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Oklahoma: Why Hiring an Expert CPA is Essential for Saving Money on Taxes in the state

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Why are online CPAs a better option in Oklahoma ?

Anyone who has used the services of Oklahoma CPA firms is probably familiar with the expensive and time-consuming process of searching through your records for anything pertaining to taxes, like receipts, spreadsheets, band statements, etc., and bringing it all to the office of a CPA offering tax services in Oklahoma. Then you go through everything with the CPA for several hours or more until the CPA has prepared your tax return. After that, you would need to sign the papers authorizing the Oklahoma CPA to file your taxes in your state and pay the CPA a significant sum of money for their services. If you're lucky, you would receive an IRS tax refund some weeks later that would be at least as much as your fee for the CPA services. This is no longer the only option for taxpayers to have access to the services of a tax expert that can help them navigate the complicated process of filing taxes and hopefully save them money, too. Digital technology and the internet have revolutionized every aspect of our lives, including how we file taxes, and you can now find online CPA firms in Oklahoma that are more efficient and cost-effective than any brick-and-mortar Oklahoma CPA firms. It may not be a surprise that Oklahoma CPA services online are available and may be a better option, considering the fact that we can have a video call with a friend 2,000 miles away or order just about anything in the world to be delivered to our homes. One thing not everyone knows, however, is that keeping manual records of your deductible business expenses and keeping all your receipts is no longer necessary to file your taxes. There's an app for that, and online CPA services in Oklahoma are part of it. And this app uses A.I. to automatically track and keep a record of all your expenses, so it can identify each and every tax write-off. When it's time to file your taxes, records of every transaction and every tax deduction are already stored in the app. And, FlyFin's team of expert tax CPA consultants is there for you anytime you need them in the app. They're available for unlimited questions about your deductions, tax filing or any tax question with over 100 years of combined experience in freelancer taxes. Their deep knowledge of the Oklahoma tax system extends to business incorporation structures such as LLCs, S Corps, C Corps, sole proprietorships and partnerships.

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Facts and figures about
taxes in Oklahoma

7,774

CPAs across the state

oklahoma
population

3,959,353

Residents as of 2022

population

217,790

People claiming self- employment tax deductions

population

100,120

S-Corps statewide

population

111,820

People taking itemized deductions

population

212,360

People claiming the QBI deduction

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How to set up an LLC in Oklahoma

Oklahoma State Income Tax Rates & Brackets for 2023

The following tables represents Oklahoma's income tax rates and tax brackets:

SINGLE FILER

Brackets

Rates

$0 - $1,000

0.25%

$1,000 - $2,500

0.75%

$2,500 - $3,750

1.75%

$3,750 - $4,900

2.75%

$4,900 - $7,200

3.75%

$7,200+

4.75%

MARRIED FILING JOINTLY

Brackets

Rates

$0 - $2,000

0.25%

$2,000 - $5,000

0.75%

$5,000 - $7,500

1.75%

$7,500 - $9,800

2.75%

$9,800 - $12,200

3.75%

$12,200+

4.75%

Filing Status

Standard Deduction Amt.

