Ong & Company Blog

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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Tax Favored Education Savings Plans

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 ...

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Historic Building Tax Credits

How to nail down the historic structures credit Are you thinking of renovating a building you own in an historic part of town? Before you start knocking down walls, find out if the building qualifies ...

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Tax Benefits of Summer Camp For Kids

Are you sending your kids to summer camp while you and your spouse work? Not only will your kids enjoy it, you will also when you see the potential tax break. If certain requirements are met, the ...

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100% Deduction For Company Outings

Have you planned a summer outing for your employees? It might be a picnic or barbecue for the Fourth of July. Despite recent tax law changes eliminating most entertainment and meal deductions, your ...

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Business Education Tax Breaks

Maybe you feel the need to brush up on your skills in your particular line of work. One option is to take a refresher course at a local college this summer. What makes it even more enticing? You may ...

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Primary Home Sale Tax Exclusion

Richard Ong / June 08, 2018 /

Real Estate, Tax Planning

How to lock down the home sale exclusion Good news if you're selling your home: The home sale exclusion wasn't touched by the massive tax law changes. Arguably one of the biggest tax breaks to be ...

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Business / Vacation Travel Expenses

Richard Ong / June 01, 2018 /

Tax Deductions

Travel Expense - Business or Personal?...

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Tax Credits For Summer Hires?

Richard Ong / May 26, 2018 /

Is your company looking to hire new employees or take on extra help for the summer? If you hire workers from groups of people the government identifies as having major barriers to employment, you may ...

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Client Spotlight: Kansas City Strength & Conditioning

Andrea Gallego / May 23, 2018 /

Client Spotlight

As Kansas City Strength & Conditioning (KCSC) approaches its second anniversary, owners John Renzi and Matt Hinkley are finding that the same approach that has made KCSC the go-to training ...

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