New Business Formation Services in Provo, 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. A professional Certified Public AccountantBookkeeper in Provo will help you avoid the common pitfalls that many new small business owners make when starting their new venture.

We 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, one of the top Provo accountingbookkeeping firms, 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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Provo, UT tax preparation

Paramount Tax & Accounting CPAs Provo tax accountant

Call 801-515-3098 today!

Paramount has been so patient and flexible with me making sure that I understand every part of the process and getting me as much of a return back as possible. I could not be more thrilled!

— Karilee Park, Posted June 12th 2024 on google

Ashley is awesome. She knows more tax strategies then I even knew existed. After speaking with her I'm very confident that I will not be paying the taxes I have been paying in the past. Great job Ashley!!

— Shawn Hammer, Posted May 31st 2024 on google

Ashley is very knowledgeable and very expert in tax law. I knew I was in good hands. We got my tax return prepared and then she helped me with some great strategies and best practices for the future. I would highly recommend her as a personal and business tax advisor.

— Lori Hicks, Posted May 1st 2024 on google

This group of people are very helpful and patient and willing to Answer so many questions

— Boogiedownbarbershop, Posted April 18th 2024 on google

Met with Ashley Jefferies. She is the best! Super knowledgeable, answered all my questions, and added helpful insights I hadn’t considered. 💯 recommend both her and Paramount.

— Ben Phillips, Posted November 30th 2023 on google

So easy! So helpful and friendly service! I especially appreciated working with Ashley!

— Amy Fallon, Posted April 5th 2024 on google

I worked with Kacey, very professional and attentive to detail. I highly recommend paramount account to anyone who needs tax and accounting services!

— MAYRA SARMIENTO - VWC, Posted March 27th 2024 on google

Jeffrey and his team at Paramount are great. They make the whole process of filing as easy as it can be. The process is online/virtual so if you're out of state, it's no problem. My husband and I have been filing our Arizona business and personal taxes with him since 2022 and it's been smooth sailing. Plus, the added s...

— A Parker, Posted March 25th 2024 on google

They do a great job of my taxes and are always ready for questions I have. They are prompt courteous and very knowledgable. They work both in person and virtually, which helps with busy schedules.

— Benjamin LaFleur, Posted March 18th 2024 on google

Candie and Ashley were absolutely wonderful giving me pointers on some issues I was stuck on! The 30 minute consult was jammed packed with great info and I will definitely be utilizing their expertise in the future. Worth its weight in gold! Thank you ladies!

— Jinelle Barrow, Posted March 13th 2024 on google

Super helpful. I worked with Jeff and Kacey and they really know their stuff. They saved me tons of money. Super easy to work with.

— Josh Ericksen, Posted March 6th 2024 on google

Ashley Jefferies was such an awesome person to work with! I had so many questions, and even realized in my short about of time with her that I was under the wrong business entity, she told me how to go about changing things and told me what I needed to know and hear. I will be definitely filing my taxes with them!

— Shelby Lasley, Posted December 19th 2022 on google

Quickbooks is like a different language to me, and Ashley was so patient with us and explained it in terms that we would understand. She listened to our needs and was so attentive and helpful.

— Jenny Bullock, Posted March 6th 2024 on google

Amazing!!! They are the best for sure!!!! I finally found the company that I can trust to do my taxes!

— Alice Dantas, Posted March 4th 2024 on google

Very professional and attentive to detail. I️ felt like they really cared about making sure my tax filing was done correctly and that I️ understand what strategies they used. Highly recommend.

— Logan Gardner, Posted February 27th 2024 on google

They have done my taxes for the last few years. They have been prompt, helped me understand my taxes, and even strategized with me.

— Kenyon Petersen, Posted December 28th 2021 on google

They did a great job helping with out taxes! They helped us write off everything we could and spend lots of time answering our questions

— Kolten Bramall, Posted February 14th 2024 on google

Always amazing working with these guys. The process is easy, straightforward and quick.

— Alexis Ericksen Proksch, Posted February 9th 2024 on google

My experience at this firm has been exceptional. They are very professional, savvy, and organized. I highly recommend them for anyone with a business or who have dependents with special needs

— Debbie Hema, Posted February 5th 2024 on google

I feel very grateful to have found Paramount and Ashley.

— Kate Hooley, Posted January 16th 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 Provo, 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 Formation firm in Provo. So when you ask yourself, "Where can I find accountingbookkeeping services near me?"... think no further than Paramount Tax & Accounting CPAs Provo!

Free Consultation 801-515-3098

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

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