Ong & Company Blog

New Tax Law Impacts Year End Tax Planning

Richard Ong / November 25, 2018 /

Tax Planning, Tax Deductions

Major tax legislation at the end of 2017 has suspended many prized deductions for 2018 through 2025, while cutting tax rates. As a result, your year-end tax planning will likely need some new moves. ...

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In-Kind Charitable Contributions

Richard Ong / November 18, 2018 /

Tax Planning, Tax Deductions

Giving property to charity? Check the tax rules Despite other wholesale changes for individuals for 2018 through 2025, the main tax benefits for charitable donations have been preserved. If you ...

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Avoid Tax on Required IRA Distributions

If you are an IRA owner, the IRS requires that you withdraw a minimum amount (RMD) from your IRA each year after your required beginning date. However, some IRA owners may not need the money or don’t ...

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Year End Business Tax Planning

10 tax-savvy business moves to make before 2019 Even though 2019 is just around the corner, you still have time to take action and save on your business tax bill. Here are 10 ideas to consider:...

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