Murphy CPA Firm for S-Corps & Small Businesses
With 18+ years of experience helping business owners across the country, I bring specialized expertise to Murphy’s Retail, Healthcare, Professional Services economy. Whether you’re managing Limited commercial zoning creates competition for prime retail and office space or capitalizing on Affluent residential base with high disposable income supports service-based businesses, SDO CPA provides the virtual accounting support your business needs.
We offer cloud-based tax preparation, bookkeeping, payroll, and fractional CFO services designed for Murphy business owners who want proactive guidance — not just annual tax filing.
Key Takeaways: Murphy CPA Services
- Virtual CPA services — Full tax, bookkeeping, and advisory support without geographic limitations
- Texas tax expertise — Texas has no state income tax, but franchise tax (margin tax) applies to most businesses planning and multi-state compliance
- Industry focus — Specialized experience with Retail, Healthcare, Professional Services
- Transparent pricing — Upfront estimates starting at $300/month; if scope changes, we discuss it first
- Responsive support — Direct CPA access, same-day responses
Accounting & Tax Services in Murphy, TX
Murphy’s small-town character and median household income of $132,000 create a thriving environment for boutique retail and professional service businesses concentrated along FM 544 and Maxwell Creek Road. The city’s 1,200+ businesses benefit from Collin County’s lower property tax rates compared to Dallas County neighbors. SDO CPA helps Murphy healthcare providers navigate the complex tax treatment of medical equipment purchases, analyzing whether Section 179 expensing or bonus depreciation delivers better cash flow for practices investing in diagnostic equipment. For retail businesses in the Murphy Marketplace, we structure multi-member LLCs to allocate profits based on active participation while maintaining qualified business income deduction eligibility. Our team assists home-based professionals in establishing Augusta Rule strategies—renting their home to their S-Corp for business meetings up to 14 days annually tax-free. With limited commercial inventory, Murphy business owners often lease space in neighboring cities, creating multi-jurisdiction sales tax obligations that require careful nexus analysis and compliance planning.
Texas Tax Planning Tip
Texas doesn’t have a state income tax, but the Texas franchise tax (margin tax) applies to businesses with revenue above $2.47 million. S-Corp and partnership owners should analyze whether the E-Z Computation rate (0.331% of revenue) or the standard rate (0.75% of margin) produces a lower tax bill.
CPA Services for Murphy Businesses
Business Tax Preparation
Federal and Texas business tax returns for LLCs, S-Corps, partnerships, and sole proprietors.
Bookkeeping & Accounting
Monthly bookkeeping, bank reconciliation, and financial statements using QuickBooks or Xero.
Payroll Services
Full-service payroll processing, tax deposits, and quarterly filings through Gusto integration.
Tax Planning & Strategy
Proactive tax planning to minimize liability through entity selection, retirement contributions, and timing strategies.
Fractional CFO
Cash flow forecasting, budgeting, and financial strategy for growing Murphy businesses.
S-Corp Tax Services
Reasonable compensation analysis, QBI optimization, and S-Corp election guidance for Murphy business owners.
Common Challenges for Murphy Business Owners
Challenge
Murphy businesses often face Limited commercial zoning creates competition for prime retail and office space, making tax planning and cash flow management more complex than standard approaches allow.
Our Approach
We provide proactive tax planning and fractional CFO services tailored to Murphy’s business environment, helping you handle Limited commercial zoning creates competition for prime retail and office space with confidence.
Challenge
Many Murphy business owners struggle to get timely responses from their CPA, especially during busy seasons when questions are most urgent.
Our Approach
SDO CPA provides direct access to your CPA team with same-day response times. No call centers, no waiting weeks for answers.
Challenge
Tax preparation alone doesn’t help Murphy business owners understand their financial position or make informed decisions throughout the year.
Our Approach
We deliver monthly financial reports with actionable insights, helping you understand cash flow, profitability, and tax liability before year-end.
“SDO CPA helped our dental practice save $31,000 by implementing cost segregation on our build-out and restructuring our equipment purchases to maximize Section 179 deductions.”— David M., Dental Practice in Murphy
How to Get Started With SDO CPA
Schedule Your Free Consultation
Book a call to discuss your Murphy business, current financial setup, and goals.
Get Your Custom Proposal
Receive a clear proposal with upfront estimates — if scope changes, we discuss it first.
Seamless Onboarding
We connect to your QuickBooks or Xero and organize your books within 30 days.
Ongoing Partnership
Monthly reports, proactive tax planning, and year-round CPA access.
Why Murphy Business Owners Choose SDO CPA
Texas Tax Expertise
We understand Texas has no state income tax, but franchise tax (margin tax) applies to most businesses and help Murphy businesses maximize tax advantages while managing federal obligations and multi-state complexity.
Transparent Pricing
Clear monthly estimates for standard services. We scope your needs upfront and communicate before any additional work. See our pricing.
Cloud-Based & Virtual
Access your financials anywhere. We work with QuickBooks Online, Xero, Gusto, and Ramp to keep your Murphy business running smoothly.
S-Corp & Partnership Specialists
Our clients are pass-through entity owners. We handle reasonable compensation analysis, K-1 preparation, QBI optimization, and entity selection.
Responsive Communication
Get answers when you need them. Our team responds within one business day, and you’ll have direct access to your CPA.
Frequently Asked Questions
Resources for Murphy Business Owners
Also Serving Dallas-Fort Worth Metroplex
SDO CPA provides virtual CPA services to businesses throughout Dallas-Fort Worth Metroplex and Texas.
Ready to Work With a CPA Who Understands Murphy Businesses?
Schedule your free consultation today. We’ll analyze your tax situation and provide an upfront estimate with no obligation.
Schedule a Call