Business Incorporation Services in Lehi, UT

Thinking of owning your own business?

Opening your own business is exciting and thrilling. It's everything that comes after the excitement and thrill has worn off that dictates whether a small business will make it or not. It's up to you to maintain and stretch out the "thrill and excitement" period forever.

A methodical plan of action is needed to fulfill your dream or goal of being your own boss and running a successful business. Success lies in the approach you choose to take. As one of the top AccountingBookkeeping firms in Lehi, we help you avoid the common pitfalls that many new small business owners make when starting their new venture.

Our tax accountantsadvisors in Lehi help you...

Prepare an initial business plan to clarify your marketing, management, and financial plans.
Determine your start-up capital needs.
Identify sources of start-up capital and backup sources if needed.
Evaluate and quantify your borrowing power so you know how much money you can get your hands on if needed.
Select a business structure that best fits your needs by evaluating tax advantages, legal exposure, ease of operation and portability should you need to relocate.
Select the right accountingbookkeeping software by evaluating your budget, needs and hardware.
Prepare a Cash Flow Budget so you know exactly how much money you need to keep the business alive each month for the first few years. Unplanned cash requirements are always emotionally painful.
Establish billing and collection procedures to maximize your cash flow.
Establish procedures to monitor and control costs.
Setup a home office so you can maximize your tax deductions.
Prepare and file all required state and local licenses and permits.
Prepare and file your application for your Federal Employer Identification Number.
Provide payroll and payroll tax filing when you bring on your first employee.
Comply with employment laws so you don't get hit with fines and unhappy employees.
Identify your business insurance needs.
Develop a solid Partnership Agreement. This is an extremely important document for all new partnerships and will help prevent a tremendous amount of financial and emotional problems down the road.

Let us help you succeed by getting your new business off to a good strong start.

Contact Paramount Tax & Accounting CPAs of Lehi and to see how we can help you succeed by getting your new business off to a good strong start. Please complete the form below to learn more about our New Business Formation Services.

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Lehi tax preparation

Paramount Tax & Accounting CPAs of Lehi tax accountant

Paramount Tax & Accounting CPAs of Lehi specializes in Employee Stock Options

Call 801-893-4965 today!

It was a great experience. Touched on all neccessary paper work to make filings easy.

— Jerry Rice, Posted January 27th 2025 on google

Jeff and his team are very knowledgeable and professional. Very glad to be working with them and would highly recommend them to anyone for taxes or bookkeeping.

— Brett Lamoreaux, Posted January 17th 2025 on google

Awesome service and tax planning

— Giulio Albini, Posted December 4th 2024 on google

It was wonderful to get Jeff’s expertise and guidance as I navigate my business plans & associated taxes. Thank you!

— Carol Powell, Posted November 26th 2024 on google

My taxes are super complicated with multiple entities. Jeff and Doug meets with me multiple times a year and helps me strategize the best course of action with my companies. Highly recommend!

— Joshua Taylor, Posted November 21st 2024 on google

Jeff and his team are the best! They explain why their strategies work and I refer my own clients to him because I know I can trust he'll always take care of them.

— Sean Knudsen, Posted November 15th 2024 on google

Our initial meeting with Amanda helped us feel that we will get through our difficult situation. We feel confident that this team knows what they are doing and have our best interests in mind.

— Lauren Warren, Posted November 11th 2024 on google

Jeff answered my questions thoroughly and conscientiously. Very professional and friendly. Great communicator.

— Rene Killpack, Posted November 6th 2024 on google

Very kind, patient, and trustworthy!

— Jeff Cope, Posted November 6th 2024 on google

Jeffery was incredibly helpful! He answered questions I didn't know I had and provided options that I didn't know were available. I highly recommend chatting with him!

— Alexis Pickett, Posted November 4th 2024 on google

Jeff is the best. Highly recommend using these guys.

— Dr. Jesse Fox, Posted November 4th 2024 on google

Been working with Doug & Talena since last year and they go above and beyond. I was worried about my tax business tax bill last year and it came in much lower than I anticipated. They even recommended ways I could set a few things up on my own to save money. Highly recommend working with Paramount!

— Ryan Moody, Posted October 31st 2024 on google

Quick and complete answers to my questions and also helped me with an issue I didn’t know was coming my way. Thanks Jeffery!

— Lucas Shane, Posted October 29th 2024 on google

We had our first meeting with Amanda and she was very professional. She did a good job of walking us through options on our current structure, along with different options on how to save money on our taxes moving forward.

— Tiny House Movement, Posted October 22nd 2024 on google

Fantastic team that is very competent and friendly. Always find solutions around our tax needs. Been using them for 3 years.

— Jacob Neeley, Posted October 22nd 2024 on google

Jeff & his team are amazing!

— Lisa Loveless, Posted October 18th 2024 on google

Great experience. Met with Doug Bean. He was knowledgeable, friendly, and took the time to answer all our questions.

— Tyler Hodgson, Posted October 10th 2024 on google

Great people! They were very helpful and made the process easy, even with us forgetting multiple documents we needed. It was nice to be able to get tips on how we can set ourselves up better for next year as well. Highly reccomend!

— Sara McWherter, Posted October 4th 2024 on google

The team knows their stuff, and took into account a lot of my needs and concerns. I felt heard and am not worried about taxes moving forward.

— Jared Peiffer, Posted September 23rd 2024 on google

I had an initial consultation with Jeff about some semi complicated tax issues. He was knowledgeable and helpful and I will likely reach out to Paramount in the future for tax/planning services.

— Ian Robertson, Posted September 12th 2024 on google

Free 3-Year Tax Review

We review 3 years back to find errors / missed deductions.

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 Business Incorporation 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!

Free Consultation 801-893-4965

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

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