Need a CPA for Your New Business Formation?

When CPAs Are Needed For New Business Formation in Draper

Starting a new business is a big venture that is both exciting and stressful. Paramount Tax is here to minimize some of that stress for you so you can focus on the excitement. As the leading accounting firm in Draper, Paramount Tax works closely with certified public accountants who can handle all your new business accounting needs.

While an accountant can cover the business basics of bookkeeping and tax preparation, CPAs are qualified and licensed professionals that can cover a wider variety of accounting services. Professional accounting help from a certified public accountant, such as those we partner with, can address a variety of accounting services that a normal accountant cannot cover:

Financial Analysis - while a regular accountant can do bookkeeping and tax preparation, a CPA can offer professional analysis and tax and financial advice.
Licensing - Every state and city has different licensing requirements for businesses and they can be tricky to navigate. With the help of a CPA, you can have your new business licensed and up and running in no time!
Tax Laws - CPAs are more versed in tax laws than your typical accountant. A CPA can help a new business owner prepare and file taxes and even act as a representative before the IRS in the chance that your business is ever audited by the IRS.

A certified public accountant in Draper can also assist with the following new business accounting services:

Evaluating Your Business Idea - Even if you think your idea is great, your accountant can help you decide if it is really worth the investment by discussing loans, startup costs, and required revenue to reach ROI.
Writing a Business Plan - A well designed business plan can help you keep expenses in check and may come in handy if you would like to rent out office or retail space.
Choosing a Business Entity - Will you have partners? Are you a corporation, a sole proprietorship, or an LLC? Your Paramount Tax accountant can help you decide which entity best fits your business.

Of all the accounting firms in Draper, Paramount Tax offers the most extensive services for new or established business owners. Opening a business is an exciting time and it should be enjoyed. Bookkeeping, licensing, preparing taxes, and completing payroll is a full time job on its own and that is why Paramount Tax is here to help. We keep up with your accounting needs so you can focus on running your business.

By partnering with certified public accountants, we are able to offer you a level of service that many other accounting firms cannot. If you are looking to start your new business venture and are searching for accounting firms in Draper, schedule a free consultation with Paramount Tax today.

Contact one of the top accounting firms in Draper for any New Business CPA related questions. We are happy to assist any way we can!

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Paula Covington was amazing she was friendly and so fast at sending me the documents I needed!!! Thank you

— Mandee Orton, Posted August 27th 2025 on google

Braden Thompson is the man. Helped me with my nightmare tax situation. I have already recommended Paramount to my coworkers because of him. Much appreciated.

— Curt F, Posted August 5th 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

First time filing my business with Paramount, the process was simple and well explained by the CPA's throughout the entire session. As well as helpful tips for future filing goals towards better my business. They are interested in the growth of your business and make it very easy to talk to and build a trustful connect...

— Isaac Rubio Valerio, Posted May 5th 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

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

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

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

These guys at Paramount are awesome! This is the only place to go for tax preparation. Look no further. I especially enjoyed working with Braden and Jon.

— Jim Moss, Posted March 4th 2025 on google

Have used Paramount Draper since 2017. Just finished 2024 taxes, Alex was awesome, he helped me with my business and personal return. He's sharp and capable. I have also corresponded with Paula, the admin, over the last several years and she is extremely prompt at responding to phone calls and emails. Thank you!

— Lisa Phillipps, Posted February 26th 2025 on google

Absolutely incredible working with the extraordinary men at Paramount Tax

— LeeAnn Fulton, Posted February 24th 2025 on google

Quick turnaround, easy to work with, and responsive.

— Aaron Chambers, Posted February 21st 2025 on google

Paramount was great because they were fast to turn around my return, they addressed my concerns and were very helpful through the process. I will use them again.

— James Gilman, Posted February 21st 2025 on google

Jon and Braden were super helpful! Made things a lot easier this tax season

— Cassie Johnsen, Posted February 21st 2025 on google

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

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

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