Ong & Company Blog

Trump Versus Biden Tax Plans: Analysis & Planning Opportunities

Nick Ong / October 30, 2020 /

Tax Planning

With Election Day right around the corner, we wanted to highlight the significant differences in the tax plans of the presidential candidates. The majority of this blog post will focus on proposed ...

Read More

PPP Flexibility Act Updates & Forgiveness Planning

Nick Ong / June 05, 2020 /

COVID-19 Relief

The Senate unanimously approved the Paycheck Protection Program (PPP) Flexibility Act of 2020 (H.R. 7010) this week, which will bring significant changes to the terms of the loan program.The bill ...

Read More

COVID-19 Relief Opportunities: Updates for Employers & Self Employed Individuals

Nick Ong / April 28, 2020 /

Self Employment, Tax Planning

On April 24, 2020, President Trump signed the Paycheck Protection Program (PPP) and Health Care Enhancement Act into law. The act provides $320 billion in supplemental funding for the PPP and ...

Read More

COVID-19 Relief Opportunities

Nick Ong / April 03, 2020 /

Self Employment, Tax Planning

Our team has been working hard to stay up to date on the planning opportunities under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, which was signed into law on March 27, 2020. If ...

Read More

2019 Federal Tax Filing and Payment Deadline Extended to July 15, 2020

Nick Ong / March 28, 2020 /

Tax Planning

On March 20, Treasury Secretary Mnuchin announced that the 2019 tax filing deadline has been extended to July 15, 2020. According to Mnuchin, “All taxpayers and businesses will have this additional ...

Read More

Families First Coronavirus Response Act (FFCRA) Payroll Updates

Nick Ong / March 28, 2020 /

Tax Planning, Payroll

The Families First Coronavirus Response Act (FFCRA), which goes into effect April 2, 2020 and expires December 31, 2020, responds to the coronavirus outbreak by providing additional assistance in the ...

Read More

SBA Offering Disaster Assistance in Response to COVID-19

Nick Ong / March 24, 2020 /

Under the recently enacted Coronavirus Preparedness and Response Supplemental Appropriations Act, small businesses that have suffered substantial economic injury as a result of COVID-19 can apply for ...

Read More

Cutting Taxes on Retirement Plan Distributions

Cutting Income Taxes on Your Future Retirement Plan Distributions:...

Read More

Client Spotlight: MAVi - Smart Home, Smart Business

Cristina Luna / February 04, 2020 /

Client Spotlight

Imagine leaving your residence or business and pressing one button which activates your alarm, lowers the shades, lowers the thermostat, turns off the lights, audio, televisions, and locks all the ...

Read More

New Way To Pay Down Student Loans

...

Read More