Discover how crowdfunding can be a powerful tool for nonprofits while navigating the complex tax implications it brings. Learn about crucial IRS thresholds, reporting requirements, and best practices to ensure compliance and maximize your fundraising efforts. Dive deeper to understand the benefits and challenges awaiting your organization in this evolving fundraising landscape.

Unlock the potential of corporate sponsorships for your nonprofit without falling into the Unrelated Business Income Tax (UBIT) trap. This article guides you through distinguishing qualified sponsorships from taxable endorsements, helping protect your tax-exempt status while maximizing support. Discover strategies to navigate UBIT, ensuring your organization benefits without unexpected liabilities.

Vasquez + Company LLP at the LALCC Biz Expo 2025!

Navigating the turbulent waters of recent U.S. tariff changes requires strategic foresight and adaptability for businesses reliant on foreign imports. Discover essential tactics to mitigate risks, from reshoring opportunities and pricing adjustments to leveraging Foreign Trade Zones and tariff engineering. Equip your enterprise to thrive despite the uncertainties of a shifting tariff landscape.

Discover how recent legislative changes under the SECURE 2.0 Act are reshaping SIMPLE retirement plans for small businesses. This article delves into their new complexities, enhanced catch-up contributions for older employees, and the exciting potential of Roth-type SIMPLE options. Dive into the details to better navigate retirement planning in today's evolving landscape.

Owning a vacation home offers both joys and financial complexities, especially when it comes to taxes. This guide delves into strategies to handle capital gains, exclusions, and tax-saving options like converting your retreat into a primary residence or leveraging a 1031 exchange. Discover how to balance financial gains with personal connections to make the most of your investment.

Navigating the world of quarterly estimated taxes is crucial for freelancers, entrepreneurs, and gig workers. This guide demystifies who should pay, the deadlines involved, and strategies to avoid penalties. Equip yourself with essential tips to streamline the process and keep your finances in check.

Navigating a divorce involving a private business can be complex, with significant financial stakes tied to proper asset valuation. This article delves into the nuances of marital asset valuation, highlighting methodologies for business valuation, the challenges of distinguishing marital from non-marital portions, and the risks of "double dipping." Discover how engaging expert valuators early can safeguard financial well-being and ensure a fair division of assets.

Stay ahead of the tax curve with key updates from the IRS designed to help you file correctly and protect your assets. From understanding amended returns and deadlines for U.S. citizens abroad to securing your refund from fraud, this guide highlights crucial information, including opportunities with ABLE accounts and the consequences of tax evasion. Dive into the complexities of the evolving tax landscape to ensure compliance and maximize your financial benefits.