How the Tax Cuts and Job Act Will Impact Hedge Funds, Private Equity and Alternative Assets Nov10

Posted by & filed under Baker Tilly Tax Tips, Hedge Fund Assets.

tips

The hedge fund, private equity and alternative asset industries could be impacted by a number of tax provisions proposed in the House Ways and Means Committee’s comprehensive tax reform bill called the “Tax Cuts and Job Act” released on Nov. 2, 2017. The act as it stands currently, however, does not include any changes to the taxation of financial products

... Read more »

How Hedge and Private Equity Fund Owners Can Structure Employee Compensation to Keep Their Superstars Oct27

Posted by & filed under Baker Tilly Tax Tips.

tips

As any astute business owner knows, superstar employees don’t come cheap. But without them, profits and that edge over competitors can be elusive. In the highly competitive world of hedge and private equity funds, how best to compensate premier talent can be both a daunting and complex balancing act

... Read more »

State Sourcing Income Rules for Hedge and Private Equity Funds Jul18

Posted by & filed under Baker Tilly Tax Tips.

tips

As if the Internal Revenue Code, Treasury Regulations and various federal courts didn’t make taxes complicated and confusing enough, hedge fund and private equity managers must also contend with the varied, and often contradictory, state laws regarding sourcing of income. No unifying principle seems to translate from one jurisdiction to the next with one exception: all states seem to be saying we want more

... Read more »

Baker Tilly Midyear Tax Update Jun27

Posted by & filed under Baker Tilly Tax Tips.

tips

Our midyear tax update focuses on state and local tax changes as states are becoming increasingly proactive in locating additional sources of revenue and definitions of nexus are constantly evolving. We also discuss the new financial statement revenue recognition process and how it impacts revenue when it is taxed for federal income tax purposes

... Read more »