C-Corp Tax Returns Tax Preparation With Paramount Tax
A C Corporation is a legal structure for business that sets up a legal entity which is taxed separately from owners and shareholders. A common structure for many large corporations, a c corp has different advantages than that of an S corp or LLC.
Benefits of C Corporation
- Lower risk of audit.
- Owners and shareholders face limited liability.
- No restrictions on shareholding.
- Easily transferable funds.
- Additional tax benefits and deductions.
- Ability to offer stock options.
How Are C Corporations Taxed?
Since a C corporation is considered a legal entity in and of itself, taxes must be paid on the income earned by the corporation. This can lead to the issue of double taxation for shareholders and owners, as they are also subject to taxation on their earnings from the C corporation. However, there are ways to minimize and even completely avoid double taxation. It's best to rely on the assistance of a professional accountant and tax advisor when handling C corporation taxes in order to ensure your corporation and all shareholders are receiving maximum benefits.
Because there are various options for minimizing double taxation, the IRS carefully scrutinizes the financial operations of c corporations. Attempting to handle c corporation taxes on your own could put you at risk of suspicion by the IRS. The talented, professional accountants of Paramount Tax can assist you in both tax preparation and planning your c corporation.
Tax Advisors Near You
Don't wait until the last minute to pull your finances together for C corporation tax filing. Without the help of a professional, it can be a long and arduous process. The tax advisors of Paramount Tax are ready to assist you. Contact us today to schedule a consultation.
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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 advisors firm in America. So when you ask yourself, "Where can I find tax advisors services near me?"... think no further than Paramount Tax!
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.
Great tax firm; have helped us for last several years with expertise and timelines. Recommend to others.— Barry Preator, Posted April 11th 2025 on google
I truly love these guys. My every interaction has been professional, friendly, and helpful. I've referred multiple people to them for this reason. I've had some really bad experiences with other accountants in the past. The guys at Paramount are SO different! They always respond in a timely fashion, and they have save...— Adam Boyle, Posted July 23rd 2025 on google
Great Company easy to work with.— Rick Simpson, Posted July 9th 2025 on google
Jeff and the team at Paramount Tax and Accounting are true experts. Their knowledge of public accounting, combined with their valuable tax strategies, has been a complete game changer for me.— Clark Hymas, Posted July 8th 2025 on google
Very professional, courteous and well-versed in tax knowledge! Jeff Kessler is extremely knowledgeable and a great resource!— Elayne Pace, Posted September 26th 2022 on google
Paramount Tax is great! Efficient, accurate, friendly, and reasonably priced. Jeff is amazing!— Joel Anderson, Posted June 27th 2025 on google
I’ve used them for filing difficult returns twice now, they do good work and were quick about it.— Charles Solomon, Posted June 23rd 2025 on google
I've thoroughly enjoyed working with Paramount Tax in Draper. Braden takes good care of me, is always available for a call, text, or email. Nobody likes completing their taxes. This team makes easy and convenient work of it!— Jared Thompson, Posted June 20th 2025 on google
Jeffrey Kessler and the Paramount Tax team are outstanding advisors that I trust for my various businesses. I’m glad I have them on my side!— David Nilsson, Posted March 3rd 2025 on google
David is awesome! I have used him to do our business taxes and needless to say I am not the best book keeper but David is extremely patient and knowledgeable. Worth every penny!— Rustin Staheli, Posted June 11th 2025 on google
Jeffrey was extremely helpful and knowledgeable about my situation and was able to get me moving in the direction that we needed to go, with minimal time and effort. Scheduling was easy and technology was great.— Abraham Nickle, Posted June 10th 2025 on google
I really appreciated the free 20 minute consultation. These guys know their stuff! Super helpful and knowledgeable. The prices for their services are also very competitive. Will definitely be using Paramount going forward!— Jaidan Craig, Posted May 28th 2025 on google
Jeff is great . He takes time to understand my meager finances and does a wonderful and thorough jub on my taxes— Sharon Dahlstrom, Posted December 17th 2024 on google
Paramount in Lehi has gone the extra mile. They helped me on very short notice with an amended return, and they’ve done a fantastic job helping me navigate tax year 2024… and plan for 2025. Their online system for collecting documents and communicating back and forth is very convenient also.— Tim Lott, Posted May 16th 2025 on google
We were looking for a new accountant that was more knowledgeable with S-corps, LLC’s, and small businesses in general. Working with Jeffrey has been a breath of fresh air as they were able to make the complicated aspects of our taxes seem easy and manageable. He was very understanding with our unique needs and helpe...— Tasi Duncan, Posted May 16th 2025 on google
I scheduled a free 20 minute consultation and Jeff was extremely helpful in advising me. Highly recommend.— Krissy Dayley Andrus, Posted April 22nd 2025 on google
