Ong & Company Blog

Vehicle Tax Deduction Alternatives?

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 ...

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Do You Have a Home Office?

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. ...

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Kick-start Deductions for a New Business

Nick Ong / November 18, 2016 /

Starting a New Business

Are you launching a new business venture? If so, you've probably spent money getting ready to open your doors. Normally, you're required to amortize these "startup" costs over a period of 180 months, ...

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