Our clients have unique challenges and are exceptionally prudent. We aim to meet their high expectations by providing tailored tax services to each client.
Tax Preparation for Hedge and Venture Capital Funds
Our accountants have extensive experience in helping clients nationwide with tax reporting for hedge funds and other investment types.
Because hedge funds pay taxes at a higher rate than ordinary income and capital gains are taxed twice, we want to help you be prepared. We can assist you in setting up the initial fund structure, reviewing your asset's value, and serving as your designated Partnership Representative as well as preparing your IRS and state taxes.
My firm hired Akram & Associates, Certified Public Accountants, to prepare the K-1s for our long/short fund and our general partnership. Firm's knowledge, level of service and promptness were all excellent and I would highly recommend Akram & Associates to others.
Barry Gladstein, Portfolio Manager/CFO
Cross Ledge Investments LLC - Greater Philadelphia Area, PA
At Akram | Assurance, Advisory & Tax Firm, we can perform yearly audits on your hedge fund or other invested assets to efficiently interpret and prepare complex K-1 and other associated tax forms that are necessary to keep you compliant with all tax laws.
For easy reference, you may download our Alternative Investments Audit & Tax Services brochure (PDF).
Tax Preparation for High Net-Worth Individuals
Your elevated net worth comes with many tax complexities, particularly with assets, property, investments, and various other sources of revenue. If these variables are not accounted for or correctly classified, audits and penalties may follow. We want to make your life easier and will walk you through each step.
Tax preparation services will organize your finances, apply the right tax forms, and complete them accurately and on time. We also look for possibilities to use tax deductions, exemptions, credits, and deferment when preparing your forms to restrict your tax liability when applicable. We stay up-to-date on all tax legislation modifications, ensuring nothing is ignored.
Our accountants' expertise will help keep you compliant with federal and state tax regulations, deadlines, as well as with expatriate taxes and FBAR filings. Whether you live and work abroad or have foreign bank accounts, we can help you manage your income and assets to keep you IRS compliant.
Other tax services include:
- Expatriate Tax Services
- Foreign Bank Accounts Report (FBAR)
- Tax Planning
- Tax Preparation
- IRS Tax Problems
We are proud to serve as a trusted partner to our clients and are humbled by the industry recognition we have received. Akram has been shortlisted for the HFM US Services Awards for three years in a row. We have also been shortlisted again for the Hedgeweek Americas Awards 2021.
Contact Us Today
Akram is here to help. Call us toll-free, or use the form on this page to schedule a free consultation.