Paramount Tax and Accounting Franchise — Veteran Cost & Requirements (2026)
Build a tax and accounting practice that helps local families and businesses thrive. This home-based opportunity combines professional expertise with modern marketing to create a year-round revenue stream beyond just tax season.
Investment at a Glance
Military Fit Score
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What Is Paramount Tax and Accounting?
Founded in 2008 by Jon Wilhelm, who at the time had decades of executive leadership and CPA Experience, Paramount Tax blends marketing and professionalism in a unique way with its interactive tax prep and accounting services model. Tax returns that are completed and reviewed by an accredited tax professional to ensure accuracy. Paramount Tax and Accounting also offers a wide array of accounting services, ancillary financial planning, estate, and strategic business planning.
Tax return preparation, tax resolution, and accounting services franchise offering comprehensive financial services to individuals and businesses.
Quick Facts
Founded
2008
Franchising Since
2017
Total Locations
102
Headquarters
Utah
Location Type
Home-Based
Semi-Absentee
No
SBA Approved
Yes
Paramount Tax and Accounting Franchise Cost Breakdown (2026)
The total investment to open a Paramount Tax and Accounting franchise starts at $74,100. Here's what that covers and what you'll need to qualify.
Investment Breakdown
| Item | Low | High |
|---|---|---|
| Initial franchise fee | $40,000 | $40,000 |
| Real Estate / Rent (3 months of rent, plus a security deposit) | $0 | $12,000 |
| Utilities (initial setup plus 3 months) | $0 | $3,000 |
| Leasehold Improvements | $0 | $10,000 |
| Initial Marketing | $0 | $5,000 |
| Startup Package | $20,000 | $25,000 |
| Furniture, Fixtures, and Equipment | $0 | $5,000 |
| Insurance | $500 | $3,500 |
| Signage | $0 | $3,000 |
| Office Expenses | $0 | $2,000 |
| Supply Inventory | $0 | $2,000 |
| Licenses and Permits | $0 | $1,000 |
| Dues and Subscriptions | $700 | $2,000 |
| Professional Fees (lawyer, accountant, etc.) | $0 | $3,000 |
| Travel, lodging and meals for initial training | $2,500 | $4,000 |
| Additional funds (for first 3 months) | $10,000 | $45,500 |
The initial franchise fee is $40,000, with a startup package running $20,000-$25,000 for essential systems and training. The total investment ranges from $73,700 to $166,000, which includes everything needed to be fully operational – working capital, marketing, insurance, and professional fees. The ongoing royalty is 10% of gross sales, plus at least 1% for the marketing fund. There's also a $300 monthly technology fee that covers your business management systems. The investment level suggests you'll need solid liquid capital, but SBA financing is available to help manage the startup costs.
Beyond your initial investment, you'll pay a 10% of gross sales royalty on gross sales plus a Currently 0%; franchisor may require up to 2% of gross sales marketing contribution. The true monthly cost of ownership includes additional fees most buyers don't account for until they're already in.
→ We break down your realistic monthly overhead during your consultation.
What Do Paramount Tax and Accounting Franchise Owners Make?
Paramount Tax and Accounting includes an Item 19 Financial Performance Representation in their Franchise Disclosure Document — which means they voluntarily share revenue and earnings data from their franchise system.
Not every franchise provides this level of transparency. The fact that Paramount Tax and Accounting does tells you something about their confidence in franchisee performance.
But raw numbers don't tell the full story. What matters is how those numbers apply to your market, your investment level, and your operating model.
Want the Full Financial Picture?
We've analyzed Paramount Tax and Accounting's FDD and can walk you through what the numbers actually mean for someone with your background and budget.
See If This Franchise Fits Your GoalsFree 30-min consultation. We earn nothing unless you find the right fit.
Why Veterans Succeed with Paramount Tax and Accounting
Running a professional services firm demands the same kind of disciplined leadership that defined your service – building trust, maintaining standards, and delivering consistently excellent results. The systematic approach to tax preparation and client service mirrors the standard operating procedures you're used to following and enforcing. This isn't just about doing taxes – it's about being a trusted advisor in your community. The same commitment to service that drove you in uniform translates perfectly to helping families and business owners navigate their financial futures. You're building something that matters, with real impact on people's lives.
Military Fit Analysis
Military Fit Score
Best Suited For
Former officers and senior NCOs who managed teams and operations tend to excel here, as do those with experience in finance, logistics, or administrative leadership. The key is comfort with detailed procedures and documentation, plus the ability to build and lead a professional team.
Is Paramount Tax and Accounting the Right Franchise for Your Background?
Every veteran's transition is different. Your MOS, leadership experience, and financial goals all factor into which franchise makes sense. We've helped veterans across every branch find franchise businesses that match their strengths — not just their budget.
Find Your Franchise FitTalk to a veteran franchise consultant who's been where you are.
Paramount Tax and Accounting Training & Support
Initial training covers topics such as business setup, strategic planning, approved services and software, tax preparation practices, electronic filing, ethics, invoicing, office management, contracts, safety, computer/software, customer service, marketing, hiring, and record keeping. It is conducted in Salt Lake County, Utah or via virtual video conference.
Training runs 16 hours classroom + 26-66 hours virtual/online and covers operations, marketing, sales, and systems.
Frequently Asked Questions About Paramount Tax and Accounting
How much does a Paramount Tax and Accounting franchise cost?
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Does Paramount Tax and Accounting offer a veteran or military discount?
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Is Paramount Tax and Accounting a home-based franchise?
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Can you run a Paramount Tax and Accounting franchise semi-absentee?
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What do Paramount Tax and Accounting franchise owners make?
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Is Paramount Tax and Accounting a good franchise for veterans?
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What is Paramount Tax and Accounting's FDD and where can I read it?
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Your Next Chapter Starts with a Conversation
You've done the research. You've looked at the numbers. Now the question is whether Paramount Tax and Accounting — or one of 500+ franchises in our network — is the right fit for where you're headed.
In 30 minutes, we'll cover:
- Whether this franchise matches your skills & goals
- What the FDD reveals that most buyers miss
- Your true cost after veteran discounts & financing
- 2-3 alternative franchises worth comparing
Free. No obligation. Veteran to veteran.
Book Your Free Strategy Call