University Park CPA Firm for S-Corps & Small Businesses

Accounting & Tax Services in University Park, TX

University Park’s 1,200+ businesses serve one of the nation’s wealthiest communities, with median household incomes exceeding $250,000 and Southern Methodist University creating demand for high-end professional services along Hillcrest Avenue and Snider Plaza. The city’s restrictive zoning and limited commercial space create premium lease rates—office space commands $40-50 per square foot—but attract affluent clientele willing to pay for expertise. SDO CPA helps University Park professional service providers structure multi-partner LLCs and S-Corps to optimize income allocation while preserving qualified business income deduction benefits for high-earning professionals. For healthcare practices serving the Park Cities market, we analyze whether real estate ownership through separate entities reduces overall tax liability when considering building depreciation, triple-net lease income, and professional liability exposure. Our team assists wealth managers and family offices in implementing sophisticated tax strategies including charitable remainder trusts, private foundations, and dynasty trusts that serve ultra-high-net-worth University Park residents. With SMU attracting international students and faculty, we help professional service firms navigate the tax implications of serving non-resident alien clients, including FIRPTA withholding and treaty position reporting.