Cheuk Wong

Recent Posts

Repairs vs. Capital Improvements

Posted by Cheuk Wong on February 03, 2015

Besides picking out the perfect addition or decoration for your rental property, you also need to think about whether the expense is considered a repair or maintenance type cost or capital improvement expenditure for tax purposes.  This is very important because it significantly impacts your tax deductions if you are not in the trade or business of renting properties.

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Tags: Accounting

5 Tax Tips to Properly Itemize Deductions

Posted by Cheuk Wong on March 06, 2014

It is that time again to gather your documents and get organized to file taxes. Here are five tips to help you properly itemize your deductions and minimize your taxes.

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Tags: Entrepreneurship, Tax