Tax Services

 

We work to minimize your tax liabilities and to help you successfully navigate through complicated federal and state tax laws, regulations and issues.

 

Tax Return Coordination and Preparation

• Prepare federal and state tax returns for private equity partnerships and private equity of funds, including those that have elected to be taxed as foreign or domestic corporations 

• Prepare:

  • Partners' Share of Income, Deductions, Credits, etc. (Schedule K-1 - Form 1065)

  • Annual Withholding Tax Return for U.S. Source Income of Foreign Persons (Form 1042) and Foreign Person's U.S. Source Income Subject to Withholding (Form 1042-S)

  • Foreign Partner's Information Statement of Section 1446 Withholding Tax (Form 8805)

  • Foreign Bank Account Report (FinCEN 114)

  • State income tax withholding calculations and required forms for compliance 

  • Investor tax booklets

  • Forms 1099

• Provide technical tax support 

• Provide tax audit support and correspondence

 

Tax Consulting

• Answer tax-related investor inquiries

• Coordinate Forms W-8 and W-9 compliance and assess FATCA compliance

• Calculate and track tax basis of investments and flow-through entity tax basis

• Maintain individual partners' 704(b) and tax capital accounts

• Advise on fund setup and entity structuring

• Advise on the tax implications associated with investor or fund level transfers or mergers, including identifying FIRPTA transactions