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Accounting and Bookkeeping Services in Tulsa, Oklahoma
1-800Accountant offers expert virtual accounting services to Tulsa's small businesses, helping Oklahoma entrepreneurs minimize tax burdens and stay compliant while focusing on growth.
Our Accounting Services for Tulsa Small Businesses
Business Tax Preparation: Navigate Tulsa's business tax landscape with confidence. Our CPAs average 17 years of experience in local industries, helping you comply with Oklahoma regulations while identifying substantial savings opportunities. By entrusting your tax preparation to our experts, you can focus on growing your Tulsa-based business.
Bookkeeping: Build a solid financial foundation for your Tulsa enterprise with precise, accurate bookkeeping. Our service saves you time and provides crucial insights for data-driven decisions. We deliver clear, easy-to-understand reports that empower you to interpret your financial data effectively. This detailed approach enables your accountant to develop targeted financial models tailored to Tulsa's unique business environment.
Tax Advisory: Oklahoma tax considerations extend beyond April. Our affordable advisory service connects you with a dedicated small business tax advisor for year-round guidance. We help you plan strategically to minimize your Tulsa business's tax liability throughout the year while ensuring compliance with local and state regulations.
Payroll: Simplify your payroll process and reclaim valuable time each pay period. Our comprehensive service handles all aspects of payroll, including timely tax submissions to Tulsa authorities. This ensures accuracy and compliance, allowing you to concentrate on other critical areas of your Oklahoma business.
Business Formation: Take advantage of our complimentary incorporation services to establish your business officially in Oklahoma. You cover the necessary Tulsa fees, and we manage the entire process. This sets you on the path to hiring employees and opening a business bank account while optimizing your company structure for maximum tax benefits in the Sooner State.
| Level | Rate |
|---|---|
| State Tax Rate | 4.50% |
| County Tax Rate | 0.37% |
| Municipal Tax Rate | 3.65% |
| Combined Sales Tax Rate | 8.52% |
City-Specific Taxes |
|---|
| Tulsa has a franchise tax that applies to corporations operating in the city. This tax is based on the capital invested in the state and requires corporations to file an annual franchise tax return with the Oklahoma Tax Commission. |
Licenses and Permits |
|---|
| Mobile Vendors and Outdoor Sellers require city-specific licensing to operate in Tulsa. |
Recreation Centers, including those for Youth and Family, must obtain city-specific licensing to conduct business in Tulsa. |
Trade contractors are required to register their licenses with the City of Tulsa Development Services Permit Center before performing work in the city. |
Grants and Funding in Tulsa | Grants and Funding Information |
|---|---|
| Community Development Block Grant (CDBG) | Administered by the City of Tulsa, this federal program allocates funding for various community and economic development projects, benefiting local businesses through improvements in infrastructure and community facilities. |
| Oklahoma STEP Fund | The State Trade Expansion Program provides matching-fund grants of up to $24,000 per company to assist small businesses in developing export strategies, supporting their efforts to expand into international markets. |
| Small Business Enterprise (SBE) Program | Designed to increase access to government contracts, this city program directs 10% of construction and professional services contracts to Certified SBEs, enhancing opportunities for local small business growth. |
What to Look for in Tulsa, Oklahoma Accounting and Bookkeeping Services
When choosing an accountant or bookkeeper for your Tulsa small business, consider these factors:
Certifications and State Compliance: Choose a professional with a recognized title, such as CPA, who has demonstrated experience with Oklahoma’s tax laws and regulatory requirements. A qualified accountant will have completed the necessary certifications and stays current with any changes that impact local businesses.
Experience and Specialization: It is important to work with someone who understands your industry. In Tulsa, industries such as clean energy, aerospace, advanced manufacturing, advanced mobility, and technology are thriving. An accountant with a background in your specific sector can address financial challenges with practical, industry-specific insights.
Understanding of Local Economic Conditions: Tulsa’s economy features a diverse mix of growth sectors, including transportation, logistics, and the automotive field as the city establishes itself in electric vehicle production. Look for an accounting professional who not only grasps these economic forces but has a keen sense of how local trends, like the city’s cultural sites and community-focused initiatives, influence the financial landscape.Knowledge of State Tax Incentives: Oklahoma provides business-friendly tax credits and incentives that can reduce your overall tax burden. A knowledgeable accountant will be prepared to advise on available incentives and help you plan strategically, making sure your business benefits from available state programs while aligning with Tulsa’s vibrant economic scene.
Talk to a business tax expert today for all your tax needs in Tulsa.
Additional Oklahoma Accounting Resources:
Virtual Bookkeeping: How To Find the Best Online Bookkeeper
CPA vs. Tax Preparer: Which Is Best for Your Business?
10 Common Small Business Tax Questions Owners Are Asking
*Based on a $12.2k average 2022 tax refund per client, which is 4x the cost of a full-service package. Source: first-party data.
*Includes average business tax preparation, form completion and submission, record keeping, and other misc admin time. Source.
*Historical first-party data.