Taxation of U.S. Investment Partnerships and Hedge Funds: Accounting Policies, Tax Allocations and Performance Presentation

The book presents a clear roadmap for accounting, tax policies, tax filing and performance presentation for US investment partnerships and hedge funds. It unravels the layers of complexity that daunt the managers and CFOs hedge funds and presents a lucid approach to formulating accounting policies for tax reporting so that the overall cost of the financial and legal functions within U.S. investment partnerships are greatly reduced. Understanding the pitfalls and optimizing across legitimate policies that are consistent with the IRS regulations works to the tremendous advantage of a US investment partnership.