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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

We met Braden for a consultation. He was very happy to answer many of the questions that we had regarding our estate taxes.
— Jerry James, Posted October 26th 2024 on google
I love working with Paramount! They are always efficient and easy to work with!
— Austin Rawlings, Posted October 15th 2024 on google
Paramount has done an exceptional job! I appreciate their attention to detail and willingness to go the extra mile.
— Janna Simonsen, Posted October 15th 2024 on google
The team at Paramount is amazing, this was my first year filing with them. Darren was awesome and super attentive, and at one point we had 3 people in the room looking over some deductions to make sure they were accurate. In a one hour meeting they tripled what I thought my return would be. They are worth every penny, ...
— Caitlin Probst, Posted October 12th 2024 on google
Southwick and team are fantastic and super easy to work with. Their fees are more than fair and their prompt attention to requests and questions is impressive. Highly recommend.
— David Webb, Posted October 10th 2024 on google
Efficient, fast, helpful. Little on the pricey side on some things but it's worth it.
— Jordan Nguyen, Posted October 1st 2024 on google
They really know what they’re doing, saved me over eleven thousand dollars that I would have missed. I highly recommend them.
— Wayland Wyler, Posted September 16th 2024 on google
⭐️⭐️⭐️⭐️⭐️⭐️ Braden Thompson was thorough and an all around awesome guy, helped me get my taxes all squared away and made it easy and stress-free. Would highly recommend!
— David Eddington, Posted August 12th 2024 on google
I totally fell behind this year and found myself in quite the crunch! Braden took great care of me and helped me with both my personal and business returns quickly.
— Adam Millett, Posted July 11th 2024 on google
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