Investment Funds

At Spielman Koenigsberg & Parker the General Partners of investment partnerships find the timely and knowledgeable back office, auditing, tax and management consulting services they require to allow them to focus on the issues of greatest importance … asset management and investment performance.

Based on our extensive experience with investment partnerships we are often called upon to assist the General Partner and their attorneys in the formation of new entities, including the development of the partnership agreement and private placement memorandum.

For ongoing investment partnerships we provide comprehensive audit and taxation related services, including:

  • Proactive planning of securities tax transactions to create
    optimum tax benefits.
  • Year-end audit of securities transactions and capital accounts (GAAP)
  • Timely distributions of year-end estimate letters to enable partners to adjust their personal tax estimates.
  •  Providing annual K-1s to partners—including equitable allocation of realized tax transactions to each partner’s tax basis capital account—on a timely basis.
  • Preparation of Federal, state and local partnership tax returns