Vasquez + Company LLP has been named a 2025 West Coast Regional Leader by Accounting Today for the second consecutive year, recognizing the firm’s continued growth and industry leadership. This achievement reflects Vasquez’s commitment to excellence, innovation, and high-quality client service.

Discover how to navigate the complex world of digital asset taxation in 2024. This guide explores how the IRS classifies and taxes assets like Bitcoin and NFTs, offering insights on reporting gains, avoiding penalties, and staying compliant. Dive in to protect your investments and ensure your tax return accurately reflects your digital transactions.

Starting May 7, 2025, travelers will need a REAL ID-compliant license or an approved alternative to fly domestically or enter certain federal facilities. The REAL ID Act, stemming from post-9/11 security changes, requires enhanced ID standards, affecting millions of Americans. Don’t get caught unprepared—learn what you need to ensure a hassle-free travel experience.

Prepare for the 2025 tax deadline by exploring key strategies to potentially lower your 2024 federal income tax liability. Discover the benefits of HSAs, deductible IRAs, and navigating SALT options, along with insights into medical expense deductions and casualty loss claims. Equip yourself with these tips to optimize your tax situation and minimize your overall responsibility.

Discover the intricacies of the Accumulated Earnings Tax (AET) and how it affects C corporations trying to balance growth and tax efficiency. This article explores triggers, consequences, and strategies for AET management, providing valuable insights on tax planning to minimize penalties while maximizing business potential. Dive into the differences between AET and the Personal Holding Company tax to ensure your corporation stays compliant and financially sound.

As tax season approaches, small business owners have various last-minute strategies at their disposal to manage and potentially reduce their 2024 tax liabilities. From understanding key filing deadlines to leveraging deductions like the Qualified Business Income deduction and Section 179 depreciation, this guide explores proactive steps that could significantly impact your tax position. Discover how acting swiftly and strategically can set you up for success in the upcoming tax year.

Navigating post-year-end contributions can still help you decrease your 2024 tax bill and boost retirement savings. From IRAs to small-business retirement plans like SEP IRAs and profit-sharing plans, discover strategies for maximizing deductions this tax season. Explore which plan suits your needs and deadlines to ensure an optimal financial future.

Navigating COBRA compliance can be complex, yet it plays a critical role in safeguarding employee health benefits during transitions like job loss or reduced hours. This article breaks down essential COBRA requirements for employers, emphasizing the importance of timely communication and organized processes to prevent legal pitfalls and foster workforce goodwill. Discover how upholding these obligations can protect your organization and support your employees in times of change.

Mishandling payroll taxes can lead to dire consequences, including personal liability for business owners and key personnel. Discover how these liabilities arise, the serious repercussions of neglect, and proactive steps you can take to avoid falling into the payroll tax trap. Stay informed to protect your business's financial health and reputation.

Uncover the potential hidden wealth in forgotten financial accounts. This article guides you through reclaiming lost assets, highlights the importance of proper documentation, and offers tips to keep your finances organized and accessible. Dive in to prevent future financial mysteries and turn nostalgic discoveries into real financial gains.