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Need a CPA for Your New Business Formation?

When CPAs Are Needed For New Business Formation in Lehi

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 Lehi, 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 Lehi 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 Lehi, 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 Lehi, schedule a free consultation with Paramount Tax today.

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

New Business CPA Lehi

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Hear Why Our Clients Love Us

  • Abby S
    After several years of exceedingly subpar service from our prior tax prep company, we asked friends and business associates for recommendations. Boy are we lucky that someone told us to call Talena at Paramount!! Talena became an expert on our (multi-company/multi-partner/personal) tax situation. Talena listens, analyzes, asks questions, digs deeper. She’s got great analytical and problem-solving skills and seems to have deep tax knowledge. Her customer service is perfection.
  • Anna Long
    I highly recommend paramount Tax! They’ve been doing our taxes since we have been married, almost a decade. They have been very helpful with my house cleaning business as well:)
  • Sharon Dahlstrom
    Jeff is great . He takes time to understand my meager finances and does a wonderful and thorough jub on my taxes
  • Charlie Ulrich
    They are very knowledgeable and helpful on taxes!
  • Charlie
    I’ve worked with Paramount for a few years and they do a great job
  • Cole Taylor
    Went out of their way to help us with our taxes to get approved for a home!
  • Colin Esplin
    I’ve been using Paramount Lehi for years now and always have a phenomenal experience! The level of specialized knowledge and expertise these guys bring to the table is truly amazing. When it comes to my tax preparation each year, I feel totally confident they are going to pull whatever levers can be pulled to give me the most favorable outcome. Honestly can't say enough about the great service they provide.
  • Nick Smith
    I love working with Jeff and the team at Paramount. They are professional, knowledgeable and always great to visit with. I can’t recommend them enough.
  • Aaron Murphy
    I had a great experience with Paramount Tax. They were extremely responsive and took the time to walk me through my entire tax situation in a way that was easy to understand. What really stood out was that they didn’t just file my taxes—they also provided helpful strategies for the upcoming tax year and beyond. I highly recommend them to anyone looking for knowledgeable and proactive tax professionals.
  • Jamie's Home Sweet Home
    A shout out to Talena she really cares her clients! Thank you for taking care of us!
  • Elizabeth Gutaj
    Highly recommend Jeffrey! He answers all of my questions and concerns and is so helpful and professional.
  • Evans family Learners Evans
    Great service Doug is wonderful and and helpful
  • Esther Lai
    This is our third or fourth year filing our taxes here, and we highly recommend them. Everyone is professional and friendly, and we always enjoy meeting with them during tax season. The client portal is also excellent and makes communication easy whenever we have questions. We will definitely continue filing our taxes here.
  • Curtis Burk
    That were able to take care of all our needs. They were friendly and professional.
  • Trish Duncan Amen
    Maggie is exceptional. She’s responsive, kind, and incredibly thorough. For the first time, I feel like I completely trust someone with both my personal and business tax preparation. She takes the time to explain things clearly and makes what can be a stressful process feel straightforward and manageable. I highly recommend Maggie to anyone looking for a knowledgeable and reliable accountant.
  • Josh Sohn
    I've been going to Paramount Tax for several years now. I started with them at a crucial time of building my business up and they have been there every step of the way!
  • Hayden Hunter
    I’ve worked with Paramount for the past four years and they’re great. The CPAs are very knowledgeable in helping me plan for my business needs.
  • Gary Price
    Outstanding experience. Great communication and understanding of tax law and strategies for each persons situation. Highly recommend. Talena and Douglas are truly awesome! 2/25/2026 - had another great experience with the tax team. Talena is awesome and got to work a new team member - Ryan Beal. The whole team is extremely competent, very professional and very attentive to clients needs. I highly recommend!
  • Mason Goodhand
    Had a fantastic “exploratory” chat today. They met all expectations for a technical expertise that goes beyond gathering and plugging in the numbers. I look forward to working with them in the years to come.
  • Alexander Khanin
    I am glad I found Jeff and Dough. They always put me at ease. They know their stuff and very professional!
Lehi, UT Tax Review

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Maximize your deductions and reduce your liabilities. Schedule with Paramount Tax & Accounting CPAs of Lehi today

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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 of Lehi, 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 Lehi. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting CPAs of Lehi!

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

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Lehi, UT Tax Services

Through dedication to the three underlying principles of professionalism, responsiveness and quality, Paramount is committed to providing outstanding service to our clients.

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Bookkeeping Services in Bountiful Paramount Tax is now offering financial and tax franchises across the US!

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Franchise Information Call: 801-784-6677