Insights

White House releases budget; Treasury releases FY 2023 Greenbook

White House releases budget; Treasury releases FY 2023 Greenbook

Treasury Greenbook highlights fiscal year priorities of the Administration. It includes $2.5 trillion in revenue proposals and continues the theme of increases in high-income and corporate taxation.
The Best in Employee Benefit Plan Reporting

The Best in Employee Benefit Plan Reporting

At Vasquez & Company LLP, we see the importance of having a credible business advisor and partner to evaluate your organization’s efficiencies and fiscal fitness for future operations.
Executive Order provides path to regulation of digital assets

Executive Order provides path to regulation of digital assets

Executive Order provides an outline for next steps related to guidance and regulation in the digital asset space.
Inflation has risen – can I really raise my prices?

Inflation has risen – can I really raise my prices?

As companies across industries continue to grapple with inflation, more executives are taking a closer look at whether to increase prices.
The Real Economy: March 2022

The Real Economy: March 2022

This month’s issue of The Real Economy examines rising inflation’s impact on middle market businesses.
Updated practice aid: Accounting for digital assets

Updated practice aid: Accounting for digital assets

The AICPA Digital Assets Working Group has updated a practice aid regarding the accounting for and auditing of digital assets.
Proposed PFIC regulations revise reporting by US partnerships

Proposed PFIC regulations revise reporting by US partnerships

IRS issued proposed PFIC regulations which impact US partners with foreign assets held through US partnerships.
Navigating the uncertain fates of Build Back Better and key tax issues

Navigating the uncertain fates of Build Back Better and key tax issues

Uncertainty about significant tax changes proposed in the Build Back Better bill require attention and action from taxpayers.
Family office dream team

Family office dream team

An effective family office requires the right mix of internal and external capabilities to balance best-in-cost with best-in-class.
IRS releases new guidance on R&D credit refund claim procedure

IRS releases new guidance on R&D credit refund claim procedure

The IRS released a memorandum and FAQs to provide procedural guidance regarding R&D credit refund claims on amended tax returns.
Smile! New IRS identity verification process requires a selfie

Smile! New IRS identity verification process requires a selfie

The IRS is tackling identity theft by using ID.me verification technology to guard access to online services.
Private equity fund 2021 year-end global updates

Private equity fund 2021 year-end global updates

This alert covers certain key 2021 global developments that may impact tax planning with respect to private equity funds in 2022.
New fast-track program for corporate PLRs cuts process time in half

New fast-track program for corporate PLRs cuts process time in half

New pilot program under Rev. Proc. 2022-10 provides fast-track processing for corporate PLRs in 12 weeks’ time.
Congress open to considering a pause on automated tax notices

Congress open to considering a pause on automated tax notices

National Taxpayer Advocate, Erin Collins, recommends the IRS pause automated collection notices. Congress may consider the recommendation.