Succession Planning and AccountingBookkeeping Firms in Brea, CA

Name: Paramount Tax & Accounting CPAs Brea
Address: 330 E Lambert Rd #170, Brea, CA, 92821, US
Telephone: 626-968-8680
Rating: 5

Succession Planning Services

If you own a family business, retirement isn't simply a matter of deciding not to go into the office anymore. You've got some critical questions to answer like...

"What happens to the business when you're no longer running it?"
"Will you have enough money to retire?"

The family dynamic complicates the whole transition because of the relationships and emotions involved. Most people are not comfortable discussing topics such as aging, death, and financial affairs.

Comfortable or not, succession planning should be a priority for any family business considering that more than seven out of ten family-owned businesses fail to survive the transition from founder to second generation, typically falling prey either to estate taxes or family discord - or both.

Developing and implementing a well-designed succession plan with a Brea is essential to the survival of a family business from one generation to the next.

A Brea tax accountant can help you with these key issues -

Keeping it in the family. Are you going to pass the business on to your family or sell it to a third party? We help you weigh the advantages and disadvantages of each of these options.
Who's going to run the business when you're gone? Management and ownership are not one and the same. You may decide to transfer management of your business to just one of your children but transfer equal shares of business ownership to all your children, whether they're actively involved in the business or not.
Minimizing the tax bite. The tax burden when transitioning a family business can be significant. The challenge is that a family business is not generally a liquid asset, but taxes are typically due when ownership is transferred.
Making it fair. Transferring family ownership often adds a tremendous amount of stress to individual family members. We talk with each of the family members to ensure that they feel they a getting an equitable and fair share of the pie.

What we do for you...

Once we understand how you feel about the key issues above, we begin constructing your succession plan focusing on these 5 issues...
Business Valuation
Business Restructuring
Tax Consequences
Retirement Projections
Tax Projections

Contact Paramount Tax & Accounting CPAs Brea if you'd like us to help you pass on what's taken a lifetime to build. We offer free consultations on all of our financial planning and tax services in Brea.

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Additional Business Services

626-968-8680

Hear Why Our Clients Love Us

Anne Marie Sherwood

Eunice and team are amazing. Highly recommend.
Joarna Gaming

Eunice is the best! She has done my taxes for the last 3 and I can recommend the teams work highly enough!!
T. R.

Eunice exhibited incredible patience during our interactive discussion to prepare and review (after completion, she answered all my questions) for my tax returns. She provided her strategic approach on a complicated section of my return. In addtion to her knowledge & expertise of the tax law, Eunice was always punctual in returning my phone calls, emails or texts. I strongly recommend Eunice & Takashi as tax accountants that you can rely on. Overall review: stellar performance (great organizational & people skills, patience and very good knowledge/expertise of the tax laws.
Rene Armienta

Eunice is very accommodating and informative. She has earned my business (taxes) for life. Thank you Eunice and the Paramount Tax Team.
Ann Wan

We are so happy with Eunice and Takashi doing our 5 Trust’s taxes, they were able to finish such a complex & detail tax returns. We were so relieved that they were able to figure out the many details that was entail. We would highly recommend them with their knowledge, professionalism & patience.
Daniel

I wanted to write a 5 star review for Eunice. She is great to work with and answers all your questions. Highly recommend!
Guillermo S

Eunice and Takashi did a great job helping us file our personal and business tax returns. They are friendly, professional and thorough. They dug into the details when necessary and they were informative throughout the entire process. They took the time to explain everything clearly, ensuring we understood important factors. We are new to LLCs and it helps to have someone that has the patience to do this. We are extremely satisfied with their service. Give them a call!!
John V.

Assess your IRS issues here. Price for this professional service broken into parts.
Ivan Trejo

Above and beyond!
Cristian Morales

Eunice always goes above and beyond with her services!
Ron Mack

Was looking for a new tax company and was very glad I found Eunice. She was very helpful in explaining what were some of the changes and how to get the most out of my tax return. She definitely earned a five star rating from me.
Eric M

I filed my income taxes through Eunice this year, and I am glad I made that decision. She is knowledgeable, patient, and answers all questions. I definitely recommend using her services 👍
Mt31

She went above and beyond for me and my family, she's professional and punctual, highly recommended
Juri Ohara

I have been using Paramount Tax & Accounting for about 10 years now. They respond to my requests/questions so quickly. The communication and support throughout the process from them is outstanding. I highly recommend !!! ;)
sho

Eunice as been preparing my taxes for the past 2 years and I have nothing but compliments of her service. She response to my questions very quickly and will be my go-to accountant moving forward.
Carlton Sharpe

Miss Cheng was very friendly and was able to meet and address all my concerns, she is an asset and a trustworthy person and very knowledgeable at what she does.
Yoshie O

I have used Paramount Tax & Accounting for almost 10 years now. Very reliable, detailed, specific and honest. My accountant is always available to talk when I have tax related questions. I’m always late turning in my documents but thanks to them, they have helped me file quickly every time! Highly recommend!!!
Zerr Dfe

Very professional and hard working individual. I have gone through 3 CPAs since my business starting to grow and Eunice just checks off all the optimal qualities anyone needs from a CPA
Tony Nguyen

Highly recommend this place to any business big or small. They are very attentive and extremely professional. They made the tax process quite enjoyable as they are able to break down everything for the day every person to understand. Thank you Eunice & Takashi!
gloria rodriguez

Eunice was referred to me by a family member. She is Great!! I had been going to the same person for over 10 years. Unfortunately my tax person moved out of state. Was scared to look for some one new. Eunice made all my fears go away and I give 100%% referral for her. Thank you Eunice!

Don’t Leave Money Behind

Maximize your deductions and reduce your liabilities. Schedule with Paramount Tax & Accounting CPAs Brea today

Paramount Experience

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 CPAs Brea, is that we know taxes!

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

Free Consultation 626-968-8680

Upgrade to Tax & AccountingBookkeeping Firm

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 CPAs Brea a call or visit our tax and accountingbookkeeping firm in Brea for a free consultation.

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