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Bookkeeping Services in Irvine, CA

As a small business owner you have more important things to do than to keep your own books. As one of the top tax preparation firms in Irvine you can trust us to expertly manage your books for you, so you can get back to the job of running your business and generating profits!

Each month or quarter we'll do the following things for you...


These tasks form the solid foundation of your small business AccountingBookkeeping system. You can customize the package of Irvine tax services you receive by adding payroll, tax planning, tax preparation, or any of our other services including Quickbooks support .

Bank Reconciliation

Reconciling your business checking account each month allow us to keep your bank account, AccountingBookkeeping, and taxes up-to-date.

Having us reconcile your account each month allows you to...

  • Identify lost checks, lost deposits and unauthorized wire transactions.
  • Detect and prevent excess/unjustified bank charges and ensures transactions are posted correctly by your bank.
  • Detect and prevent embezzlement of funds from within your company.
  • Know how your business is doing? You can't really know unless all accounts are reconciled and properly accounted for on your financial statement.
  • Manage your cash more effectively. Proper management of funds not only saves money, it makes money for you.
  • Protect yourself. By timely reconciling and promptly objecting to your bank about any unauthorized, fraudulent or forged checks presented to your bank and paid by that bank, you can relieve your agency of responsibility for the shortfall and transfer the risk to the bank. This reason to reconcile alone should be enough. Crime exists.
  • Sleep Better. You will sleep more peacefully at night knowing your bank accounts are reconciled, in balance and that all escrow funds, accounts, checks and disbursed funds are properly accounted for.

Income Statement

An income statement, otherwise known as a profit and loss statement, basically adds an itemized list of all your revenues and subtracts an itemized list of all your expenses to come up with a profit or loss for the period.

An income statement allows you to...

  • Track revenues and expenses so that you can determine the operating performance of your business.
  • Determine what areas of your business are over-budget or under-budget.
  • Identify specific items that are causing unexpected expenditures. Like phone, fax, mail, or supply expenses.
  • Track dramatic increases in product returns or cost of goods sold as a percentage of sales.
  • Determine your income tax liability.

Balance Sheet

A balance sheet gives you a snapshot of your business' financial condition at a specific moment in time.

A balance sheet helps you...

  • Quickly get a handle on the financial strength and capabilities of your business.
  • Identify and analyze trends, particularly in the area of receivables and payables. For example, if your receivables cycle is lengthening, maybe you can collect your receivables more aggressively.
  • Determine if your business is in a position to expand.
  • Determine if your business can easily handle the normal financial ebbs and flows of revenues and expenses?
  • Determine if you need to take immediate steps to bolster cash reserves?
  • Determine if your business has been slowing down payables to forestall an inevitable cash shortage?

Balance sheets, along with income statements, are the most basic elements in providing financial reporting to potential lenders such as banks, investors, and vendors who are considering how much credit to grant you.

Maintaining a Clean General Ledger

The general ledger is the core of your company's financial records. These records constitute the central "books" of your system. Since every transaction flows through the general ledger, a problem with your general ledger throws off all your books.

Having us review your general ledger system each month allows us to hunt down any discrepancies such as double billings or any unrecorded payments. Then we'll fix the discrepancies so your books are always accurate and kept in tip top shape.

Unlimited Consultations

We are always available to spend time with you so you fully understand how to interpret and utilize the financial information we provide. Our consultations are already included in our price, so please feel free to call us whenever you have a question or concern.

Contact Paramount Tax & Accounting CPAs Irvine Central Professional Corporation if you'd like to receive a Free Consultation on our Small Business AccountingBookkeeping Service.

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Bookkeeping cpa Irvine

Irvine, CA tax preparation

Paramount Tax & Accounting CPAs Irvine Central Professional Corporation tax accountant

Call 949-664-8919 today!

