Source Advisors
Source Advisors is a US-based specialized tax advisory firm serving Fortune 1000 companies, multi-state businesses, real estate owners, and CPA firm partners with R&D tax credit, sales and use tax, property tax, cost segregation, energy tax incentive, and LIFO accounting services.
- Company typePrivate
- Founded1984
- HeadquartersFort Worth, United States
- Headcount101–250
- GTM typeB2B
- OfferingServices
What Source Advisors does
Source Advisors, operated by SOURCEHOV TAX, LLC, is a US-based specialized tax consulting firm founded in 1983-1984 and headquartered in Arlington, Texas. The firm delivers fee-based advisory services across R&D tax credits, sales and use tax, property tax, cost segregation, energy tax incentives (including 45L and 179D), LIFO inventory accounting, fixed asset consulting, and Section 174 R&E amortization. Its client base is composed of Fortune 1000 enterprises, multi-state businesses, real estate owners, and CPA firms; CPA partnerships are a central distribution channel, with Source Advisors positioned as a white-labeled extension of CPA practices rather than a competitor.
The technology stack is consultancy-native — tax domain expertise, technical documentation methodology, and integration with third-party compliance platforms such as Avalara AvaTax, Avalara Returns, and CertCapture. Source Advisors operates an Avalara Certified Services Partner and AvaTax Implementer program that reduces client implementation fees by 20%. The firm also operates a client portal, an R&D Tax Credit Software product, and the GOAT.Tax sub-brand for tax optimization, alongside an online presence that includes R&D Tax Credit, Nexus, and Cost Segregation Benefits calculators. Technical delivery is supported by an in-house bench of CPAs, attorneys, engineers, and technology specialists with Big 4 experience and an average of 8-15+ years of specialization.
Source Advisors generates revenue through fixed-fee professional services engagements priced by project scope (not by percentage of benefit) with a 40% retainer billed at engagement execution and the balance due on deliverable submittal. Tier-based milestone payments of up to 90% may apply where client information is delayed. GTM is consultative and sales-led: free feasibility analyses precede engagement, supported by content marketing, CPE courses, and CPA partner referrals. Growth is funded internally rather than via institutional capital, and the firm has executed four acquisitions since 2020 — Intrepid Advisors (2020-12), GovGrant (2023-03/04, UK), PMBA (2023-06, NY), and UPTG (2024-07, property tax) — to expand geography, verticals, and product surface. International operations now extend to the United Kingdom via GovGrant.
Source Advisors firmographics
Firmographics- Name
- Source Advisors
- Legal name
- SOURCEHOV TAX, LLC
- Website
- https://sourceadvisors.com
- Company type
- Private
- Founded year
- 1984
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- Source Advisors is a US-based specialized tax advisory firm serving Fortune 1000 companies, multi-state businesses, real estate owners, and CPA firm partners with R&D tax credit, sales and use tax, property tax, cost segregation, energy tax incentive, and LIFO accounting services.
- Ownership category
- akta.pro rank
Source Advisors industry classification
Industry- Product category
- Tax Consulting & Advisory Services
- NAICS
- Offices of Certified Public Accountants (541211)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Financial Reporting & Technical Accounting Advisory (GAAP/IFRS) (BPAHABAF)
- akta.pro secondary industry
- Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE) (EDAAALAJ)
Keywords
Where Source Advisors is headquartered
LocationHeadquarters
- HQ city
- Fort Worth
- HQ country
- United States
- HQ region
- North America
Offices2 records
Markets served
Source Advisors business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Technology or R&D
Revenue model
- Professional Tax Consulting Services: Source Advisors generates revenue through fee-based consulting engagements for tax credit optimization and tax advisory services. The company uses a fixed fee model based on project scope rather than percentage of benefit, with billing structured as 40% retainer at engagement execution and balance upon submittal of final deliverable.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Fixed fee engagement with 40% retainer at signing and balance due upon deliverable submittal. |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels10 records
Source Advisors product offering
Product offeringCore offering
Source Advisors is a tax consulting firm that identifies, documents, and defends specialized federal and state tax credit and incentive opportunities for businesses and CPA firm clients. Its core services span R&D Tax Credits, Sales & Use Tax compliance, Property Tax reduction, Cost Segregation, Energy Tax Incentives (45L, 179D, ITC/PTC), LIFO inventory accounting, Fixed Asset Consulting, and Section 174 amortization, delivered primarily through fixed-fee engagements.
Product overview
Source Advisors is a tax advisory firm offering a comprehensive suite of tax credit and incentive services through a unified platform approach. The core offering includes R&D Tax Credit Services, Sales & Use Tax Services, Cost Segregation Services, Property Tax Services, Energy Tax Incentive Consulting, Fixed Asset Consulting, LIFO Accounting, Section 174 Amortization, and Real Estate Tax Incentives. These services are delivered through multiple channels: direct taxpayer solutions, CPA Partner Services (a white-labeled platform for accounting firms), and online tools including R&D Tax Credit Calculator, Nexus Calculator, and Cost Segregation Benefits Calculator. The company also operates GOAT.Tax as a branded tax optimization platform and provides UK R&D Tax Credits through its GovGrant subsidiary. Recent acquisitions (United Paramount Tax Group, PMBA, GovGrant) have expanded the portfolio to include property tax reduction and state/local sales tax consulting.
Differentiator
Problem solved
Functional benefit
Brands
- GOAT.Tax: Tax-related service platform operated under Source Advisors
Products and services
- R&D Tax Credit Services Eligibility assessment, documentation, calculation, and audit defense for the federal and state R&D tax credit for businesses conducting qualified research activities. Targeted at Fortune 1000 and mid-market R&D-active enterprises in manufacturing, technology, life sciences, and engineering.
