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Grant Funding Uncertainties: Making Sense of Federal Grant Freezes and Executive Orders Under the New Administration

Grant Funding Uncertainties: Making Sense of Federal Grant Freezes and Executive Orders Under the New Administration

As the federal government continues to realign funding priorities, nonprofit organizations, government entities, and other entities receiving federal funds, such as healthcare, higher education, and other entities, must remain diligent in tracking changes to compliance requirements and funding restrictions. Executive orders issued in 2025 have resulted in notable shifts, particularly in funding eligibility, permissible activities, and reporting obligations.
Vasquez + Company Featured Service Brochures

Vasquez + Company Featured Service Brochures

Explore Vasquez + Company LLP's comprehensive services brochures that include services tailored to address your specific needs.
Nonprofit Finance and Accounting Outsourcing (FAO)

Nonprofit Finance and Accounting Outsourcing (FAO)

Learn about Vasquez Finance and Accounting Outsourcing (FAO) services and how we bring value to our clients. We enable nonprofit organizations to scale finance and accounting resources as needed instead of hiring, training, and paying salaries and benefits of full-time employees.
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A smart gifting strategy: why the annual gift tax exclusion matters more than you think

A smart gifting strategy: why the annual gift tax exclusion matters more than you think

When we talk about gifting as part of a tax strategy, many people assume it's something only the ultra-wealthy need to worry about. But gifting is actually one of the simplest and most powerful financial planning tools available - and a thoughtful gifting strategy can make a meaningful difference for your family, both now and in the long run.
Your 2026 tax season survival guide

Your 2026 tax season survival guide

For most people, tax season brings a quiet panic about what they might be forgetting and a last-minute rush to pull everything together before the deadline. But it doesn't have to be that way. With just a little preparation, you can avoid surprises, minimize your tax bill, and make the entire process smoother for both you and your advisor.
1099 season is here: what employers need to know

1099 season is here: what employers need to know

Businesses must prepare 1099s for contractors and vendors by February 2, 2026. Understanding which forms to use and getting organized now can help you stay on track and avoid costly IRS penalties.
Building a financial foundation for your child: strategic moves for parents

Building a financial foundation for your child: strategic moves for parents

For many parents, providing financial security for their children is a top priority. But building that security involves more than funding college or opening a savings account. The real goal isn't just to transfer wealth - it's to prepare the next generation to manage, grow, and protect it.
New IRS guidance offers tax break for lenders in agricultural lending market

New IRS guidance offers tax break for lenders in agricultural lending market

A new IRS provision allows certain lenders to exclude 25% of interest income from loans secured by agricultural property, potentially saving thousands in taxes annually. The temporary guidance under Section 139L applies immediately to qualifying loans secured by farmland, livestock operations, and aquaculture facilities.
IRS clarifies 100% first-year bonus depreciation rules

IRS clarifies 100% first-year bonus depreciation rules

The IRS recently issued new guidance clarifying how the permanent 100% bonus depreciation deduction will work moving forward. This allows businesses to fully deduct the cost of qualified property in the year it's placed in service, rather than depreciating it over several years.
Understanding Trump Accounts: what parents need to know about the new child-focused IRA

Understanding Trump Accounts: what parents need to know about the new child-focused IRA

Trump Accounts are a new type of tax-advantaged retirement account for children, created under 2025 legislation and clarified by recent IRS guidance. While contributions can't begin until mid-2026, families can begin preparing now. This article explains what is currently known, what remains uncertain, and how Trump Accounts compare to other common savings tools like Roth IRAs and 529 plans.
The mega backdoor Roth: a straightforward strategy for high earners locked out of Roth IRAs

The mega backdoor Roth: a straightforward strategy for high earners locked out of Roth IRAs

For high-income professionals locked out of traditional Roth contributions, mega Roth conversions offer a powerful alternative. By contributing after-tax dollars to fill unused space under the $72,000 annual 401(k) limit and immediately converting them to Roth, eligible savers can funnel tens of thousands annually into tax-free growth.
Start the Year Strong: Why Delegation Matters for Nonprofit Leaders

Start the Year Strong: Why Delegation Matters for Nonprofit Leaders

Many nonprofit executives struggle with delegation, often trying to handle too much themselves. This leadership habit can limit staff development and stretch leaders too thin. The new year offers an ideal opportunity to reassess priorities, hand off appropriate tasks, and empower your team while focusing on mission-critical work.
How Qualified Charitable Distributions Became Even More Tax-Efficient for Seniors

How Qualified Charitable Distributions Became Even More Tax-Efficient for Seniors

Qualified charitable distributions allow seniors 70½ and older to transfer IRA funds directly to charity tax-free. Recent tax law changes have made QCDs even more advantageous, helping donors avoid income-based phaseouts, Medicare surcharges, and new charitable deduction limitations while satisfying required minimum distributions.
Why Audits Are Critical for Nonprofit Organizations

Why Audits Are Critical for Nonprofit Organizations

As scrutiny of nonprofit organizations intensifies, audits have become essential tools for financial transparency and accountability. Beyond assessing financial health, audits uncover operational vulnerabilities and demonstrate fiscal responsibility to donors and stakeholders. Understanding both internal and external audit processes helps nonprofits maintain trust and compliance.
Navigating Child Tax Benefits After Divorce: What Parents Need to Know

Navigating Child Tax Benefits After Divorce: What Parents Need to Know

Divorce raises critical questions about who can claim valuable child-related tax breaks. Understanding custodial parent rules, the noncustodial parent release option, and which benefits can be shared is essential for maximizing tax advantages and avoiding costly mistakes during negotiations.
Understanding Tax Deductions for Continuing Care Retirement Community Fees

Understanding Tax Deductions for Continuing Care Retirement Community Fees

Continuing care retirement communities offer varying levels of care but come with substantial costs. Learn how taxpayers who itemize may be able to deduct a portion of CCRC entry fees and monthly expenses as qualified medical expenses, potentially making these communities more affordable.
FAFSA Updates for 2026-2027: New Rules That Could Benefit Your Family

FAFSA Updates for 2026-2027: New Rules That Could Benefit Your Family

The FAFSA application for 2026-2027 is now available with significant enhancements. Recent legislation has simplified the process, expanded eligibility, and introduced new exemptions for family-owned business assets. Understanding these changes could help your family access more financial aid for college expenses.
5 Important Federal Tax Updates You Need to Know

5 Important Federal Tax Updates You Need to Know

Stay informed about the latest federal tax changes affecting individuals and families. From expanded Trump Account eligibility and new scholarship tax credits to critical tip reporting deadlines and IRS notice improvements, these updates could impact your financial planning and tax obligations in the coming years
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