$1 Million Tax Audit Protection 

Tax Preparation

We are one of the leading full service tax preparation accountingbookkeeping firms in Draper. Please choose a tax preparation service below to learn more.

Planning is the key to successfully and legally reducing your tax liability. At Paramount Tax & Accounting, we go beyond tax compliance and proactively recommend tax saving strategies to maximize your after-tax income. Such strategies help you:

  • Grow and preserve assets by keeping Uncle Sam out of your pockets.
  • Defer income so you can keep your money now and pay less taxes later.
  • Reduce taxes on your income so you keep more of what you make.
  • Reduce taxes on your estate so your family keeps more of what you've made.
  • Reduce taxes on your gifts so you can give more.
  • Reduce taxes on your investments so you can grow your wealth faster.
  • Reduce taxes on your retirement distributions so you can retire in style.

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Tax Preparation

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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 Tax Preparation 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!

Free Consultation 801-890-4777

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

Individual Tax Preparation Business Tax Preparation

Tax Preparation

Amendments

It is not uncommon to come across a significant deduction or error that was overlooked when you filed taxes. When this happens, the Internal Revenue Service allows you the opportunity to retroactively amend your taxes to rectify such errors. Whether you received a revised 1099, overlooked a sizable charity deduction, or even miscalculated your mortgage interest, amending your tax return can help you recover the money you are rightfully owed.

At Paramount Tax and AccountingBookkeeping, we not only help you amend your taxes, but also:

  • Calculate your estimated refund
  • Identify reasons (if any) NOT to amend
  • Determine the timing of filing an amendment
  • Determine whether amending your taxes is worth the time and investment

Although there are no requirements or penalties for not filing an amendment, our tax return specialists at Paramount Tax & accounting can help you best understand.

Free Consultation 801-890-4777

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
I've used paramount for years, It is 100% worth it! Doing taxes has become so much less stressful and they always work to get you the best return you can! I've worked with multiple accountants there and all three have been great!
— Isaac Parker, Posted February 18th 2025 on google
We met with Jon and Braden today to file our 2024 taxes and they were both amazing. They were both very knowledgeable and walked us through every section of our taxes, including small business filing. We will absolutely continue to use them in the years to come.
— Bonnie Grigoratos, Posted February 17th 2025 on google
Braden and John are AWESOME. They were super patient, and walked us through expenses and the current tax landscape for businesses. They are our tax team going forward bar none. (Bonus points for going over the benefit of brushing one's teeth regularly).
— William, Posted February 17th 2025 on google
I’ve been going to Paramount since 2022 and and my experience gets better and better each year. 2023 I worked with Braden Thompson and he was amazing to work with especially with my small business. He was able to find every possible way to benefit my business and more. I went back to Paramount this year to file and t...
— Fetaiaki Manuatu, Posted February 17th 2025 on google