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 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 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 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 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

I can't express enough how incredibly pleased I am with the services provided by Paramount Tax. From the moment I walked into their office, it was evident that this team truly cares about their clients' success. What stood out to me was the one-on-one consultation where they patiently explained the entire process, bre...
— Sterling Jones, Posted October 1st 2023 on google
Jeff was amazing. I aporeciated his ability to tailor tax scenarios to better help me prepare for my next tax cycle.
— Jason Hassard, Posted March 14th 2023 on google
I had a great experience with Paramount. They are professional, knowledgeable, and friendly. They answered all my questions and explained everything clearly. I highly recommend them to anyone who needs tax help. They are the best tax accountants in town!
— Sergei, Posted September 22nd 2023 on google
I like them going to enjoy doing business with them 👍
— errol nelson, Posted September 21st 2023 on google
I’ll never do taxes without these guys again!!
— Kelsey Boyce, Posted September 21st 2023 on google
Paramount is great!
— Matt Boyce, Posted September 21st 2023 on google
Jeffrey is personable, professional, & informative. He asked clarifying questions and recommended a CPA that could help file the trust return I'll need since mom's death.
— Diana Gonzalez, Posted September 18th 2023 on google
Very impressed with this group. Dave is incredibly knowledgeable and helped me develop personalized tax strategies. I’ll be a long time client for sure! Thank guys, you’re awesome!
— Daniel Westenskow, Posted September 13th 2023 on google
Jeff & Doug has helped with our taxes past 2.5 years and they are very knowledgeable and always help us better understand our situations and answers all of our questions. Highly recommend them for anyone.
— Paul Kim (khjpaul), Posted September 10th 2023 on google
I loved meeting with Lexi because they always know how to put my anxieties at ease, my questions get answered quickly and even better, they love talking about my business finances!
— Liz B, Posted August 31st 2023 on google
Paramount has been incredible to work with. Very thorough and responsive and always acting in our best interest. Would highly recommend!
— Matthew Bauer, Posted August 23rd 2023 on google
Jensen was phenomenal! Her knowledge in taxes exceptional. Readily answered all questions, listened intently, guided me through the complex tax issues I am facing. Treated me with understanding and respect. I went into her office carrying a huge emotional burden and ignorance on how to navigate my tax complexities. She...
— Sharon Naegle, Posted August 21st 2023 on google
We love you guys! They are quick and super helpful and efficient!!
— Lisa Cozzens, Posted April 12th 2023 on google
I reached out to Jeffrey for a Spanish speaking client of mine. Jeffrey was patient, knowledgeable, and professional. My client will be reaching back out to Jeffrey closer to the tax season.
— Elizabeth Gutaj, Posted August 16th 2023 on google
Lexi and Jeff are great.
— Nathan Smith, Posted July 21st 2023 on google
Jeff and his team provide great tax advice and I especially like the forward tax planning and strategy sessions to minimize our taxes.
— David Christine Nilsson, Posted July 13th 2023 on google
Just had a free consultation with Jeffrey and I was impressed with the virtual meeting we did. He was very knowledgeable and had a lot of experience with S-Corps, small business, and real estate tax.
— Chace, Posted December 10th 2021 on google
I was very impressed with Josh. He knows the tax laws and he was great at explaining everything in a way that was easy to understand. Five stars, for sure.
— David Dalby, Posted July 10th 2023 on google
So happy we found this place. We’ve worked with Jeff, Doug & Lexi & they are wonderful. They helped us with business and personal tax returns, giving very helpful inputs & guidance. Highly recommend!
— Jeanette Tua, Posted June 29th 2023 on google
These guys are great!
— Matt Russell, Posted June 27th 2023 on google