Ong & Company Blog

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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Top Year-end Tax Planning Opportunities for 2024

Jessica Dial, CPA / December 20, 2024 /

Tax Planning

The year is drawing to a close and this is the perfect time to review your financial situation and identify opportunities to optimize your tax situation. Thoughtful planning now can lead to ...

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Navigating the Sunset of the TCJA Provisions in 2025

Nick Ong / September 06, 2024 /

Tax Planning, Tax Cuts and Jobs Act

New Beneficial Information Navigating the Sunset of the Tax Cuts and Jobs Act - Recording and Reading Materials...

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Recorded: Tax Planning 101 Webinar with Nick Ong

Katrina Lassiter / October 24, 2023 /

Tax Planning

In case you missed the live webinar with Nick Ong on Tax Planning for Individuals, check out the recording linked here below!...

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2021 Year-End Tax Planning Opportunities for Individuals & Businesses

Nick Ong / December 03, 2021 /

Tax Planning

2021 has brought another year of changes in tax legislation. We have seen additional COVID-19 relief efforts tied to the tax code, passing of the $1T infrastructure bill (Infrastructure Investment ...

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2020 Year-End Tax Planning Opportunities for Individuals & Businesses

Nick Ong / December 02, 2020 /

Tax Planning

In a year with COVID-19 relief efforts tied to the tax code, and a presidential election that will bring potential tax law changes in the future, now is the time to consider year-end tax planning ...

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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 ...

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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 ...

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