Tax Preparation

We are a full suite tax preparation and tax planning accounting firm. Please choose a tax 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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Books a Mess? No Problem!

We are constantly fine-tuning these strategies so that businesses and individuals pay the lowest amount of taxes allowable by law. In addition, we continually look for ways to minimize taxes throughout the year and not just at the end of the year.

Contact our team at Paramount Tax & Accounting to receive more information about our Tax Planning Services.

Paramount Experience

Many people do not know how a professional tax and accounting firm differs from a bookkeeper or tax preparer. The main difference when working with a professional tax and accounting firm, such as Paramount, 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 Tax Preparation firm in America. So when you ask yourself, "Where can I find Tax Preparation services near me?"... think no further than Paramount!

Free Consultation 801-341-2300

Upgrade to Tax & Accounting Firm

Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accounting firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accounting firm utilizes licensed professionals such as Certified Public Accountants (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 a call or visit our tax and accounting firm 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 Accounting, 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 801-341-2300

These guys are amazing! I started working with John 8 years ago and have watched him grow the business. I still feel like his number one client and love working with Christy as well.
— Paul Willey
Posted November 14th 2019
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Professional, Courteous and definitely have their finger on the pulse of the industry.
— Karl Harris
Posted November 7th 2019
Google
Rob is extremely knowledgeable. We are very grateful for his time and expertise. Highly recommended!
— Stew West
Posted October 28th 2019
Google
I received a letter from IRS that I owed a bunch of money and I freaked out. I was going to just pay it but then I decided to look up a tax guy to see what they could do for me. Wow, I am so glad I did. I called Paramount and they scheduled me in same day. I met with Roy and he exceeded my expectations. Not only do I not owe money but IRS actually owes me money for two years. I recommend going to Roy to see if he can help you or even just do your taxes. Amazing work and affordable pricing.
— renee cielen
Posted September 30th 2019
Google
Showing 4 of 80 reviews (Average rating of total: 5 stars!)