- Sales & Use Tax Services Multi-state sales and use tax consulting, compliance, nexus analysis, audit defense, and overpayment recovery for businesses operating across U.S. state lines. Includes Avalara AvaTax implementation through Source Advisors' Avalara Certified Services Partner status.
- Cost Segregation Services Cost segregation studies that accelerate depreciation on commercial and residential properties by reclassifying assets, generating immediate tax savings through bonus depreciation and shorter recovery periods. For commercial and residential real estate owners and developers.
- Property Tax Services
Quantifiable outcome
- Companies can typically claim 7-10% of qualified expenses as federal R&D tax credit
- +4 more outcomes
Companies that use Source Advisors
Customer profileNamed customers6 records
Segments5 records
Ideal customer profiles6 records
Source Advisors technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration1 record
Source Advisors partnerships and signals
Strategic signalPartnerships
Two partnerships are on record, tiered core.
- GovGrantcoreSource Advisors acquired GovGrant, a UK-based R&D tax credit consulting firm, as part of its global expansion strategy. The acquisition enhances Source Advisors' capacity to serve clients worldwide and strengthens its position in the R&D tax credit consulting industry. GovGrant continues to provide specialized R&D tax credit solutions with expanded global reach.
- AvalaracoreSource Advisors is an Avalara Certified Services Partner and one of a select group of official AvaTax Implementers. The partnership allows Source Advisors to reduce implementation fees by 20% for clients and provides comprehensive sales and use tax compliance solutions through Avalara's automated platform with 700+ pre-built integrations.
Scale indicators3 records
Recent moves6 records
Expansion highlights6 records
Source Advisors competitors and assessment
Company assessmentDirect peers
- KBKG: A specialized R&D tax credit and cost segregation firm with a similar CPA-channel white-label model and Fortune 1000 client base — the closest direct competitor to Source Advisors.
- Ryan, LLC: Large tax services and property tax consulting firm offering credit, incentives, and compliance work; directly comparable to Source Advisors' multi-state tax and property tax practices.
- Tax Credit Co. Boutique R&D tax credit consultancy serving technology and life sciences clients — directly competing for the same R&D credit wallet as Source Advisors.
- Alliant Group: Houston-headquartered tax credit and incentives consultancy serving mid-market and enterprise clients; directly overlapping with Source Advisors' R&D, energy, and cost segregation practices.
Broad incumbents
- Cherry Bekaert: Top-25 accounting firm with a tax incentives practice and CPA referral model similar in spirit to Source Advisors' CPA partnership distribution.
- BDO USA: Top-10 accounting firm with dedicated R&D tax credit and credits & incentives practices that overlap meaningfully with Source Advisors' service portfolio, though BDO operates broadly across audit, tax, and advisory.
- Andersen Tax: National tax and advisory firm with dedicated credits & incentives practice competing for multi-state and R&D credit engagements of the type Source Advisors handles.
- RSM US: Mid-market-focused accounting firm running a tax credits & incentives practice comparable to Source Advisors' R&D and energy credit services, with similar enterprise client profiles.
- Eide Bailly: Top-25 US accounting firm with a tax incentives and credits practice serving mid-market clients — overlapping with several of Source Advisors' service lines.
- Withum: Mid-market accounting firm with credits & incentives services targeted at the same enterprise and CPA-firm-referred clients that Source Advisors serves.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks5 records
Key highlights6 records
Customer concentration
Source Advisors social profiles
Digital presenceSource Advisors financial estimates
Financial estimateRevenue estimate
Valuation estimate
Source Advisors leadership team
Management profileNumber of profiles
Profiles9 records
Source Advisors subsidiaries and ownership
Company hierarchySubsidiaries3 records
Source Advisors funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Source Advisors M&A and investment
M&A and investmentM&A4 records
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Source Advisors
What does Source Advisors do?
Source Advisors is a tax consulting firm that identifies, documents, and defends specialized federal and state tax credit and incentive opportunities for businesses and CPA firm clients. Its core services span R&D Tax Credits, Sales & Use Tax compliance, Property Tax reduction, Cost Segregation, Energy Tax Incentives (45L, 179D, ITC/PTC), LIFO inventory accounting, Fixed Asset Consulting, and Section 174 amortization, delivered primarily through fixed-fee engagements.
Is Source Advisors a public or private company?
Source Advisors is a private company. It is classified as management employee owned and is currently operating.
When was Source Advisors founded?
Source Advisors was founded in 1984. It employs 101 to 250 people.
Where is Source Advisors based?
Source Advisors is headquartered in Fort Worth, United States, in the North America region.
How does Source Advisors make money?
One revenue line is on record: professional Tax Consulting Services.
Who are Source Advisors's main competitors?
Direct peers on record are KBKG, Ryan, LLC, Tax Credit Co. and Alliant Group. Broad incumbents are Cherry Bekaert, BDO USA, Andersen Tax, RSM US, Eide Bailly and Withum.
Does Source Advisors have an API?
No public API is recorded for Source Advisors.
What industry is Source Advisors in?
Source Advisors's product category is Tax Consulting & Advisory Services. Its primary akta.pro industry code is BPAHABAF, Financial Reporting & Technical Accounting Advisory (GAAP/IFRS), with a secondary code of EDAAALAJ, Financial Services & Insurance (FINRA, CFP, IAR, Insurance CE). Its NAICS code is 541211 and its SIC code is 6282.