Bookkeeping Services in Yorba Linda, CA

As a small business owner you have more important things to do than to keep your own books. As one of the top tax preparation firms in Yorba Linda you can trust us to expertly manage 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 AccountingBookkeeping system. You can customize the package of Yorba Linda tax services you receive by adding payroll, tax planning, tax preparation, or any of our other services including Quickbooks support .

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, AccountingBookkeeping, 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 us 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 Yorba Linda if you'd like to receive a Free Consultation on our Small Business AccountingBookkeeping Service.

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Paramount Tax & Accounting Yorba Linda tax accountant

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Paramount Tax & Accounting did an exceptional job preparing my personal income tax returns which resulted in maximizing my refund. Linda scheduled my appointment the following day and had my taxes ready to be submitted within a few days. Linda was very friendly and professional which gave me the reassurance that my t...
— Frank Bautista, Posted March 23rd 2025 on google
Linda is attentive, responsive and very professional. She responds in a timely manner and is very knowledgeable. Highly recommend Linda Williams!
— Jennifer Arroyo, Posted March 5th 2025 on google
Linda is absolutely the best and can work miracles. I definitely couldn’t recommend her more!
— hawaiianboy, Posted March 3rd 2025 on google
It was a pleasure having Linda prepare my taxes this year! She was easy to get a hold of and clarify logistics for my request. Linda proved knowledge, efficient as well as kind, which made me feel well taken care of as opposed like another number in the queue. Highly recommended!
— Elaine Seraya, Posted March 2nd 2025 on google
I have referred several of my clients over to Paramount and they have been nothing short of phenomenal! I usually deal with Lynn... she is absolutely amazing and can't recommend her enough!
— Bryan Shaner, Posted February 27th 2025 on google
Linda has been absolutely incredible helping with my taxes for my new business and family. Even going above and beyond with advice for extended family in a new situation. I 100% believe she has my, my family and all her clients best interests at heart.
— Joseph Simao, Posted February 27th 2025 on google
Linda at Paramount Tax & Accounting was incredibly helpful, quick, and efficient! She went above and beyond to ensure I received my tax return as quickly as possible. Her professionalism and dedication made the entire process smooth and stress-free. I highly recommend her to anyone looking for reliable and expert tax s...
— Lisa Moore, Posted February 25th 2025 on google
Amazing, kind and very helpful.
— Dominick roberts, Posted February 23rd 2025 on google
working with Linda made the entire process incredibly easy and stress-free! She was not only knowledgeable but also patient, taking the time to explain everything clearly. From the moment I reached out, she was responsive and organized, making sure I had all the necessary documents ready. The process was quick, effici...
— Heba A., Posted February 22nd 2025 on google
This was my first time doing taxes with someone new so i was skeptical, but Linda was beyond helpful and made the process seem quick She definitely went above and beyond for me. If you are looking for a new tax person go see Linda I promise you will leave very satisfied 😊
— Dominique Melendez, Posted February 20th 2025 on google
Linda is great! Very professional and helpful. It's my second year doing taxes with her and I will continue do so! Highly recommend!
— Ashley Romero, Posted February 8th 2025 on google
I highly recommend Paramount Tax and Accounting . Linda was friendly, knowledgeable and very patient with all my information. I will definitely be returning!
— Dan Valle, Posted February 3rd 2025 on google
Highly recommend Linda, she helped me with a mess on some past taxes and my current taxes, very knowledgeable and thorough. She was fast getting things taken care of. She really puts a personal touch helping with her clients. Top notch in my books ! Thank you Linda
— Heather Jensen, Posted January 31st 2025 on google
Linda was kind and pleasant to speak with. She answered all my questions and gave me tips for future taxes. I can tell she is someone that enjoys helping others and I will continue to use her services in the future.
— Jasmin Espejo, Posted January 29th 2025 on google
Linda is amazing! Highly recommended!!! You won't be disappointed I promise 🙂
— Brando Rockstar, Posted January 10th 2025 on google
I absolutely love Linda! She’s always so nice and helpful during tax season. She really makes getting my taxes done a breeze! Highly recommend!
— Alison Powers, Posted January 9th 2025 on google
Can’t express my appreciation for all the help Linda has given me and my family over the past couple of years. Her knowledge and true helpfulness is something you don’t see in this day and age. Highly recommend her.
— stevie, Posted January 8th 2025 on google
Excellent tax services, very efficient and knowledgeable, I highly recommend Linda .
— Let’s Talk Coverage, Posted January 8th 2025 on google
Very Professional and knowledgeable in what they do. Would highly recommend their services
— Thomas Armenta, Posted February 9th 2024 on google
Michelle and Lynn are awesome to work with they do a great job.
— Sharkmenta, Posted February 8th 2024 on google
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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 Yorba Linda, 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 Yorba Linda. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting Yorba Linda!

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Whether you are filing personal taxes or you own a business, if you are not already using a professional tax and accountingbookkeeping firm, you have most likely already missed out on major tax benefits, deductions and credits. This is because a professional tax and accountingbookkeeping 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 & Accounting Yorba Linda a call or visit our tax and accountingbookkeeping firm in Yorba Linda for a free consultation.

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