OK Smartpay has found a niche in the self-employed industry of Oklahoma. This includes contract workers in various industries (oil & gas, real estate, etc.) and various other self-employed persons whether they are a partner in a Partnership or whether they have their own professional organization. Before joining OK Smartpay, these self-employed individuals did not have payroll services and were paying high self-employment taxes on their individual tax returns. As one of OK Smartpay’s owners is a CPA in a tax practice that partners with OK Smartpay, we have found that creating a business entity for self-employed clients and running payroll through the entity has produced substantial tax savings for that individual on an annual basis. Further, our experience in both tax preparation and payroll services enables us to analyze your current tax position and advise on the monthly salary that should be paid and provide you with an estimate of total savings.
