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 Tax, is that our firm utilizes the services of licensed tax professionals 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 Tax!

Free Consultation 801-890-4777

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 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 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 801-890-4777

Thanks for helping us file taxes again!
— Elena Comnes, Posted April 8th 2024 on google
Highly recommend Paramount Tax! My husband and I went to them to do our taxes and Ron did a great!
— Hayley Cluff, Posted April 8th 2024 on google
10 out of 10 Smooth, simple, easy, and awesome people!!
— Damon Munford, Posted April 8th 2024 on google
I absolutely love working with Lexi and the whole team at Paramount. I’m never stressed about tax season anymore and I feel like I know what I’m doing.
— Logan Martin, Posted November 25th 2023 on google
Ron was a breeze to work with. Made it quick and painless with a nice side of humor. Looking forward to working with him again in the future. Has good advice for future years plans.
— Wendi Hammond, Posted April 8th 2024 on google
Jeff and team are awesome with our taxes.
— Rob Stanger, Posted April 6th 2024 on google
They are great to help you plan for the future and provide solutions for you.
— Lotus Spring Acupuncture & Wellness, Posted November 8th 2023 on google
Paramount is a great company that makes the dreaded tax season a breeze. They are very friendly and not only help you but educate you to help next year be smoother. Highly recommend!
— Braden Steed, Posted April 5th 2024 on google
We filed taxes for the first time on our LLC with Braden at Paramount and had a great experience. Braden was professional and helped us save a lot on our taxes this year. Highly recommend this firm and Braden.
— Greshma Jackson, Posted April 5th 2024 on google
Braden T was awesome saved us a ton of money, very enjoyable to work with.
— Derek, Posted April 5th 2024 on google
Braden Thompson at Paramount did a spectacular job on my taxes. My only regret is that I didn't go to Paramount and have Braden do my taxes years ago!
— Kelly Christian, Posted April 5th 2024 on google
Going into this year’s tax return, we were super nervous as this is a process we’re relatively inexperienced with. Amanda did a phenomenal job to help us with our tax return, and was extremely personable, friendly, and outgoing. She went above and beyond to ensure that we had a white glove experience, and was very ...
— Graydon Szabo, Posted February 4th 2023 on google
Easy, strategic, fast and great to work with.
— Connor, Posted April 4th 2024 on google
The people at Paramount Tax have been so kind and shown me what information I need to keep track of and how to be more organized, which has saved me money at tax season! Hooray!
— Janet Eastman, Posted April 2nd 2024 on google
Thanks Braden. Efficient and effective.
— Cormac Mceneaney, Posted April 2nd 2024 on google
Efficient, Professional, and EXTREMELY knowledgeable. Will continue to use them from now on!
— Keoni Duke, Posted April 2nd 2024 on google
We just did our taxes and it was an awesome experience! We threw some curveballs at Braden and he did awesome. 10/10 will come back to with him.
— Jacob, Posted April 2nd 2024 on google
Braden was so helpful for our taxes this year! Definitely recommend him!
— Bailey W, Posted April 2nd 2024 on google
Doug and Talena are the best! They are very knowledgeable and kind.
— April Petersen, Posted April 1st 2024 on google
I Use David and Ron for all my Tax needs and they are great!! I was also a customer of Jon’s in the past and he was amazing! These gentleman will help you navigate the complex forms and documents of the IRS and guide you in the right direction for the best outcome for your business or personal financial situation! Th...
— Taco Sauce Adventures (The Traveling Couches), Posted April 1st 2024 on google