Source Advisors acquires United Paramount Tax Group

Source Advisors, a Fort Worth, TX-based specialty tax consulting firm, has acquired United Paramount Tax Group (UPTG), an Arlington, TX-based property tax consulting firm.

Founded in 1996, UPTG specializes in real property tax reduction services and business personal property tax management. The firm has extensive experience researching and analyzing property, protesting property values, and attending formal and informal hearings for clients in Texas and across the United States.

UPTG has nine employees listed on its website.

"The acquisition of UPTG is a significant addition to our service offerings. We recognize the challenges property owners face in managing their property taxes,” said Chris Henderson, CEO of Source Advisors. “With UPTG's expertise and proven track record in reducing tax burdens, we are now positioned to support our clients in this critical area. This partnership will integrate our capabilities and extend our reach, providing a one-stop solution for all tax-related needs."

Source Advisors was founded in 1983 and advises CPA firms and their clients on federal and state tax incentives, with consulting and software expertise in R&D tax credits, costs segregation, and LIFO, among other areas. The firm has over 280 professionals across the US and UK.

"We are excited to bring our property tax management expertise to Source Advisors,” said Chad Blacklock, CEO of UPTG. “Our experience in representing property owners and ensuring equitable taxation complements Source Advisors' comprehensive tax services.”

Boston-based BV Investment Partners acquired a majority stake in Source Advisors in April 2022.