Ong & Company Blog

One Big Beautiful Bill Act Update Series: Child & Adoption Tax Credit

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4th, 2025. One key change included as part of the tax bill is the expansion and enhancement of the Child & Adoption Tax ...

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One Big Beautiful Bill Act Tax Update Series: Bonus Senior Deductions

Justin Joo / August 13, 2025 /

Tax Planning, Tax Deductions

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4th, 2025. One key change included as part of the tax bill is the creation of the Bonus Senior Deduction—an enhanced tax benefit ...

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One Big Beautiful Bill Act Update Series: SALT Deduction Increase

The One Big Beautiful Bill Act (OBBBA) was signed into law on July 4th, 2025. One key change included as part of the bill is a temporary increase to the cap on state and local taxes (SALT) that can ...

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