Single

$6,350

Couple

$9,525

Oklahoma State Sales Tax Rates for 2023

County

Tax Rate

Adair County

10.65%

Alfalfa County

9.75%

Atoka County

10.25%

Beaver County

9.75%

Beckham County

9.85%

Blaine County

10.38%

Bryan County

9.38%

Caddo County

10.50%

Canadian County

9.85%

Carter County

10.38%

Cherokee County

10.25%

Choctaw County

10%

Cimarron County

9.50%

Cleveland County

10.00%

Coal County

9.50%

Comanche County

9%

Cotton County

9.50%

Craig County

9.50%

Creek County

10.67%

Custer County

11%

Delaware County

10.65%

Dewey County

10.25%

Ellis County

10.50%

Garfield County

9.35%

Garvin County

10%

Grady County

10%

Grant County

9.75%

Greer County

9.50%

Harmon County

10.50%

Harper County

9.50%

Haskell County

10%

Hughes County

10.50%

Jackson County

9.75%

Jefferson County

9.50%

Johnston County

10%

Kay County

10.42%

Kingfisher County

10.75%

Kiowa County

9%

Latimer County

9.75%

Le Flore County

10.50%

Lincoln County

9.50%

Logan County

9.31%

Love County

10%

Major County

10.25%

Marshall County

9.50%

Mayes County

10.88%

Mcclain County

10.25%

Mccurtain County

10.25%

Mcintosh County

10.50%

Murray County

9.50%

Muskogee County

10.75%

Noble County

11%

Nowata County

9.50%

Okfuskee County

11.50%

Oklahoma County

9.50%

Okmulgee County

10.58%

Osage County

9.80%

Ottawa County

10.85%

Pawnee County

10.25%

Payne County

9.98%

Pittsburg County

11%

Pontotoc County

9.88%

Pottawatomie County

10.12%

Pushmataha County

10.50%

Roger Mills County

9%

Rogers County

10.38%

Seminole County

10.00%

Sequoyah County

9.92%

Stephens County

9.20%

Texas County

9.95%

Tillman County

10.50%

Tulsa County

10.63%

Wagoner County

9.80%

Washington County

8.90%

Washita County

10.50%

Woods County

10%

Woodward County

9.40%

Oklahoma State IRS Statistics of Income for 2020

Size of adjusted gross income

Item
(All amounts are in 1000s of dollars)

Number of returns

Number of single returns

Number of joint returns

Number of head of household returns

Number of individuals

Adjusted gross income (AGI)

