important insights and brought humor to a not so fun task!
— Elizabeth Whittle, Posted March 30th 2024 on google
Marcus is the best! Very detailed and gets you every claim you can get!
— Kate & Jason Pulley, Posted March 9th 2024 on google
Marcus has done my taxes for the last three years and I wouldn’t have anyone else do them. He’s quick, efficient and personable. I would recommend anyone to him!
— MaKayla Foley, Posted February 25th 2024 on google
It was a great experience!! Marcus is very nice and professional an explains things well.Thanks again Marcus!!
— Megg Beasley, Posted February 21st 2024 on google
Marcus has been a huge help for the last couple of years. He’s personable and experienced in what he does. Always has a solution, gives sound advice.
— Jesse D., Posted August 21st 2023 on google
Marcus was very insightful, explained all necessary line items and very courteous and professional. I recommend his firm to anyone needing tax prep, accounting needs and business accounting expertise. Thank you Marcus for everything.
— Tyson Hawkins, Posted August 21st 2023 on google
Paramount did a great job and Marcus explained everything thoroughly. I look forward to returning in the future.
— john krug, Posted April 28th 2023 on google
Marcus was great to work with to complete our taxes this year. He helped me sort through my husband’s business expenses and provided bookkeeping advice to make next year’s filing a breeze. In less than two hours, everything was done. Marcus was patient and professional. We will definitely use his services again. Hi...
— Amy Miller, Posted March 29th 2023 on google
I had a great experience working with Marcus. From the beginning he was extremely knowledgeable friendly and welcoming. He was able to address all of my questions and concerns and I left feeling great about my overall experience. I highly recommend anyone looking for a great tax professional for personal or business ta...
— michael white, Posted March 11th 2023 on google
Marcus was very friendly and did a great job preparing my taxes. I will definitely use him next year.He could not have been any nicer.
— Doreen Estes, Posted March 8th 2023 on google
Marcus has been invaluable in sharing his skill set with our company. He is knowledgeable, friendly, and prompt. I highly recommend his services!
— Katie Davis, Posted March 2nd 2023 on google
Excellent customer service.
— Shannon Elkins, Posted February 15th 2023 on google
Marcus is very knowledgeable and friendly.
— Todd Elkins, Posted February 6th 2023 on google
Marcus is SO kind and personable and will go above and beyond to help meet your tax needs. Can’t say enough good things about him and this practice!
— A Google User, Posted February 3rd 2023 on google
They get your taxes filed quickly. Very courteous and professional highly recommended.
— Hector Milla, Posted August 30th 2022 on google
Wonderful service and Easy to work with
— IndigoLeo 10, Posted May 23rd 2022 on google
Marcus is very Professional Tax consultant. Thought I went to him 1-day before the tax deadlines, he took time out to help me out, answered all my questions patiently , gave me some tips to manage taxes as well. And his fees were reasonable too. I highly recommend him if you are in the area.
— Shariff Mohammed, Posted April 17th 2022 on google
Very knowledgeable, excellent communication, and very personable. It is very hard to find good people, so look no further than Marcus!
— Jimmy B., Posted April 8th 2022 on google
I highly recommend Marcus Taylor for tax preparation and filing. Marcus is very professional, knowledgeable and friendly to work with. He knows tax, asks good questions that gets you thinking of what is best, works thru your tax return in detail with you explaining, recommending what adds value.
— Kim Hackney, Posted March 14th 2022 on google