Monthly News & Updates July 2025 | Issue 6-25

As we embark on this month with sunshine and summer vacation, let's take a moment to reflect on the exciting financial opportunities and the latest developments that will shape your financial world this month!

TAX COMPLIANCE NEWS

July 9, 2025: Tariffs Return to Their Higher Rates. What's The Economic Effect?

The return of higher tariffs on July 9, 2025, is poised to impact the U.S. economy in several key ways, including inflation pressures, business operations, market volatility, employment, investment, and global trade relations. The president hopes that his tariffs will help protect U.S. jobs, encourage companies to invest more in the country, ​​and raise government revenue. However, many economists argue that the tariffs will harm growth, as higher prices for goods put a strain on household budgets. 

The Big Beautiful Tax Act Raises Taxes on Immigrants, Elite Universities, Owners of EV Cars, Gamblers, and Low-Income Americans. What Does it Mean for Your Money?

President Trump's $3.4 trillion fiscal tax and spending package is now the new U.S. tax law that will shape the next four years of the Trump administration until it is replaced by another tax law. This new law will broadly impact the wallets of millions of Americans. Several provisions raise taxes on immigrants, including a new 1% tax on transfers of money to foreign countries. The tax credit for solar panels and wind systems is phased out, and the $7,500 consumer tax credit for purchasing an EV car is eliminated. Listen to our podcast as we break it down for you.

AUDIT AND OTHER COMPLIANCE NEWS

What Is Agreed Upon Procedures? Everything You Need To Know?

You need financial clarity, but a full audit feels like overkill. Your nonprofit board wants specific compliance checks. Your venture capital firm requires targeted due diligence procedures. Sound familiar? You might be asking, what is agreed-upon procedures and how does it work? A flexible, cost-effective solution that gives you exactly what you need without the complexity of traditional audits. 

Friends and Family, Angel Investors, and Venture Capital Funds: What's the difference?

Early-stage investors typically include friends and family, angel investors, and venture capital funds, each differing in investor profile, investment stage, structure, involvement, and investment size. However, despite these distinctions, federal securities laws do not recognize separate regulatory exemptions based on investor type or funding round name. Companies must still structure their fundraising under existing exemptions, like Regulation D, to avoid registration, usually by selling to accredited investors.

EVENTS ANNOUNCEMENT

Calling VCs, angel investors, fund managers, bankers, auditors, accountants, lawyers, advisors or anyone interested in learning more about the venture capital ecosystem. VC industry-leading accounting and financial service providers will share insights, exchange ideas, and catalyze growth around the six individual sessions to discuss topics such as VC fund audit, accounting, marketing, banking and management.


Are you an innovator? Click here to apply to pitch investors at the conference.

LNB Diversity VC Innovator Awards

2025 Edition Coming Soon!

(Previously LNB BIPOC VCs Recognition Night)


The LNB Diversity VCs & Innovation Awards (LNB-DVCIA) is back for another edition with a new name, new format, and new partners. This meaningful community outreach program, the first of its kind, is an annual event to honor those from the VC industry who pave the way for future generations. Stay tuned for more details and click on the picture to watch the video of the previous edition.


Facebook  LinkedIn  YouTube  Instagram