Business tax rules are full of nuances that can catch owners off guard. This article explores key topics including capitalizing intangible asset costs, passive activity loss rules for limited partners, the repair vs. improvement distinction, tax deductions for working animals, and the tax implications of running a business with your spouse.
Getting an unexpected tax bill from the IRS is a stressful experience no one wants to repeat. The good news is that it is often preventable. By periodically reviewing your withholding amount and making simple adjustments, you can stay ahead of tax season and avoid unwelcome financial surprises at filing time.
When an employee going through a divorce informs you that a court will be issuing a Qualified Domestic Relations Order (QDRO), are you prepared? As a plan administrator, you carry both legal and fiduciary obligations under ERISA. Here are the essential steps you need to take to stay compliant.
An IRA is one of the most powerful tools for building retirement security, but common missteps can be costly. From choosing the wrong account type to overlooking beneficiary designations and transfer rules, many people unknowingly reduce their savings potential. Learn how to avoid these seven mistakes and make the most of your IRA.
As AI is transforming finance, the role of the strategic advisor is becoming even more important in guiding business decisions.
Discovering you owe the IRS money after filing your federal tax return can be stressful, especially when the amount is significant. Fortunately, proactively reviewing and adjusting your withholding can help you avoid that unwelcome surprise. Learn what triggers a withholding review, how to use the IRS calculator, and how to make changes.
Your will or living trust may not be enough to ensure your assets reach the right people. For many, beneficiary designations control the distribution of retirement accounts, life insurance, and other key financial assets. Learn why keeping these designations current is one of the most critical steps you can take in estate planning.
If you own a closely held business, it needs to be a central part of your estate plan. Knowing what your business is worth can help you make smarter gifting decisions, take advantage of current tax exemptions, and transfer more wealth to the people you care about. Here is what you need to know.
Vasquez + Company LLP has been named the 2026 CalCPA Award for Community Impact recipient, honoring the firm’s longstanding commitment to service, inclusion, and community engagement. From professional education programs to outreach through The Vasquez Advantage, the firm’s culture of giving back continues to create meaningful, lasting change.
Vasquez + Company LLP has been named to the INSIDE Public Accounting Top 300 Firms list for 2026, marking the second consecutive year the firm has earned national recognition. The ranking reflects the firm’s continued growth, expanding service capabilities, and the combined contributions of its U.S. offices and The Vasquez Advantage in the Philippines.