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In this paper we analyze the high gain, high efficiency tapered free-electron laser amplifier with a prebunched electron beam. Simple scaling laws are derived for the peak output power and extraction efficiency and verified using 1D simulations. These studies provide useful analytical expressions which highlight the benefits resulting from fine control of the initial conditions of the system, namely the initial electron beam bunching and input seed radiation. When time-dependent effects are included, the sideband instability is known to limit the radiation amplification due to particle detrapping. We discuss two different approaches to mitigate the sideband growth via 1-D time dependent simulations. We find that a more aggressive taper enabled by strong prebunching and a modulation of the resonance condition are both effective methods for suppressing the sideband instability growth rate.