Abla & Jolly CPA, PLLC is a Christian based CPA firm located in the beautiful Arbuckle Mountains in Sulphur, Oklahoma. The firm is staffed with three accredited CPA's, three staff accountants and an office administrator. We provide a broad range of accounting services that encompass financial statement preparation, payroll and bookkeeping functions, and income tax preparation and tax planning at the individual, partnership, LLC, and corporate levels.
We are especially involved in agricultural entities and issues (particularly the equine and cattle industries), healthcare organizations, and small business consulting and advisement. We provide a customized accounting package for performance horse and cattle operations of all sizes and serve clients over a multi state area. Our healthcare clients for whom we have designed custom accounting systems include physicians, dentists, pharmacies, physical therapists and home health agencies.
We also perform various levels of accounting for nursing homes including Medicare and Medicaid cost reporting.
We are especially involved in agricultural entities and issues (particularly the equine and cattle industries), healthcare organizations, and small business consulting and advisement. We provide a customized accounting package for performance horse and cattle operations of all sizes and serve clients over a multi state area. Our healthcare clients for whom we have designed custom accounting systems include physicians, dentists, pharmacies, physical therapists and home health agencies.
We also perform various levels of accounting for nursing homes including Medicare and Medicaid cost reporting.
Services
Robin K Jolly CPA and Craig Abla CPA are the managing partners of Abla & Jolly CPA, PLLC.
They have been providing quality, personalized financial guidance to local individuals and businesses for over 25 years.
Abla & Jolly CPA, PLLC is striving to be one of the leading firms in and throughout the area.
By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
Our dedication to high standards, hiring of seasoned tax professionals, and work ethic is the reason our client base returns year after year.
They have been providing quality, personalized financial guidance to local individuals and businesses for over 25 years.
Abla & Jolly CPA, PLLC is striving to be one of the leading firms in and throughout the area.
By combining our expertise, experience and the team mentality of our staff, we assure that every client receives the close analysis and attention they deserve.
Our dedication to high standards, hiring of seasoned tax professionals, and work ethic is the reason our client base returns year after year.
Abla & Jolly CPA, PLLC provides a wide range of services to individuals and businesses in a variety of industries.
At Abla & Jolly CPA, PLLC, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Abla & Jolly CPA, PLLC, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
At Abla & Jolly CPA, PLLC, we strive to meet each client's specific needs in planning for the future and achieving their goals in an ever-changing financial and regulatory environment.
Abla & Jolly CPA, PLLC, we guide our clients through a full range of tax planning and preparation decisions with strategies that minimize your tax liabilities, maximize your cash flow and keep you on track to your financial goals.
Craig's special areas of interest within the firm are: small business formation and consulting; physician and nursing home accounting, cost reporting, and taxation; and accounting issues unique to clergy and church reporting.
He is a member of the AICPA, OSCPA and serves on the Board of the Oklahoma School for the Deaf Foundation for Excellence.
He is a Board Member and current Treasurer of Missions Revival, Inc.
Robin K Jolly, CPA is a shareholder and full time managing member of Abla & Jolly CPA, PLLC.
He is a member of the AICPA, OSCPA and serves on the Board of the Oklahoma School for the Deaf Foundation for Excellence.
He is a Board Member and current Treasurer of Missions Revival, Inc.
Robin K Jolly, CPA is a shareholder and full time managing member of Abla & Jolly CPA, PLLC.
Have you just started a new business?
Did you know expenses incurred before a business begins operations are not allowed as current deductions?
Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins.
However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
Did you know expenses incurred before a business begins operations are not allowed as current deductions?
Generally, these start up costs must be amortized over a period of 180 months beginning in the month in which the business begins.
However, based on the current tax provisions, you may elect to deduct up to $5,000 of business start-up and $5,000 of organizational costs paid or incurred.
The $5,000 deduction is reduced by any start-up or organizational costs which exceed $50,000.
Following are some generally recognized financial planning tools that may help you reduce your tax bill.
Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.
Charitable Giving - Instead of selling your appreciated long-term securities, donate the stock instead and avoid paying tax on the unrealized gain while still getting a charitable tax deduction for the full fair market value.
Health Savings Accounts (HSAs) - If you have a high deductible medical plan you can open an HSA and make tax deductible contributions to your account to pay for medical expenses.
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