Accounting and Bookkeeping Services in Provo, Utah

Small business owners in Provo trust 1-800Accountant's virtual accounting services to handle their bookkeeping and tax needs, freeing up valuable time to grow their Utah ventures.

Trustpilot
400% ROI*
From small business services on average
25 Hours*
Saved during tax preparation
1 Million+*
Consultations delivered

Our Accounting Services for Provo Small Businesses

Business Tax Preparation: Have your taxes prepared and filed by a CPA with expertise in your industry so you're always confident in your business tax situation. Our CPAs, with more than 17 years of experience on average, can save you thousands annually when you delegate complex Provo tax preparation to them!

Bookkeeping: Solidify your financial base and manage cash flow with precise, error-free bookkeeping done for you that saves time and provides crucial insights that empower you to make important data-backed business decisions. This meticulous process delivers essential tools for interpreting data with easy-to-understand reporting, enabling your accountant to develop vital financial modeling.

Tax Advisory: Business tax considerations don't end in April. Through our affordable tax advisory service, you can receive the guidance you need when you need it year-round from a dedicated small business tax advisor. Strategic planning helps minimize your business tax liability in Utah throughout the year while ensuring compliance.

Payroll: Save hours each pay period with comprehensive payroll services handled for you, with regular tax submissions to the city of Provo, ensuring accuracy and freeing you to focus on other vital aspects of your business.

Business Formation: Enjoy the advantages of officially establishing your business in Utah with our complimentary incorporation services. Simply cover any Provo fees, and we will manage the rest. This puts you on a path to hiring employees and creating a business bank account as you experience the benefits of an optimized business structure and maximum tax savings.

Our Accounting Services for Provo Small Businesses
Provo, Utah - Tax Rates

LevelRate
State Tax Rate4.85%
County Tax Rate1.50%
Municipal Tax Rate1.10%
Combined Sales Tax Rate7.45%

Provo, Utah - City-Specific Taxes

City-Specific Taxes
Utah Corporate Franchise and Income Tax: A flat 4.85% tax on net income for corporations and S-corporations doing business in Utah. Annual returns and payments for calendar-year filers are due April 15; estimated quarterly payments are due April 15, June 15, September 15, and December 15.

Provo, Utah - Licenses and Permits

Licenses and Permits
All businesses operating in Provo must obtain a commercial business license from the city.
Home-based businesses require an additional home-based business permit beyond state registration.
Short-term rental owners need to secure a specific license under Provo City Code Chapter 6.33.
Special permits are required for mobile food vendors, door-to-door sales, and special events open to the public.
Any construction, structural changes, or remodeling requires a building permit from the Provo City Building Division.

Provo, Utah - Grants and Funding for Businesses

Grants and Funding in ProvoGrants and Funding Information
Commercial Facade Improvement ProgramThis Provo City grant helps businesses improve the appearance of buildings that are at least 30 years old. Businesses can receive up to $50,000 based on jobs created, with owners required to match every $3 of grant funds with $1 of their own. Eligible improvements include painting, ADA accessibility, signage, gutters, and more. Projects must create significant exterior improvements or meet other standards.
Rural Employment Development IncentiveThis state grant supports businesses creating new high-paying jobs in rural Utah communities, including areas near Provo. For 2025, quarterly application windows are available in August and November. The program specifically targets businesses expanding operations and creating employment opportunities in rural counties.
Enterprise Zone Tax CreditAn ongoing program promoting economic development and business growth in designated zones throughout Utah. Provo businesses in qualifying areas can receive tax credits for creating jobs, making capital investments, and providing employee health insurance. Applications remain open continuously with no specific deadline.
Rural Communities Opportunity GrantAvailable to rural counties, cities, and towns to support unique economic development projects that could benefit businesses in the broader Provo area. This competitive grant opens on September 15 and supports infrastructure improvements, workforce development, and other economic initiatives.

What to Look for in Provo, Utah Accounting and Bookkeeping Services

When choosing an accountant or bookkeeper for your Provo small business, you should consider the following factors:

Certifications and Utah Tax Compliance: Verify that your financial professional holds appropriate credentials such as CPA licensure and maintains good standing with Utah regulatory bodies. Look for professionals who demonstrate thorough knowledge of Utah's specific tax regulations, including the state's unique income tax structure and filing requirements for businesses operating in Utah County.

Tech Industry Experience: Given Provo's position within Utah's "Silicon Slopes," seek accountants familiar with tech startups, SaaS companies, and the unique financial challenges of rapid-growth technology businesses. A financial partner who understands equity compensation, R&D tax credits, and venture capital funding will prove invaluable for tech-focused entrepreneurs.

Education Sector Knowledge: With BYU's significant influence on the local economy, accountants who understand the financial interplay between educational institutions and local businesses offer specialized value. This includes familiarity with student demographics that drive seasonal business fluctuations and university-related tax considerations.

Tourism and Seasonal Business Expertise: Provo's outdoor recreation economy experiences significant seasonal shifts. Find accountants who can help manage cash flow during peak and off-peak periods, particularly if your business serves tourists visiting Utah Lake, Provo Canyon, or nearby ski resorts.

Local Business Network Connections: Choose professionals integrated within Provo's business community who can connect you with local resources, including Utah-specific small business development programs, Silicon Slopes networking opportunities, and BYU entrepreneurship initiatives.

Understanding of Utah Tax Incentives: Utah offers several business-friendly tax programs that a knowledgeable accountant can help you navigate. These include the Utah Rural Jobs Act tax credit, enterprise zone tax credits, and specific incentives for tech companies and manufacturers expanding operations in Utah County.

Familiarity with Local Economic Trends: Select an accountant who stays current with Provo's evolving economic landscape, particularly the growth in technology, healthcare, and education sectors. This awareness helps inform strategic financial decisions aligned with local market conditions.

BYU and Religious Business Calendar Awareness: Many Provo businesses experience unique scheduling patterns tied to BYU's academic calendar and religious observances. Your financial professional should understand how these local rhythms affect bookkeeping schedules, cash flow patterns, and business planning cycles.

Talk to a business tax expert today for all your tax needs in Provo.

Get big savings for your Utah small business by working with the professionals at 1-800Accountant. All it takes is a quick call - usually 30 minutes or less - to get started!

*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.

*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.

*Historical first-party data.