Send Us A Message

Name

Email

Phone

Message

We love working with Mary. She is very responsive and very honest with us. If she thinks what we are doing is not right for our books, she will tell us. And she is very easy to work with.

Ojibwa LLC

I do not know how to keep my accounting records. Mary helped me get organized and she keeps my books for me. She also answers my question within a reasonable time period.

Stan, Rounding Inc.

The proper handling of personal taxes is difficult and time consuming enough, but when mixed with even more complex corporate tax and accounting situations, the job can seem overwhelming. When this happens it is no time for part-time, strip mall tax preparers or do-it-yourself software programs. You need a professional with the education, training, experience, communication skills, dedication and attention to detail your case deserves. For the past several years I have trusted Mary Pang, CPA with the management of all my accounting needs and have received, in my opinion, the highest level of professional service available in the state. Mary Pang, CPA is definitely Oklahoma's rising star of accounting!

Bobby Woolslayer, P.I.

Quick response times and very easy to work with!

Brittany Sears

I felt this was a very simple process and loved being able to do it via email and internet. Since I was doing everything from the comfort of my home, if I needed any additional documents, it was quick, convenient and easy for me to get them, as opposed to having to leave a location to return home for missing documents. I felt that Mary was very friendly and prompt in everything that she did. I would definitely feel comfortable returning to her for my taxes.

Nicole

Mary has been preparing my family business' taxes for years now. She also handles my mother's and my tax returns as well. She is always friendly and professional with her clients and tries her best to understand our tax situation. She works well with my sister's CPA in Oregon (due to our family business return) and is always available to answer our questions. If she is not available, she normally gets back to us within 1 day. We are very thankful to have her as our CPA and she is wonderful to work with.

Alfred

I have been Mary's client for 8 years now. She is my personal QuickBooks guru that I could email or call if I have any questions. She normally gets back to me within one day. She would give me step by step instructions on how to get something done in QuickBooks and if it is too much for me to handle, she will log into my computer remotely and get it fixed herself. If she is unable to fix it, she will get QuickBooks support to fix it for me or she will learn how to get it done. The best thing about Mary is that she will admit her mistakes. I have not met a lot of accountants who will admit their mistake. To me, that means she is honest and is humble enough to know everyone makes mistakes.

Angie

I am thankful to have Mary as my CPA. I can be sure that everything is taken care of and that my tax return is done right. Just recently, I received letters from IRS & Oklahoma Tax Commission. I have no idea what to do so I took those letters to Mary. She got right to it and called IRS & Oklahoma Tax Commission and got the issue fixed for me. She then calls me to explain what the issue was and what has been done to correct the situation. I appreciate the effort she took to explain it to me in a way I could understand. Best of all, I did not have to do anything other than getting the information to Mary and letting her handle it.

Catherine

Mary helped me in saving a lot of money in my payroll issue with IRS. Before our company hired Mary, we were paying a lot of payroll tax penalties because I am always so busy with my business and do not have the time to pay my payroll taxes on time. Once we hired Mary, we no longer have to worry about not paying our payroll taxes on time. She logs onto our computer remotely and she schedules the payment every week. I also feel confident because she is always available to answer questions. I can call her up & she will get back to me within a day. If she does not know the answer to my question, she will say so & look it up for me. She will then call or email me back with the answers she found out. I am very thankful to find a CPA who helps me and who is not scared of admitting that she does not know everything.

George

You couldn't ask for a better "hand-holding", expertise thoroughness, HARD WORKER!!!, with personality plus and a lovely demeanor. She's considerate, thoughtful and the very best part for me is patient!!! I ask a lot of questions...detailed, sometimes nit-picky questions. She always went out of her way to respond quickly and with the utmost respect. I wish she would go out on her own, as I'd follow her anywhere! Oh, and if she doesn't know an answer, she freely admits it and gets back to you promptly with the answer when she gets it. She works well/coordinating with other CPA firms/office personnel, even if that can be tricky and often holds up her work for you!

Paula Fenster Brust

I had no idea how to keep my books. I just didn't know all that comes with owning my business. When I contacted Mary, she was so helpful in explaining a lot of concerns I had and have me fix some early mistakes I had done. I still don't understand a lot of what's going on, but every time I have questions Mary is just a phone call away. She also sends me a text every 15 days or so to let me know I'm doing okay, plus a full report every month. Letting a professional do what she does best has just alleviated one of my biggest headaches and I know it is getting done the right way.

Triton Bixby

Mary helped us with our QuickBooks set up. She answered all our questions regarding QuickBooks & she trained us in how to effectively use QuickBooks for our business. We also asked for her help in getting our books up to date. She managed to get it done in 1 day and all I have to do is keep it going. We love working with Mary. She is friendly, very helpful & very prompt in her responses.

