CPA in Southlake, TX for practices, firms and small businesses
Books, tax returns and payroll for DFW medical practices, professional firms, architects and real estate, from a licensed CPA on East Southlake Blvd.
Which businesses do you work with?
Owner-run firms where the owners do the work: practices, studios, agencies and brokerages across DFW. Each kind of business has its own filings and one tax question that comes up every year. Here is what we handle and where we start.
Medical and dental practices
Physicians, dentists, therapists and other licensed providers who own their practice as a professional association (PA) or PLLC.
What we handle
- Practice bookkeeping and payroll
- Owner pay and S-Corp review
- Equipment purchases and depreciation
The question we see most
A medical practice is a specified service business, so the 20% qualified business income (QBI) deduction phases out as income rises. For 2026 the phase-out starts at $201,750 of taxable income, or $403,500 filing jointly. Owner salary, retirement contributions and timing decide how much of it you keep.
S-Corp election for a practiceProfessional services firms
Law offices, consultants, engineers, marketing and IT firms where the owners bill their own time.
What we handle
- Billing, receivables and collections
- Partner and member allocations
- Quarterly estimated taxes
The question we see most
A multi-member LLC or partnership files Form 1065 by March 15 and gives every partner a K-1, and the IRS charges a penalty for each partner for each month the return is late. We close the books in January so returns and K-1s go out on time.
Receivables and payablesArchitecture and design firms
Architecture, interior design and engineering studios paid by project fee or retainer.
What we handle
- Profit by project
- Retainers and work in progress
- Consultant 1099s
The question we see most
The Section 179D deduction for energy-efficient commercial buildings is closed to projects whose construction began after June 30, 2026. Designers of government or nonprofit buildings that broke ground earlier can still claim it through an allocation letter from the owner, so keep the start-of-construction records.
Business tax returns and planningReal estate agents, brokers and investors
Agents and brokerages paid on commission, and owners of rental property across DFW.
What we handle
- Commission income and 1099s
- Mileage, marketing and brokerage fees
- Rental depreciation on Schedule E
The question we see most
Agents usually receive a 1099-NEC and pay self-employment tax on every commission dollar, so an S-Corp can pay off once profit is steady. Rental buildings depreciate over 27.5 years (residential) or 39 years (commercial); a cost segregation study can move part of that into the first year.
When an S-Corp paysOther owner-run small businesses
Service, retail and trade businesses with a handful to a few dozen employees.
What we handle
- Monthly bookkeeping
- Payroll and payroll tax
- Texas sales and franchise tax
The question we see most
Most Texas entities owe no franchise tax when revenue is at or under the no-tax-due threshold, $2.65 million for the 2026 and 2027 reports, but they still file a Public Information or Ownership Information Report by May 15. Missing it can cost the company its right to do business in Texas.
Bookkeeping services
Which DFW cities do you serve?
Our office is in Southlake, between DFW Airport and Alliance. Clients in the neighboring cities often meet us in person; clients elsewhere in Dallas–Fort Worth usually work with us by video and secure upload.
Southlake
Our office, at 1560 E Southlake Blvd.
Grapevine
Next door, toward DFW Airport.
Colleyville
A neighboring city to the south.
Keller
A neighboring city to the west.
Trophy Club and Westlake
Neighbors to the northwest.
Roanoke
A short drive west on State Highway 114.
Dallas, Fort Worth and the rest of DFW
By video, phone and email, or in the office when you prefer.
Working outside Texas too? We also prepare returns in other states where you have nexus.
What are the business tax deadlines each year?
Most filings for a practice or small firm fall on a handful of dates. We put them on one calendar per client, so books are closed before each date instead of the week of it.
- January 31
W-2s and 1099s
Wage forms to employees and 1099-NEC to contractors, both filed with the government, plus the fourth-quarter payroll return.
- March 15
Partnership and S-Corp returns
Form 1065 or 1120-S, and K-1s to owners, or an extension to September 15.
- April 15
Individual and C-Corp returns
Form 1040 and Form 1120, or an extension to October 15, plus the first quarterly estimate.
- May 15
Texas franchise tax report
The franchise tax report and the Public Information or Ownership Information Report.
- September 15 and October 15
Extended returns
Extended partnership and S-Corp returns, then extended individual and C-Corp returns.
- November and December
Year-end planning
A meeting while there is still time to buy equipment, set owner pay or fund a retirement plan.
Quarterly estimated tax is also due June 15, September 15 and January 15. See our business tax services for the full list of returns we prepare.
How should a practice or small firm plan before December 31?
The One Big Beautiful Bill Act, signed July 4, 2025, made several business breaks permanent or larger. A planning meeting in November or early December leaves time to act on them.
Owner pay and the QBI phase-out
For doctors, lawyers, consultants and other specified service owners, the 2026 QBI phase-out runs from $201,750 to $276,750 of taxable income ($403,500 to $553,500 joint). Salary, retirement plan contributions and timing can keep you under it.
Equipment and vehicles
The Section 179 limit is $2.56 million for 2026, and 100% bonus depreciation is permanent for property acquired after January 19, 2025. Medical and design equipment bought before year-end counts this year.
Contractor reporting
The 1099-NEC threshold rose from $600 to $2,000 for payments made in 2026. Collect W-9s now so January is quick.
Meet your CPA in Southlake
Bring your records to the office, or book a video call. The first consultation is free.
Book a free consultation- Hours (US Central)
- Monday to Friday, 9 am to 6 pm
Questions local business owners ask
Where is your Southlake office?
We are at 1560 E Southlake Blvd, Suite 155, Southlake, TX 76092, about 10 minutes from DFW Airport. Open Monday to Friday, 9 am to 6 pm. Call 682-990-8750 to set a time.
Do I have to come in person?
No. Many clients meet us in the office for the first visit, then send records through a secure upload and join calls. Others across DFW work with us fully online.
Should my medical or dental practice be an S-Corp?
Often, once profit is steady and well above a reasonable salary for your role. The practice pays you a W-2 salary and the rest passes through without self-employment tax. We model the salary, the added payroll cost and the QBI phase-out for your income before you elect.
Does a Texas medical practice owe franchise tax?
It files the report every May 15 like other entities. Texas also lets health care providers exclude certain Medicare, Medicaid and other public program payments from revenue, which can lower the tax or remove it. We check whether your practice qualifies each year.
Do you work with real estate agents paid on 1099?
Yes. We track commissions, brokerage fees, mileage and marketing costs, set quarterly estimates and review whether an S-Corp makes sense. We also prepare Schedule E for agents who own rentals.
Can you catch up books from previous years?
Yes. Many firms come to us with months or years of unreconciled books. We rebuild them from bank and card statements, then file any late returns and move you onto monthly bookkeeping.
Do you handle Texas franchise tax reports?
Yes. The report is due May 15 each year. For the 2026 report, businesses with annualized revenue of $2.65 million or less owe no tax, but they still file an information report. We check the threshold and your revenue each year.
Do you serve Chinese-speaking clients?
Yes. Max Lin, CPA, works in English and Mandarin and has been licensed since 2013.
Talk to a Southlake CPA
Tell us what your business does, how it is set up and which city you are in. We reply by email or phone.
- Phone
- Office
- 1560 E Southlake Blvd, Suite 155Southlake, Texas 76092
- Hours
- Monday – Friday: 9:00 – 18:00Saturday & Sunday: Closed