We had a great experience thanks!— Bradly Larson, Posted April 15th 2025 on google
Just switched to Paramount this year and saved a TON of $$! Worth every penny.. Braden is great to work with and very responsive to any questions I had.— Blaze Van Natta, Posted April 12th 2025 on google
Jeff and Amanda are amazing! They are always professional and go over any issues with me and how it impacts my taxes. They always help get the best return possible. If you aren't using Jeff and Amanda you are missing out!— Bryce Earl, Posted April 20th 2021 on google
I can't say enough good things about Paramount Tax. From the moment I walked in, I felt like I was in the hands of true professionals. The team is incredibly knowledgeable, patient, and genuinely cares about helping you make the best financial decisions. They took the time to explain every step of the process, answered...— Sam Delahunty, Posted April 12th 2025 on google
Great tax firm; have helped us for last several years with expertise and timelines. Recommend to others.— Barry Preator, Posted April 11th 2025 on google
I truly love these guys. My every interaction has been professional, friendly, and helpful. I've referred multiple people to them for this reason. I've had some really bad experiences with other accountants in the past. The guys at Paramount are SO different! They always respond in a timely fashion, and they have save...— Adam Boyle, Posted July 23rd 2025 on google
Great Company easy to work with.— Rick Simpson, Posted July 9th 2025 on google
Jeff and the team at Paramount Tax and Accounting are true experts. Their knowledge of public accounting, combined with their valuable tax strategies, has been a complete game changer for me.— Clark Hymas, Posted July 8th 2025 on google
Very professional, courteous and well-versed in tax knowledge! Jeff Kessler is extremely knowledgeable and a great resource!— Elayne Pace, Posted September 26th 2022 on google
Paramount Tax is great! Efficient, accurate, friendly, and reasonably priced. Jeff is amazing!— Joel Anderson, Posted June 27th 2025 on google
I’ve used them for filing difficult returns twice now, they do good work and were quick about it.— Charles Solomon, Posted June 23rd 2025 on google
I've thoroughly enjoyed working with Paramount Tax in Draper. Braden takes good care of me, is always available for a call, text, or email. Nobody likes completing their taxes. This team makes easy and convenient work of it!— Jared Thompson, Posted June 20th 2025 on google
Jeffrey Kessler and the Paramount Tax team are outstanding advisors that I trust for my various businesses. I’m glad I have them on my side!— David Nilsson, Posted March 3rd 2025 on google
David is awesome! I have used him to do our business taxes and needless to say I am not the best book keeper but David is extremely patient and knowledgeable. Worth every penny!— Rustin Staheli, Posted June 11th 2025 on google
Jeffrey was extremely helpful and knowledgeable about my situation and was able to get me moving in the direction that we needed to go, with minimal time and effort. Scheduling was easy and technology was great.— Abraham Nickle, Posted June 10th 2025 on google
I really appreciated the free 20 minute consultation. These guys know their stuff! Super helpful and knowledgeable. The prices for their services are also very competitive. Will definitely be using Paramount going forward!— Jaidan Craig, Posted May 28th 2025 on google
Jeff is great . He takes time to understand my meager finances and does a wonderful and thorough jub on my taxes— Sharon Dahlstrom, Posted December 17th 2024 on google
Paramount in Lehi has gone the extra mile. They helped me on very short notice with an amended return, and they’ve done a fantastic job helping me navigate tax year 2024… and plan for 2025. Their online system for collecting documents and communicating back and forth is very convenient also.— Tim Lott, Posted May 16th 2025 on google
We were looking for a new accountant that was more knowledgeable with S-corps, LLC’s, and small businesses in general. Working with Jeffrey has been a breath of fresh air as they were able to make the complicated aspects of our taxes seem easy and manageable. He was very understanding with our unique needs and helpe...— Tasi Duncan, Posted May 16th 2025 on google
I scheduled a free 20 minute consultation and Jeff was extremely helpful in advising me. Highly recommend.— Krissy Dayley Andrus, Posted April 22nd 2025 on google
We had a great experience thanks!— Bradly Larson, Posted April 15th 2025 on google
Just switched to Paramount this year and saved a TON of $$! Worth every penny.. Braden is great to work with and very responsive to any questions I had.— Blaze Van Natta, Posted April 12th 2025 on google
Jeff and Amanda are amazing! They are always professional and go over any issues with me and how it impacts my taxes. They always help get the best return possible. If you aren't using Jeff and Amanda you are missing out!— Bryce Earl, Posted April 20th 2021 on google
I can't say enough good things about Paramount Tax. From the moment I walked in, I felt like I was in the hands of true professionals. The team is incredibly knowledgeable, patient, and genuinely cares about helping you make the best financial decisions. They took the time to explain every step of the process, answered...— Sam Delahunty, Posted April 12th 2025 on google
Great tax firm; have helped us for last several years with expertise and timelines. Recommend to others.— Barry Preator, Posted April 11th 2025 on google