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Tax Preparation

We are one of the leading full service tax preparation accountingbookkeeping firms in Provo. 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 - 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 Tax Preparation 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.

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 801-515-3098

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