This year’s event, held at the InterContinental in New York City November 16-17, will spotlight President Joe Biden’s tax proposals and the effective tax accounting strategies to stay ahead of potential costly regulatory changes.
Back as an in-person event for better networking– organized safely–The FRA Private Investment Fund Tax & Accounting Forum will feature two days of interactive discussions with industry experts on critical topics, including tax proposals, IRS instructions for new Schedules K-2 and K-3, ransomware attacks, qualified staffing shortages, and cryptocurrency growth.
Here’s a preview of what FRA has in store for this year’s forum:
Timely content themes
The conference sessions and speakers will focus on four critical areas within the industry:
- The potential tax hike and its looming increase to tax rates for the wealthy, a reduction of partnership benefits, and a change of taxation of carried interest from a capital gains rate to an income rate
- Market based sourcing to pursue tax revenue from flow-through entities
- The treatment of cryptocurrency in the absence of clear standards or guidance
- Cybersecurity breaches and how regulators are looking at areas of concern
Designated days for tax planning and accounting
The first day of the forum will be a deep dive into tax planning, with sessions covering:
- Year-end tax planning considerations based on where tax proposals might land
- The new K-2 and K-3 instructions and tax capital reporting on K-1s
- 1202 stock and how to leverage the most significant tax benefits available for PE investors
- IRS controversy insights on better funded campaigns and audits
- State and local tax impact to sourcing
- The premise and benefit of residency planning and the latest on Puerto Rico and states
- Tax considerations for foreign funds investing in the U.S.
- Cryptoasset tax treatment trends amid tightening oversight
Day two of the conference will explore accounting and operations best practices. The sessions will cover:
- The environmental, social, and governance (ESG) complexity of private investment funds
- Best practices for family offices
- Strategies to reduce the risk of ransomware attacks and other cyberthreats
- The latest threats impacting organizations and how to minimize loss with incident response
- How to account for and report cryptocurrency through unparalleled volatility
- CFO perspectives on managing operations in 2021 and beyond
New speaker line-up
This year’s agenda also features an impressive list of esteemed speakers new to the event, including:
- James Parillo, venture capital digital asset investor, Figment
- Edgar Ríos Méndez, member, Pietrantoni Méndez & Alvarez
- Delina Bakalli, tax managing director, BDO USA
- Brendan Ryan, tax manager, investment funds, RSM US
- Dianne Mehany, US EY private national tax principal, EY
- Angela Jhanji, director, ESG & sustainability services, Grant Thornton
- Jennifer White, partner, Reed Smith
CPE credits available
Forum attendees will have the opportunity to earn CPE credits. Participants can earn 14.5 CPE credits for both days, or 7.0 CPEs for attending one of the two days. To learn more about earning CPE credits, click here.
Health and safety protocols
As FRA returns to in-person attendance, rest assured that the team is incorporating health and safety measures to ensure attendees, speakers, exhibitors, and FRA staff have a healthier and safer conference experience. Proof of COVID-19 vaccination will be required to attend the conference. To read more about the health and safety protocols, click here.
To learn more about FRA’s Private Investment Fund Tax & Accounting Forum, including the full agenda, list of speakers, and registration information, click here.