Ong & Company Blog

Unexpected Tax Bill?

Richard Ong / February 28, 2019 /

Big 2018 tax bill? 4 ways to owe less next year Recent tax legislation includes a bevy of tax breaks for individuals. However, as you may discover when you're filing your 2018 return, not everyone ...

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Avoid Tax on Required IRA Distributions

Richard Ong / November 13, 2018 /

Retirement Savings, Tax Planning, Tax Debt, Tax Deductions

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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IRS Tax Collectors

Richard Ong / November 29, 2016 /

Tax Debt

The IRS isn't giving up its job as the nation's tax collection agency, but it is farming out some of the work. Starting this spring, four private contractors will begin helping collect delinquent tax ...

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