Ong & Company Blog

Non-Cash Charitable Gift Deductions

Richard Ong / July 28, 2017 /

Tax Deductions

Do you own a prized piece of art that you'd like to donate to charity? If you meet the requirements for gifts of property, you may qualify for an enhanced tax deduction which could be a beautiful ...

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Should You Amend That Tax Return?

Richard Ong / July 21, 2017 /

Tax Planning

Suppose you just glanced at the 2016 tax return you filed in April and noticed an error or omission. Or maybe you remembered a deduction you neglected to include on your return from the prior year. ...

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Home Office Deduction Methods

Richard Ong / July 14, 2017 /

Tax Deductions

Do you work from your own home? If so, you may be entitled to deduct home office expenses on your personal income tax return. Taxpayers are sometimes hesitant to use this deduction, but the IRS ...

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New Research Tax Credit Benefits

Richard Ong / July 10, 2017 /

Tax Planning

After years of uncertainty, the Protecting Americans from Tax Hikes (PATH) Act of 2015 permanently extended a tax credit for research expenses for qualified small businesses. Generally speaking, the ...

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