VSH CPAs

VSH CPAs CPA firm serving Whatcom and Skagit counties as well as international clients.

VSH is a dynamic and responsive, full-service CPA firm located in the Barkley District in Bellingham, WA in Whatcom County and Burlington, WA in Skagit County.

The tax benefits of Qualified Opportunity Fund investments aren't over, but a significant planning milestone is approach...
06/17/2026

The tax benefits of Qualified Opportunity Fund investments aren't over, but a significant planning milestone is approaching.

At the end of 2026, deferred gains invested in Qualified Opportunity Funds will generally become taxable. For many investors, that could create a substantial income inclusion and potential tax liability.

With time still available to evaluate strategies such as loss harvesting, accelerated deductions, and other planning opportunities, now may be a good time to review the potential impact.

Read more: https://vshcpa.com/news/managing-2026-income-taxes-on-qualified-opportunity-zone-fund-investments/

New tax incentives could create meaningful opportunities for construction companies, but timing and planning matter.From...
06/16/2026

New tax incentives could create meaningful opportunities for construction companies, but timing and planning matter.

From bonus depreciation and R&D incentives to energy-related provisions, understanding which incentives apply and how they fit into your broader strategy can have a significant impact on cash flow and profitability.

For construction businesses, now is a good time to revisit tax planning strategies and evaluate where these incentives may create value.

Read more: https://cstu.io/d601c5

As more businesses expand and invest in U.S. operations, site selection has become about far more than geography.Labor, ...
06/15/2026

As more businesses expand and invest in U.S. operations, site selection has become about far more than geography.

Labor, infrastructure, incentives, and permitting can all affect project costs, timelines, and long-term success. The organizations that evaluate these factors early are often better positioned to avoid costly delays and maximize available opportunities.

Our team helps businesses evaluate the tax and incentive considerations that can impact expansion decisions.

Read more: https://vshcpa.com/news/site-selection-under-pressure-how-to-expand-without-leaving-value-on-the-table/

Washington's Millionaires Tax and recent estate tax changes add new planning considerations for high-income individuals ...
06/10/2026

Washington's Millionaires Tax and recent estate tax changes add new planning considerations for high-income individuals and families.

As tax laws evolve, understanding the potential impact on your wealth transfer and tax strategy is critical. Proactive planning can help you navigate these changes with greater confidence.

Our team is monitoring these developments and helping clients evaluate their options.

Read more: https://cstu.io/ce3e2e

Cost segregation can unlock significant tax savings, but the largest deduction today isn't always the best long-term out...
06/09/2026

Cost segregation can unlock significant tax savings, but the largest deduction today isn't always the best long-term outcome.

Accelerated depreciation can improve cash flow and create opportunities for growth. The key is balancing those benefits against future depreciation recapture, exit plans, and overall investment goals.

Strong tax planning looks beyond the current year's savings and considers the full financial picture.

If you have questions about whether a cost segregation study aligns with your strategy, our team can help evaluate the opportunities and tradeoffs.

Read more: https://cstu.io/66db36

We’re proud to recognize Hernan Torres-Beltran as the recipient of the VSH CPAs $1,500 WWU Outstanding Junior Award! Her...
06/04/2026

We’re proud to recognize Hernan Torres-Beltran as the recipient of the VSH CPAs $1,500 WWU Outstanding Junior Award!

Hernan was honored at the Beta Alpha Psi (BAP) event held at the Alaska Ferry Terminal, celebrating outstanding accounting students at Western Washington University.

We’re excited to support the next generation of accounting professionals and recognize students who demonstrate exceptional dedication, leadership, and academic achievement.

Pictured with Hernan are Stephanie Hermanutz, Senior Manager in VSH’s International Service Line, Judy Sprecher, HR Manager at VSH, and Dr. Aaron Moore, the new Chair of the WWU Accounting Department.

Congratulations, Hernan — we’re excited to see all that’s ahead for you!

A recent federal court case, Kwong v. United States, could create refund opportunities for taxpayers related to certain ...
06/02/2026

A recent federal court case, Kwong v. United States, could create refund opportunities for taxpayers related to certain IRS penalties and interest from the COVID relief period.

The key takeaway: some taxpayers may need to act before July 10, 2026, to preserve potential claims. The IRS will not issue refunds automatically.

VSH is actively monitoring the developments and helping clients evaluate whether protective refund or abatement claims may be appropriate.

Cross-border real estate operators, developers, and advisors:Tomorrow is the day for our webinar, Optimizing Value in Cr...
06/01/2026

Cross-border real estate operators, developers, and advisors:

Tomorrow is the day for our webinar, Optimizing Value in Cross-Border U.S. Real Estate!

Be sure to register before the event so you don’t miss it: https://event.vshcpa.com/optimizing-value-in-cross-border-u.s.-real-estate

An inefficient structure can limit distributions across jurisdictions, lock in tax exposure, and reduce control when flexibility matters most. This webinar will help you avoid these pitfalls.

See you tomorrow at 11:00 AM PT for a practical discussion on structuring considerations for cross-border U.S. real estate investments and portfolios.

Cross-border real estate operators, developers, and advisors:There are less than two weeks left to register for Optimizi...
05/21/2026

Cross-border real estate operators, developers, and advisors:
There are less than two weeks left to register for Optimizing Value in Cross-Border U.S. Real Estate.

This webinar will focus on a decision that can shape the outcome of a U.S. real estate investment long before exit: how the deal is structured.

An inefficient structure can limit distributions across jurisdictions, lock in tax exposure, and reduce control when flexibility matters most.

𝗝𝗼𝗶𝗻 𝘂𝘀 𝗼𝗻 𝗝𝘂𝗻𝗲 𝟮 𝗮𝘁 𝟭𝟭:𝟬𝟬 𝗔𝗠 𝗣𝗧 for a practical discussion on how to approach U.S. real estate structuring for cross-border portfolios before costly constraints are built in.

Register here: https://event.vshcpa.com/optimizing-value-in-cross-border-u.s.-real-estate

Chris Sullivan, Managing Partner at VSH CPAs, recently joined David Dick, Paul Humphreys, and Tom Doll for Exit Like a P...
05/20/2026

Chris Sullivan, Managing Partner at VSH CPAs, recently joined David Dick, Paul Humphreys, and Tom Doll for Exit Like a Pro, a business owner seminar focused on preparing for a future transition.

The discussion brought together perspectives from financial planning, M&A advisory, tax, and exit planning.

For business owners, the takeaway is clear: a successful exit is usually shaped long before the transaction begins.

Early planning gives owners more time to strengthen value, address risk, and make decisions with a clearer view of what comes next.

Thank you to Financial Plan, Inc., ACT Capital Advisors , and TD Partners for helping bring this practical conversation to local business owners.

Address

2200 Rimland Drive, Ste 205
Bellingham, WA
98226

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

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