Tax Compliance and Consulting 

At HedgeCount, LLC, we understand that the timely delivery of Investor K-1s is one of the most crucial investor reporting issues managers have to deal with.  One of the primary benefits of engaging HedgeCount, LLC to handle your Fund's tax compliance matters is timing.  Because HedgeCount, LLC prepares a fund's tax allocations along with the fund's book allocations each break period, we are well positioned to deliver investor K-1s much quicker than another outside service professional.  Another benefit of engaging HedgeCount, LLC to handle your Fund’s tax compliance matters is our ability to generate year-end tax estimates for the Fund's investors.  

One of the most unique aspects of HedgeCount, LLC is our ability to supplement our fund administration services with the delivery of comprehensive tax services at the management company level and management company Principal level.  By serving as the Tax Advisor at all levels, HedgeCount, LLC substantially reduces the number of service professionals involved in the tax preparation process and creates potential tax savings opportunities because of our ability to "see the whole picture."

HedgeCount, LLC offers a host of tax services, including:

Domestic Fund Tax Services:

• Preparation of federal and State partnership tax returns and Investor K-1s
• Wash sale, constructive sale and straddle analysis
• Preparation of year-end tax estimates
• Tax minimization planning
• Trader versus Investor determination
• Preparation of Forms 1042 and 1042-S for non-U.S. investors
• Preparation of Forms 926 and 8865 for investments in offshore funds
• Preparation of Form 8621 for PFIC investments
• IRS and State Audit assistance  

Offshore Fund Tax Services:

• Preparation of federal and State partnership tax returns and Investor K-1s for offshore master funds or stand-alone offshore funds that made a "check-the-box" election
• Annual PFIC Information Statement preparation

Management Company Tax Services:

• Preparation of federal and state tax returns and Member K-1s
• Payroll tax compliance
• Form 1099 preparation
• San Francisco Business & Payroll tax preparation
• California Form 571-L Property Tax preparation
• Compensation planning
• IRS and State Audit assistance

Individual Tax Services:

• Preparation of personal tax returns for management company principals, investment advisors and traders
• Tax projections and estimated tax calculations
• Tax and Retirement Planning
• IRS and State Audit assistance

Contact us if you would like more information about our tax compliance and consulting services.