Ong & Company Blog

One Big Beautiful Bill Act Update Series: No Tax on Tips

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 a new federal law that allows tipped workers to deduct up to $25,000 ...

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One Big Beautiful Bill Act Update Series: Trump Accounts

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 the creation of new Trump accounts - a form of Individual Retirement ...

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One Big Beautiful Bill Act Tax Update Series: No Tax on Overtime

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 a new deduction for qualified overtime pay received for tax years ...

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One Big Beautiful Bill Act

Nick Ong / July 06, 2025 /

Tax Planning, Tax Deductions

The highly anticipated One Big Beautiful Bill was signed into law on the 4th of July by President Donald Trump. The bill extends many of the expiring provisions from the Tax Cuts and Jobs Act (TCJA), ...

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New Way To Pay Down Student Loans

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IRS Proof of Payment Requirements

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Five Year End Tax Reminders

Here are five tax saving ideas that can be used by most taxpayers. But act soon, there's not much time left until our tax year comes to an end....

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HSA's - The Holy Grail of Tax Breaks

Richard Ong / October 09, 2019 /

Tax Planning, Tax Deductions

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Tax Deductions for Assisted Living Expenses

Richard Ong / August 19, 2019 /

Tax Planning, Tax Deductions

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Tax-Wise College Housing

Does your child, grandchild, or someone else you know need a place to live while attending college? Instead of renting a dorm or apartment, buying a condo or small house might make more sense. This ...

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