Total income: Number

Amount

Salaries and wages in AGI: Number

Amount

Business or profession net income (less loss): Number

Amount

Partnership/S-corp net income (less loss): Number

Amount

Self-employed health insurance deduction: Number

Amount

Student loan interest deduction: Number

Amount

Charitable contributions if took standard deduction: Number

Amount

Total itemized deductions: Number

Amount

State and local income taxes: Number

Amount

State and local general sales taxes: Number

Amount

Qualified business income deduction: Number

Amount

Child and dependent care credit: Number

Amount

Child and other dependent tax credit: Number

Amount

Self-employment tax: Number

Amount

Earned income credit: Number

Amount

Refundable education credit: Number

Amount

Recovery rebate credit: Number

Amount

Total tax liability: Number

Amount

Total additional Medicare tax: Number

Amount

Net investment income tax: Number

Amount

Tax due at time of filing: Number

Amount

Total overpayments: Number

Amount

All returns

1,780,050

829,580

666,170

241,070

3,458,320

104,903,339

1,732,140

105,975,265

1,411,430

74,002,578

298,710

2,592,692

100,120

5,229,498

36,680

257,662

93,940

65,501

416,300

109,766

111,820

4,737,996

92,980

896,213

16,530

30,174

212,360

1,473,005

44,200

23,473

456,070

985,606

217,790

579,787

341,060

826,297

65,760

54,710

361,320

542,034

1,213,330

12,113,412

26,460

43,960

33,660

172,470

308,800

1,684,394

1,400,940

5,148,488

Under $1

76,130

52,870

16,610

4,420

108,560

0

28,250

0

8,470

338,724

13,390

0

6,750

0

1,800

10,858

790

735

11,650

3,058

0

0

0

0

0

0

0

0

0

0

50

37

3,820

9,384

4,530

7,233

1,290

1,149

39,190

59,079

4,720

11,581

210

311

0

0

2,330

5,146

51,730

164,787

$1 under $10,000

239,820

186,590

25,560

23,360

284,390

1,155,149

239,790

1,193,386

162,930

889,241

38,780

113,612

3,180

0

2,150

6,803

1,990

1,352

28,250

6,719

1,650

37,460

520

1,043

850

677

450

106

0

0

170

72

31,120

22,121

80,230

100,882

7,860

6,477

73,530

115,202

36,570

23,709

10

16

0

0

16,040

7,778

190,520

300,781

$10,000 under $25,000

350,670

217,580

54,370

71,000

569,590

6,095,830

350,670

6,187,475

273,160

4,409,359

60,400

471,947

6,350

0

3,720

12,890

6,580

4,137

53,660

13,412

4,370

109,758

1,630

2,835

2,300

2,027

20,040

13,035

1,630

453

36,610

12,872

50,200

85,699

125,770

410,489

14,330

11,502

80,540

126,731

198,030

180,246

20

22

0

0

29,780

30,738

309,570

920,837

$25,000 under $50,000

451,630

222,590

118,560

95,280

864,160

16,371,397

451,630

16,521,130

391,500

13,039,945

59,070

457,559

11,130

32,612

5,320

23,336

24,030

14,989

92,360

23,707

10,830

284,316

6,470

13,183

3,900

5,013

46,750

68,038

9,450

4,675

154,130

201,512

41,700

98,283

124,160

304,035

14,640

11,808

66,960

97,792

341,960

768,528

70

89

0

0

61,090

82,640

388,180

1,213,084

$50,000 under $75,000

242,300

88,020

117,020

29,470

529,610

14,863,487

242,300

14,995,249

208,980

11,455,859

37,850

303,367

11,230

86,469

4,430

23,889

21,050

14,964

70,560

18,866

14,300

387,794

10,850

29,681

3,090

5,039

35,030

81,527

7,240

3,684

89,500

229,506

26,210

69,908

6,370

3,658

8,600

7,229

36,270

50,520

218,170

992,787

60

70

0

0

53,100

106,399

188,630

582,635

$75,000 under $100,000

148,680

31,650

104,270

9,910

368,590

12,878,914

148,680

12,989,317

128,280

9,644,560

27,280

241,862

10,530

127,818

3,780

24,075

15,410

10,818

53,070

14,496

14,130

403,088

12,020

44,444

1,900

3,815

27,430

80,599

7,500

4,118

60,760

186,228

18,830

55,601

0

0

6,670

5,654

24,750

30,798

144,360

1,027,544

70

97

0

0

38,730

105,019

109,710

398,716

$100,000 under $200,000

208,590

24,130

175,580

6,410

561,160

27,991,811

208,590

28,242,941

184,010

20,625,982

44,280

567,483

26,040

632,876

7,840

62,815

24,100

18,506

86,520

23,878

36,610

1,253,111

33,660

205,964

2,620

6,505

52,370

257,977

14,600

8,418

93,000

287,827

30,760

119,556

0

0

12,380

10,891

39,450

61,587

207,340

3,069,285

1,490

522

600

237

75,630

332,210

132,630

628,860

$200,000 under $500,000

51,310

4,970

44,830

1,020

142,100

14,518,800

51,310

14,691,871

44,870

9,132,450

13,950

497,376

17,390

1,350,015

5,300

60,377

0

0

17,840

4,962

22,530

1,063,592

21,080

279,694

1,310

3,723

23,470

317,284

3,400

1,891

21,750

67,417

11,520

76,916

0

0

0

0

630

325

51,260

2,434,980

18,060

13,582

23,610

26,232

26,400

360,582

24,780

311,040

$500,000 under $1,000,000

7,590

780

6,570

150

21,270

5,112,454

7,590

5,172,944

6,490

2,500,791

2,470

156,350

4,810

1,092,349

1,510

20,755

0

0

1,820

505

4,890

404,052

4,500

130,334

340

1,064

4,430

135,269

330

195

90

135

2,370

21,204

0

0

0

0

0

0

7,590

1,188,398

4,600

13,635

6,440

31,354

4,100

210,662

3,460

159,217

$1,000,000 or more

3,330

400

2,800

50

8,890

9,325,723

3,330

9,358,741

2,740

1,965,667

1,250

110,126

2,720

3,264,290

830

11,864

0

0

570

163

2,520

794,825

2,260

189,035

210

2,311

2,390

519,170

60

39

0

0

1,270

21,115

0

0

0

0

0

0

3,330

2,416,354

1,870

15,616

3,000

114,647

1,590

443,220

1,730

468,531

Frequently Asked Questions

How does Oklahoma tax filing work online?

Exactly what is a Oklahoma CPA?

What does an online Oklahoma Certified Public Accountant do?

How do FlyFin Smart CPAs work online?

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FlyFin CPAs save freelancers more on taxes

Self-employed individuals are responsible for every aspect of their taxes, unlike W-2 employees, from knowing how much to pay to keeping all the records they need to comply with IRS regulations and save as much money as possible on taxes. FlyFin was built to be the only tax resource self-employed taxpayers need, with A.I. that automatically organizes all your business expenses and identifies every possible write-off and Smart CPAs that provide unlimited tax consultations at no cost to save taxpayers time and money, with self-employed individuals saving an average of $3,500.
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