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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

I've been using Paramount Tax for 6 years now. No matter who I've worked with, they've always delivered above my expectations! I have recommended them to colleagues of mine that now use their services as well.
— Mike Pedersen, Posted April 22nd 2024 on google
Paramount Tax is extremely efficient and knows how to take care of their clients. Isaak was a pleasure to work with and was able to get my taxes done in a snap! It was a seamless appointment. I would highly recommend Paramount Tax!
— Alexis Amundsen, Posted April 16th 2024 on google
Dave was excellent with getting our taxes done and helping us get the best outcome even with having to pay this year.
— Lisa Christensen, Posted April 15th 2024 on google
Excellent, fast service!
— William Dunford, Posted April 13th 2024 on google
We filed taxes for the first time on our LLC with Braden at Paramount and had a great experience. Braden was professional and helped us save a lot on our taxes this year. Highly recommend this firm and Braden.
— Greshma Jackson, Posted April 5th 2024 on google
Braden T was awesome saved us a ton of money, very enjoyable to work with.
— Derek, Posted April 5th 2024 on google
Braden Thompson at Paramount did a spectacular job on my taxes. My only regret is that I didn't go to Paramount and have Braden do my taxes years ago!
— Kelly Christian, Posted April 5th 2024 on google
Thanks Braden. Efficient and effective.
— Cormac Mceneaney, Posted April 2nd 2024 on google
We just did our taxes and it was an awesome experience! We threw some curveballs at Braden and he did awesome. 10/10 will come back to with him.
— Jacob, Posted April 2nd 2024 on google
Braden was so helpful for our taxes this year! Definitely recommend him!
— Bailey W, Posted April 2nd 2024 on google
Braden is the best!! Been coming here for years. Highly recommend Braden.
— Rebekah Gonet, Posted March 29th 2024 on google
Malcolm was super awesome! Originally we had an appointment with someone else but Malcolm assisted us cause the other person was in his appointment late. He was super fast and helpful and went over everything. Thank you Malcolm!
— Alex Green, Posted March 27th 2024 on google
Very professional and friendly. They make a complicated tax process so simple! 100% recommend
— Sharlissa Olson (Punskittles), Posted March 22nd 2024 on google
This was our first time using them and they were great. They were quick and very knowledgeable. We will definitely use them again.
— Erica Nielsen, Posted March 20th 2024 on google
Everyone at this office is so kind and friendly and super helpful! The accountant who helped me is named Braden Thompson and I’m bringing all my business friends and clientele to him because he worked miracles on my business taxes and personal as well—he is so knowledgeable and goes over and beyond to help! Best ac...
— Belle Thompson, Posted March 18th 2024 on google
Thanks, Todd, for saving me so much time and sparing me the headache of doing my own taxes. This isn’t my expertise at all and you made the whole process feel so simple.
— Anna Welch, Posted March 8th 2024 on google
Most amazing customer service and expertise. Braden was super helpful.
— Kevin Thompson, Posted March 6th 2024 on google
Easy to schedule, friendly staff. Jensen was great!
— Tyler Thompson - Basketball, Posted March 1st 2024 on google
After years of working with an agent at Paramount Tax (and a horrific experience), I came back to the main offices for a last hurrah before looking elsewhere. Paramount as a whole had been good to me and my business, but that last experience with Christy was terrible. My wife and I (and partner on the phone) were tre...
— Adam Russo, Posted March 7th 2023 on google
Isaak is the best tax preparer we have ever worked with. He is so friendly and engaging! He is knowledgeable and makes himself available with any questions. Truly the best of the best.
— Rachel Beverley, Posted February 29th 2024 on google