The live-streaming virtual event will be held December 5-6. Here’s an inside look at what FRA has planned so far.

As the most comprehensive tax and accounting event for both private equity and hedge funds, the Private Investment Fund Tax & Accounting Forum will arm tax and accounting firms, fund administrators, attorneys with fund clients, portfolio companies, and funds from around the country with timely updates and best practices related to effective tax and accounting strategies.

Industry specialists and thought leaders will focus on the future of private equity based on proposed regulatory measures from the SEC and IRS, tax implications of handling foreign investors’ funds in the United States, how to remain compliant with state and federal regulation on reporting of crypto currencies, and the role of auditing in private equity.

Planned sessions

This year’s agenda includes the following sessions:

A discussion about tackling the Nexus Standard of state tax and how to identify how certain investments can trigger requirements for filing with additional states, the cost of market-based sourcing and why it must be priced into management fees, and the challenges involved with acquisitions and how they can change the classification of tax credits and operating losses.

A deep dive into withholding obligations for foreign investment funds, including regulations on tax treaties to effectively reduce withholdings, valuable considerations when filing the K1's Foreign Partners Information Statement, and the withholding exemptions in section 1446(f) of the IRC.

Private Investment Fund Tax and Accounting Forum

The evolving landscape of crypto tax compliance and how to identify the tax implications of virtual currency being treated as property, how to manage crypto tax-filing with states that have not implemented guidance, and how specific attributes of a virtual currency can lead to increased scrutiny from the IRS.

A look at the next stop on the environmental, social, and corporate governance (ESG) road, with a focus on the impacts that the SEC's Climate Disclosure Rule could have on sustainable investing for private equity and hedge funds, ESG reporting and how evolving guidelines are changing the way companies approach their sustainability efforts via internal audits and materiality assessments, and insights around how ESG is transforming communication between companies and their suppliers.

A panel discussion about the great firewall to share updates in cybersecurity, including best practices for securing data and privileged client information, a case study on how the private equity sector has been targeted in the past, and the measures to take in worst case scenarios such as a breach.

An opportunity for CPE credits

Forum attendees will have the opportunity to earn CPE credits from the virtual event. Participants can either earn 14.0 CPE credits for both days, or 7.0 CPEs for attending one of the two days.

To learn more about FRA’s Private Investment Fund Tax & Accounting Forum, including the full agenda, list of speakers, and registration information, click here.