I had the pleasure of working with Rakhi at Paramount Tax & Accounting CPAs Irvine and was thoroughly impressed with her professionalism and expertise. She demonstrated exceptional knowledge, provided clear and accurate guidance throughout the process, and ensured that every detail was handled with precision. Her respo...
— Patrik Lando, Posted August 20th 2025 on google
Helped me with my taxes, and I got a great return! They were professional but could have been a bit more proactive in communicating deadlines.
— Mitch Davis, Posted July 23rd 2025 on google
Very helpful and answered all my questions
— Nate Cochrane, Posted July 18th 2025 on google
Incredible experience with Paramount Tax & Accounting CPAs Irvine. Rakhi Jain was able to help with everything we needed in an efficient and timely matter. Appreciated the ease of working with Rakhi Jain and the throughout explained for our taxes.
— Jaylene Greene, Posted June 24th 2025 on google
Rakhi was very knowledgeable and efficient. Made my first time filing US taxes very easy and straightforward. Highly recommended.
— Ross Wallace, Posted April 23rd 2025 on google
We called Paramount a week before taxes were do to help my elderly parents with their taxes. Rakhi was an incredible partner in assisting us to file. Her patience, responsiveness, and professionalism were extraordinary.
— Julie Hatchel, Posted April 22nd 2025 on google
Absolutely amazing experience! She made the whole tax process smooth, stress-free, and even helped us get more back than we expected. Super knowledgeable, friendly, and efficient — highly recommend!
— Sebastian Alidad, Posted April 18th 2025 on google
Thank you so much for your help with tax declaration! as a new resident in the usa i really worried about the taxes but you did everything in a better way! pretty sure that return to you in the next year
— Kirill Kaliuta, Posted April 14th 2025 on google
Rakhi was very helpful and highly professional throughout the whole process of our tax preparation. She was responsive, thorough and I am so happy she was willing to help us.
— Flora Asuncion, Posted April 11th 2025 on google
Rakhi is really responsive and helpful for filing my amended return.
— Ying-Chiao Chen, Posted April 11th 2025 on google
Rakhi Jain was very professional, knowledgeable, and patient with completing my tax return. I visited with her in the midst of retiring and moving to a different state. I would recommend using her services and I will utilize her again.
— Ryan Dierckman, Posted April 9th 2025 on google
Rakhi was fast and efficient. Helped us file our taxes in 2024. Will use in the future!
— Zac Gill, Posted April 9th 2025 on google
I worked with Rakhi at Paramount Tax, and she was great. She kept it professional, guided me through the process, and answered all my questions. Made everything simple and stress-free. Highly recommend!
— Kenneth Blossom, Posted April 8th 2025 on google
Rakhi was extremely helpful and communicative every step of the way. Tax season can be a very stressful time, but she made the process easy and painless. I can’t recommend her services enough! Will be back next year!
— Donnie Rodriguez, Posted April 7th 2025 on google
Rakhi was very thorough and respectful in our conversations and completion of our taxes. She provided ample time for questions and explained in detail, any questions we had. We definitely will continue to work with her. Dr. M. Gelber
— Mitchell Gelber, Posted March 25th 2025 on google
Very nice work, She get more tax money back for me.
— Danny Jen, Posted March 24th 2025 on google
Very knowledgeable and quick responses to any question I had.
— Dorrine Marshall, Posted March 22nd 2025 on google
I had an excellent experience with Rakhi! She was extremely professional, responsive, and knowledgeable throughout the entire process. Her expertise gave me confidence that everything was handled correctly. I highly recommend Rakhi to anyone looking for a reliable and efficient tax professional.
— Bowen Zhen, Posted March 7th 2025 on google
I had the pleasure of working with Rakhi, and can recommend her as a thorough and knowledgeable CPA. She works hard to understand her client's situation and provide them with a full view of their financials. She is committed to doing her best to deliver for her clients. I highly recommend her!
— Marie M, Posted February 25th 2025 on google
Rakhi was a pleasure to work with. She answered all my questions and followed up quickly. I know she got me the best return possible. I highly recommend her.
— Linda Aguilar, Posted February 14th 2025 on google
Irvine, CA Tax Review

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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 Irvine Central Professional Corporation, 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 Bookkeeping firm in Irvine. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting CPAs Irvine Central Professional Corporation!

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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 Irvine Central Professional Corporation a call or visit our tax and accountingbookkeeping firm in Irvine for a free consultation.

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Why Choose Paramount Tax & Accounting CPAs Irvine Central Professional Corporation?

Irvine, CA Tax Services

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