Lisa Pally

I was so pleased with this class. Mary is very knowledgeable and is very thorough. She explains information in a way you can understand it very clearly. If you have questions, she is more than willing to show you how to get things done! Highly recommend her expertise.

Marti Jackson

Mary has been very helpful in setting up our accounting in a small business we have started. She is very knowledgeable and willing to help in any way needed. She is an accountant wiz whom I have received nothing but great advice. I am so happy I met her!

Leonor Carnoske

Mary saved my QuickBooks. Mary recently helped us get our QuickBooks in order. I was expecting it to take hours but she was able to get us taken care of in a little over an hour. It is clear that she is knowledgeable and professional. I highly recommend her services.

Sandra Baca

Mary is extremely personable and knowledgeable in accounting. I really enjoyed her personality and friendliness as we discussed my business specifics. She was able to answer so many questions and anything she needed to look into further, she got back to me in a very timely manner. Mary was thorough in reviewing my documents and information before preparing my return. I am thankful I met Mary and look forward to working with her in the future!

Jackie Roberts

Congress gives a holiday gift in the form of favorable tax provisions

As part of a year-end budget bill, Congress just passed a package of tax provisions that will provide savings for some taxpayers. The White House has announced that President Trump will sign the Further Consolidated Appropriations Act of 2020 into law. It also includes a retirement-related law titled the Setting Every Community Up for Retirement Enhancement (SECURE) Act.

Here’s a rundown of some provisions in the two laws.

The age limit for making IRA contributions and taking withdrawals is going up. Currently, an individual can’t make regular contributions to a traditional IRA in the year he or she reaches age 70½ and older. (However, contributions to a Roth IRA and rollover contributions to a Roth or traditional IRA can be made regardless of age.)

Under the new rules, the age limit for IRA contributions is raised from age 70½ to 72.

The IRA contribution limit for 2020 is $6,000, or $7,000 if you’re age 50 or older (the same as 2019 limit).

In addition to the contribution age going up, the age to take required minimum distributions (RMDs) is going up from 70½ to 72.

It will be easier for some taxpayers to get a medical expense deduction. For 2019, under the Tax Cuts and Jobs Act (TCJA), you could deduct only the part of your medical and dental expenses that is more than 10% of your adjusted gross income (AGI). This floor makes it difficult to claim a write-off unless you have very high medical bills or a low income (or both). In tax years 2017 and 2018, this “floor” for claiming a deduction was 7.5%. Under the new law, the lower 7.5% floor returns through 2020.

If you’re paying college tuition, you may (once again) get a valuable tax break. Before the TCJA, the qualified tuition and related expenses deduction allowed taxpayers to claim a deduction for qualified education expenses without having to itemize their deductions. The TCJA eliminated the deduction for 2019 but now it returns through 2020. The deduction is capped at $4,000 for an individual whose AGI doesn’t exceed $65,000 or $2,000 for a taxpayer whose AGI doesn’t exceed $80,000. (There are other education tax breaks, which weren’t touched by the new law, that may be more valuable for you, depending on your situation.)

Some people will be able to save more for retirement. The retirement bill includes an expansion of the automatic contribution to savings plans to 15% of employee pay and allows some part-time employees to participate in 401(k) plans.

Also included in the retirement package are provisions aimed at Gold Star families, eliminating an unintended tax on children and spouses of deceased military family members.

Stay tuned

These are only some of the provisions in the new laws. We’ll be writing more about them in the near future. In the meantime, contact us with any questions.

Back

Send Us A Message

Name

Email

Phone

Message

We love working with Mary. She is very responsive and very honest with us. If she thinks what we are doing is not right for our books, she will tell us. And she is very easy to work with.

Ojibwa LLC

I do not know how to keep my accounting records. Mary helped me get organized and she keeps my books for me. She also answers my question within a reasonable time period.

Stan, Rounding Inc.

The proper handling of personal taxes is difficult and time consuming enough, but when mixed with even more complex corporate tax and accounting situations, the job can seem overwhelming. When this happens it is no time for part-time, strip mall tax preparers or do-it-yourself software programs. You need a professional with the education, training, experience, communication skills, dedication and attention to detail your case deserves. For the past several years I have trusted Mary Pang, CPA with the management of all my accounting needs and have received, in my opinion, the highest level of professional service available in the state. Mary Pang, CPA is definitely Oklahoma's rising star of accounting!

Bobby Woolslayer, P.I.

Quick response times and very easy to work with!

