|
|
|
Caledonian Fund Services provides quality tax planning, preparation, and compliance services to U.S. funds. In addition, Caledonian can assist non-U.S. funds with relevant IRS reporting requirements, if any. A staff of Certified Public Accountants with extensive experience in all facets of U.S. income taxes is available to assist fund managers in identifying and implementing important tax decisions for the fund, the manager, and, in some cases, the key individuals.
|
|
Our standard comprehensive Tax services include:
|
- Structure considerations and relevant elections
- Preparation of U.S. entity tax returns and relevant forms (K-1’s, PFIC’s),
- Distribution of K-1’s in electronic format
- Compliance with U.S. statutory withholding requirements
- Wash sale considerations
- Management of unrealized gains/losses and consideration of market-to-market accounting (IRS rule 475(f))
- Foreign currency gains and losses
- Determine investors’ allocation of income, expenses & realized gain/loss
- Prepare tax estimates
|
|
|
|
|