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.
Request Appointment Now!
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.
Once again, Sydney A. has done an amazing job for me in processing my taxes! She is so professional, so prompt, so clear in her instructions and answers questions quickly! I'm so thankful to have Sydney as my Tax Professional and wish there were LOTS more stars to award her! Thanks, Sydney! Brenda L. (California)— Brenda Lange, Posted March 24th 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
What a great experience. Been using Turbo Tax for 15+ years. I had my doubts, thinking that no matter what, I still have to answer a thousand questions. But no, I just uploaded the docs and they did all the work.What a great company!— Paul Canova, Posted April 11th 2025 on google
David at Paramount Tax and Accounting was fantastic to work with! He handled our personal tax return, business tax return, and a return for our real estate holding company, and made the whole process feel surprisingly easy. He sat down with me and my spreadsheets and we got everything knocked out efficiently. He’s i...— Dianna Jensen, Posted April 11th 2025 on google
Sydney was awesome, was so worried about taxes this year being a 10-99 and having an LLC. She went above and beyond and I paid way less in taxes than I thought I was going to. Highly recommend!— Sebastian Mancilla, Posted April 8th 2025 on google
Braden was awesome and very helpful. It was a quick and easy process to fill out everything and he called me to make sure I had sent over all of the documentation so that I could get the most out of my taxes. Thanks again for the help!— Carson Fisher, Posted April 8th 2025 on google
Extremely helpful and timely in helping me prepare my taxes. They bring a wealth of knowledge and provide a friendly service.— Jay Patel, Posted April 8th 2025 on google
This guyx̌s go way & beyond .. highly recommend them— luis mercado, Posted April 7th 2025 on google
We love paramount! They are so good at what they do.— Kierra Hanks, Posted April 3rd 2025 on google
I worked with Talena specifically and she is seriously the best. She is so up to date on all the things that could help us better plan for taxes in the future! Worth every penny! Will be coming back year after year ❤️— Zach Gregory, Posted April 3rd 2025 on google
Braden is great as usual and always takes good care of us!!!— Joshua Johnsen, Posted April 2nd 2025 on google
My work was trying to do something that I thought was borderline illegal. Then paramount looked into my situation and made sure I was safe from any audits and legal ramifications. Went back forth with some of the paramount's reps in like 14 emails about my concerns. Highly responsive and professional. I recommend them...— Liam Cassell, Posted March 31st 2025 on google
Darrin provided excellent assistance with our questions and was prompt with filing.— Mark Shepherd, Posted March 30th 2025 on google
They were super easy to work with and even helped me prepare for next year with my business and setup. 10/10!— Jaden Bueno, Posted October 31st 2024 on google
We had such a great experience with Paramount! We worked with Ron and he was great. He made doing taxes very stress free. We will definitely be using Paramount again in the future!— ashly demille, Posted April 20th 2024 on google
Once again, Sydney A. has done an amazing job for me in processing my taxes! She is so professional, so prompt, so clear in her instructions and answers questions quickly! I'm so thankful to have Sydney as my Tax Professional and wish there were LOTS more stars to award her! Thanks, Sydney! Brenda L. (California)— Brenda Lange, Posted March 24th 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
What a great experience. Been using Turbo Tax for 15+ years. I had my doubts, thinking that no matter what, I still have to answer a thousand questions. But no, I just uploaded the docs and they did all the work.What a great company!— Paul Canova, Posted April 11th 2025 on google
David at Paramount Tax and Accounting was fantastic to work with! He handled our personal tax return, business tax return, and a return for our real estate holding company, and made the whole process feel surprisingly easy. He sat down with me and my spreadsheets and we got everything knocked out efficiently. He’s i...— Dianna Jensen, Posted April 11th 2025 on google
Sydney was awesome, was so worried about taxes this year being a 10-99 and having an LLC. She went above and beyond and I paid way less in taxes than I thought I was going to. Highly recommend!— Sebastian Mancilla, Posted April 8th 2025 on google
Braden was awesome and very helpful. It was a quick and easy process to fill out everything and he called me to make sure I had sent over all of the documentation so that I could get the most out of my taxes. Thanks again for the help!— Carson Fisher, Posted April 8th 2025 on google
Extremely helpful and timely in helping me prepare my taxes. They bring a wealth of knowledge and provide a friendly service.— Jay Patel, Posted April 8th 2025 on google
This guyx̌s go way & beyond .. highly recommend them— luis mercado, Posted April 7th 2025 on google
We love paramount! They are so good at what they do.— Kierra Hanks, Posted April 3rd 2025 on google
I worked with Talena specifically and she is seriously the best. She is so up to date on all the things that could help us better plan for taxes in the future! Worth every penny! Will be coming back year after year ❤️— Zach Gregory, Posted April 3rd 2025 on google
Braden is great as usual and always takes good care of us!!!— Joshua Johnsen, Posted April 2nd 2025 on google
My work was trying to do something that I thought was borderline illegal. Then paramount looked into my situation and made sure I was safe from any audits and legal ramifications. Went back forth with some of the paramount's reps in like 14 emails about my concerns. Highly responsive and professional. I recommend them...— Liam Cassell, Posted March 31st 2025 on google
Darrin provided excellent assistance with our questions and was prompt with filing.— Mark Shepherd, Posted March 30th 2025 on google
They were super easy to work with and even helped me prepare for next year with my business and setup. 10/10!— Jaden Bueno, Posted October 31st 2024 on google
We had such a great experience with Paramount! We worked with Ron and he was great. He made doing taxes very stress free. We will definitely be using Paramount again in the future!— ashly demille, Posted April 20th 2024 on google
Once again, Sydney A. has done an amazing job for me in processing my taxes! She is so professional, so prompt, so clear in her instructions and answers questions quickly! I'm so thankful to have Sydney as my Tax Professional and wish there were LOTS more stars to award her! Thanks, Sydney! Brenda L. (California)— Brenda Lange, Posted March 24th 2025 on google