Ong & Company Blog

Year-End Business Tax Planning Moves

Richard Ong / November 06, 2017 /

Tax Planning

Some tax planning moves for small businesses are more common, like acquiring property that qualifies for the generous Section 179 expensing allowance. But other strategies may fly under the radar. ...

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Client Spotlight: Baltuska Chiropractic

Nick Ong / November 03, 2017 /

Client Spotlight

As a kid, Dr. Kelly Baltuska would ride his bike along Santa Fe Trail Drive in Lenexa, KS with his six siblings. Little did he know that he would end up opening a booming Chiropractic practice in one ...

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When To Pay 2017 KS Income Tax Bill?

Richard Ong / November 02, 2017 /

Tax Deductions

As you are probably aware, especially if you live in Kansas and own your own business or are otherwise self-employed, many of us will facing a whopping Kansas income tax bill next April due to the ...

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Home Improvement Medical Deductions

Richard Ong / October 30, 2017 /

Tax Deductions

Are you planning to make substantial home improvements in the coming year? Normally, you can't deduct home improvement expenses on your personal tax return. However, you may be able to deduct the ...

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Deduct Property Easements for Charity

Richard Ong / October 23, 2017 /

Real Estate

Do you own real estate property far from the suburban sprawl? If you donate a part of the property as a "conservation easement" to a qualified charity you can realize a big tax deduction without ...

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Deducting Business Education Expenses

Richard Ong / October 17, 2017 /

Education Tax Benefits

Now that the kids are back in school, you may have the itch to return to the classroom yourself, perhaps to brush up on certain skills in your field or expand your horizons. Can you deduct the cost ...

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Time For A New Company Car?

Richard Ong / October 06, 2017 /

Tax Deductions

Now that 2018 models are in the showrooms, you may be shopping for a new car to purchase for your business. Be aware that if you are self-employed, you can use one of two methods; the actual expense ...

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Hardship Withdrawals From Retirement Plans

Richard Ong / September 29, 2017 /

Retirement Savings

Suppose you need to borrow money in a hurry and your only obvious option is a bank loan with sky-high interest — if you can even obtain one. Consider an unusual source: your 401(k) plan or IRA....

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Business Tax Credit for Disability Access

Richard Ong / September 22, 2017 /

Tax Planning

Are you upgrading the offices or workspace of your small business? This may be an opportunity to make improvements to accommodate individuals with disabilities (including your own employees and ...

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Client Spotlight: Camp Bow Wow Kansas City - Westport

Zach Davis / September 22, 2017 /

Client Spotlight

On September 23rd, Patrick Frickleton's 14 months of research, planning, and hard work, will culminate in the Grand Opening of Camp Bow Wow Kansas City in Westport....

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