Ong & Company Blog

Vehicle Tax Deduction Alternatives?

Richard Ong / August 27, 2018 /

Tax Planning, Starting a New Business, Tax Deductions

The tax dilemma for business drivers If you use a vehicle for business driving, you have a tax choice: deduct your actual expenses or use an IRS-approved standard mileage rate. Frequently, the actual ...

0 Comments Click here to read/write comments

Do You Have a Home Office?

Richard Ong / August 20, 2018 /

Tax Planning, Starting a New Business, Tax Deductions

How to preserve your home office deduction Do you work from home? Frequently, you can qualify for home office deductions offsetting taxable income from a sole proprietorship or other small business. ...

0 Comments Click here to read/write comments

Tax Favored Education Savings Plans

Richard Ong / August 14, 2018 /

Tax Planning, Education Tax Benefits, Tax Deductions

Saving for school? Check out the updated 529 plan Now that your teens are heading back to school this fall, it's a good time to start planning for their higher education. That means you may be ...

0 Comments Click here to read/write comments

All posts