Brittany Sears

I felt this was a very simple process and loved being able to do it via email and internet. Since I was doing everything from the comfort of my home, if I needed any additional documents, it was quick, convenient and easy for me to get them, as opposed to having to leave a location to return home for missing documents. I felt that Mary was very friendly and prompt in everything that she did. I would definitely feel comfortable returning to her for my taxes.

Nicole

Mary has been preparing my family business' taxes for years now. She also handles my mother's and my tax returns as well. She is always friendly and professional with her clients and tries her best to understand our tax situation. She works well with my sister's CPA in Oregon (due to our family business return) and is always available to answer our questions. If she is not available, she normally gets back to us within 1 day. We are very thankful to have her as our CPA and she is wonderful to work with.

Alfred

I have been Mary's client for 8 years now. She is my personal QuickBooks guru that I could email or call if I have any questions. She normally gets back to me within one day. She would give me step by step instructions on how to get something done in QuickBooks and if it is too much for me to handle, she will log into my computer remotely and get it fixed herself. If she is unable to fix it, she will get QuickBooks support to fix it for me or she will learn how to get it done. The best thing about Mary is that she will admit her mistakes. I have not met a lot of accountants who will admit their mistake. To me, that means she is honest and is humble enough to know everyone makes mistakes.

Angie

I am thankful to have Mary as my CPA. I can be sure that everything is taken care of and that my tax return is done right. Just recently, I received letters from IRS & Oklahoma Tax Commission. I have no idea what to do so I took those letters to Mary. She got right to it and called IRS & Oklahoma Tax Commission and got the issue fixed for me. She then calls me to explain what the issue was and what has been done to correct the situation. I appreciate the effort she took to explain it to me in a way I could understand. Best of all, I did not have to do anything other than getting the information to Mary and letting her handle it.

Catherine

Mary helped me in saving a lot of money in my payroll issue with IRS. Before our company hired Mary, we were paying a lot of payroll tax penalties because I am always so busy with my business and do not have the time to pay my payroll taxes on time. Once we hired Mary, we no longer have to worry about not paying our payroll taxes on time. She logs onto our computer remotely and she schedules the payment every week. I also feel confident because she is always available to answer questions. I can call her up & she will get back to me within a day. If she does not know the answer to my question, she will say so & look it up for me. She will then call or email me back with the answers she found out. I am very thankful to find a CPA who helps me and who is not scared of admitting that she does not know everything.

George

You couldn't ask for a better "hand-holding", expertise thoroughness, HARD WORKER!!!, with personality plus and a lovely demeanor. She's considerate, thoughtful and the very best part for me is patient!!! I ask a lot of questions...detailed, sometimes nit-picky questions. She always went out of her way to respond quickly and with the utmost respect. I wish she would go out on her own, as I'd follow her anywhere! Oh, and if she doesn't know an answer, she freely admits it and gets back to you promptly with the answer when she gets it. She works well/coordinating with other CPA firms/office personnel, even if that can be tricky and often holds up her work for you!

Paula Fenster Brust

I had no idea how to keep my books. I just didn't know all that comes with owning my business. When I contacted Mary, she was so helpful in explaining a lot of concerns I had and have me fix some early mistakes I had done. I still don't understand a lot of what's going on, but every time I have questions Mary is just a phone call away. She also sends me a text every 15 days or so to let me know I'm doing okay, plus a full report every month. Letting a professional do what she does best has just alleviated one of my biggest headaches and I know it is getting done the right way.

Triton Bixby

Mary helped us with our QuickBooks set up. She answered all our questions regarding QuickBooks & she trained us in how to effectively use QuickBooks for our business. We also asked for her help in getting our books up to date. She managed to get it done in 1 day and all I have to do is keep it going. We love working with Mary. She is friendly, very helpful & very prompt in her responses.

Lisa Pally

I was so pleased with this class. Mary is very knowledgeable and is very thorough. She explains information in a way you can understand it very clearly. If you have questions, she is more than willing to show you how to get things done! Highly recommend her expertise.

Marti Jackson

Mary has been very helpful in setting up our accounting in a small business we have started. She is very knowledgeable and willing to help in any way needed. She is an accountant wiz whom I have received nothing but great advice. I am so happy I met her!

Leonor Carnoske

Mary saved my QuickBooks. Mary recently helped us get our QuickBooks in order. I was expecting it to take hours but she was able to get us taken care of in a little over an hour. It is clear that she is knowledgeable and professional. I highly recommend her services.

Sandra Baca

Mary is extremely personable and knowledgeable in accounting. I really enjoyed her personality and friendliness as we discussed my business specifics. She was able to answer so many questions and anything she needed to look into further, she got back to me in a very timely manner. Mary was thorough in reviewing my documents and information before preparing my return. I am thankful I met Mary and look forward to working with her in the future!

Jackie Roberts

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