$1 Million Tax Audit Protection 

Accounting Firm in West Jordan, UT

As a small business owner you have more important things to do than to keep your own books. We take care of your books for you, so you can get back to the job of running your business and generating profits!

Each month or quarter we'll do the following things for you...


These tasks form the solid foundation of your small business accounting system. You can customize the package of services you receive by adding payroll, tax planning, tax preparation, or any of our other services.

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, accounting, and taxes up-to-date.

Having us reconcile your account each month allows you to...

  • Identify lost checks, lost deposits and unauthorized wire transactions.
  • Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
  • Detect and prevent embezzlement of funds from within your company.
  • Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
  • Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
  • Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to...

  • Track revenues and expenses so that you can determine the operating performance of your business.
  • Determine what areas of your business are over-budget or under-budget.
  • Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
  • Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
  • Determine your income tax liability.

Balance Sheet

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.

A balance sheet helps you...

  • Quickly get a handle on the financial strength and capabilities of your business.
  • Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
  • Determine if your business is in a position to expand.
  • Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses?
  • Determine if you need to take immediate steps to bolster cash reserves?
  • Determine if your business has been slowing down payables to forestall an inevitable cash shortage?

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

Maintaining a Clean General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having our West Jordan tax accountants review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.

Unlimited Consultations

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.

Contact Paramount Tax & Accounting West Jordan for any West Jordan tax related questions. We are happy to assist any way we can!

Easy Online Booking

Get started with Paramount for your tax services in West Jordan, UT, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Accounting West Jordan

Easy Online Booking

Get started with Paramount for your tax services in West Jordan, UT, recommended by family and friends every time.

OR

Request Appointment

Contact Paramount Tax & Accounting West Jordan
Request Appointment

acounting firms West Jordan

BECAUSE WE'RE LICENSED PROFESSIONALS, AND THEY'RE NOT™

Hear Why Our Clients Love Us

  • Brynn Davis
    Jenny makes doing taxes quick and painless. I’ve been going to her for the last few years and really appreciate the guidance she gives us.
  • Taylor Gronlund
    Always knowledgeable and helpfull. Does an excellent job at finding those certain things that will help save me money. Jenny does an outstanding job and is always pleasurable and efficient. She does my complicated taxes in 30 min so it saves me time. Thank you
  • Cheyenne Holt
    This is our 3rd year filing with Paramount. Jenny has always been so helpful and patient with us. They’ve helped eliminate the stress from filing our taxes.
  • Jonesmoto
    Jenny is the best!! Highly recommend Paramount Tax & Accounting!
  • Frederick Federer
    A friendly, organized, efficiently run business. I uploaded everything to their web portal, answered a few questions from the staff via text message, and then sat with Jenny for a 30 minute online meeting where the completed tax return was explained to me. Any questions I had were patiently answered. After self filing with TurboTax for 20+ years this was a refreshing change. I would recommend Paramount West Jordan to my friends and family.
  • David Bird
    This is my 3rd year having Paramount Tax do my taxes and I am so pleased. I have had other accountants help me in the past and I have done them myself. I’ve never gotten as much back and they made it as simple as a 20 minute meeting to finalize everything. I really appreciate their help and the great service!
  • Nick May
    Great experience. Very informative and knowledgeable which I was looking for in my tax preparation. Definitely will continue having my personal and small business taxes done through Paramount!!’n
  • Krista Hansen
    We found Jennie through Google and were skeptical about so many positive reviews. She and the company earned every five star and more! They were quick and efficient in the days leading up to our appointment. That made the actual face-to-face so enjoyable and engaging. This was the easiest and best tax refund experience, even though we had some major life events in 2023. We look forward to many years working with this incredible group!
  • Steve Jackman
    Mrs. Beynon has a very good background in tax preperation. She is very professional and did a very good job on my taxes.
  • Janell Hendrickson
    Professional and friendly, really appreciate the great job they do for us each year.
  • Trent Pettry
    The best place to go for your taxes. Very professional and talented team.
  • Jeanine Metcalf
    Jenny at the WJ office did a wonderful job. Super quick and efficient. Really knew her stuff.
  • Ashley McClelland
    Jenny is top notch and so helpful with doing our taxes. It’s nice to feel confident we are getting the best of the best when we are done. Thank you Jenny!!!!
  • Carlee Wallace
    I have been going to Paramount to file my taxes now for four years and love the simplicity of it all. Jenny is very knowledgeable and fun to work with.
  • Garin Tassainer
    Made Tax Prep quick and easy
  • Nicole Anderson
    This is our second year going to Paramount tax and won't be our last. Jenny and her staff are great! She explains everything to you and is very knowledgeable. I would highly recommend them to anyone wanting some help with their taxes.
  • Joaquin Flores Jr
    Awesome people and very friendly. JENNIFER was very nice and knowledgeable.She answered all are questions and helped us with suggestions and recommendations for upcoming tax year. Loved the experience and will definitely see them next year.
  • Allen Ruiz
    Jenny was amazing help. Place is easy and quick for taxes. I was even able to get help during closed hours. I would highly recommend.
  • Magyn Colledge
    I've had Jenny do my taxes for the last several years. She is professional and very knowledgeable. I really appreciate her help!
  • Heather Ham
    While I usually file my own taxes, this year I had a few situations that I wanted a professional to review. Jenny was super thorough with answering any of my questions and walking me through my filing. If I ever have complex filings again, I will most certainly be back!
West Jordan, UT Tax Review

Free 3-Year Tax Review

We review 3 years back to find errors / missed deductions.

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Many people do not know how a professional tax firm differs from a tax preparer. The main difference when working with a professional tax and accountingbookkeeping firm, such as Paramount Tax & Accounting West Jordan, is that our firm utilizes the services of licensed professionals.

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 firm in West Jordan. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting West Jordan!

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