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EDUCATION CENTER
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Looking for small hedge fund tax prep services
#689 - 12/08/08 08:28 PM
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I got an automated response from GTT tonight saying that you're not taking on any new hedge fund clients for accounting, administration, tax or audit services. Exactly what I'm looking for. Anyone else out there you'd recommend?
For all tax preparers reading this, here's the original e-mail that I sent GTT: I shopped around for hedge fund back office services; I have discovered that small, simple hedge funds are priced out of the getting those services by most providers. Based on the phone calls that I've made, I will employ GTT's services. Given that, I will need to know what documents are needed by GTT in order to proceed. Here's the nitty gritty: I formed a LLC with me as sole owner to be the general partner. I formed the hedge fund as an LLLP. Both were formed in Florida. Only 2 partners: General Partner (LLC - $100K in startup funds), limited partner (my mother - $500K in startup funds). No ERISA funds used. I launched the hedge fund on 15 Aug 08. As of today, the account balance is $2.6M; there have been no additional capital injections other than startup funds. The LLC rents office space in my house for $500/month. I have a Prime Brokerage account with InteractiveBrokers. I have one checking account for the hedge fund and another checking account for the general partner, both with Bank of America. My trading strategy has been rather simple; short equities and buying put options. I have had several investors interested in putting money into the fund, but have balked due to no outside accounting/auditing/tax prep/consultation. That's where GTT will come in. I'd like to know what services I will need from GTT going forward. I have taken accounting and have computed the NAV monthly; I'm not too concerned over that issue. I want to get tax services for both the LLLP and LLC from GTT. I'd also like GTT to give me some consultation on the best course of action for me going forward. I assume that the LLC (General Partner) is responsible for these expenses, correct? What documents does GTT need me to gather and send to you prior to starting on my taxes and making recommendations going forward?
If you're a hedge fund tax preparer, please e-mail me at: ual-767@hotmail.com. Thanks in advance
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Re: Looking for small hedge fund tax prep services
#696 - 01/23/09 08:52 AM
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we can help you, so contact our customer service line thanks
-------------------- Robert A. Green, CPA & CEO
GreenTraderTax.com
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