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Asset Management Insights

Crucial Tax Due Diligence Issues for S Corporation Acquisitions

Thorough Tax Due Diligence is critical for private equity or venture capital acquisitions. Without it, buyers may risk finding themselves responsible for unexpected tax liabilities. Though S corporations are flow-through entities—meaning that items of income and loss are allocated and subject to tax on the shareholders’ individual income tax returns—they still may create adverse tax implications for the buyer. Minor issues that may have flown under the IRS’ radar for […]

March 4, 2019

Crucial Tax Due Diligence Issues for Acquisitions of Partnerships and LLCs

While Partnerships and LLCs are flow-through entities—meaning that items of income and loss are allocated and subject to tax on the members’ individual income tax returns—they still may come with adverse tax implications for the private equity or venture capital buyer. Conducting detailed due diligence on a target you’re considering acquiring is a must in today’s complex tax environment. Here is a list of some common issues that should be […]

March 4, 2019

Matthew John McNally Speaks at the 8th Annual Private Equity US Spring Forum

Don’t miss this panel discussion moderated by Matthew McNally: Tuesday, May 7, 2019 9:30am Union League Club, New York Panel Discussion: Impact of Tax Reform on Private Equity Strategies Since the passage of the TCJA in December of 2017, a broad range of changes have been enacted. Since then, the private equity sector has been greatly affected through the treatment of carried interest, reduction in tax rates, limitations on interest […]

January 22, 2019