Expert Tax Services for Funds

Private Equity Funds

CM Group brings extensive experience advising private equity funds, management companies, and general partners across the full lifecycle of investment activity. Our professionals are fluent in the technical, operational, and strategic dimensions of private equity investing.

The CM Group has worked with some of the largest private equity funds and their partners in the United States and continues to advise on the complex and evolving issues facing the industry. While not exclusive, the following highlights core areas of expertise we provide to our individual clients:

Carried Interest Ownership Structuring
Claw back Planning and Mitigation
Diversification of Concentrated Wealth
Post-Diversification Tax & Planning Advisory
Qualified Small Business Stock (QSBS) Analysis

Advisory to Funds and Management Companies

CMG also serves as a critical member of the advisory team to private equity funds, assisting with strategic tax matters including:

Management Fee Structuring
Distribution Planning and Execution
Claw back Analysis and Mitigation
Portfolio Company Structural Planning

Independent & Unconflicted Advice

Our clients’ needs are our sole priority. CMG’s independence from audit services allows us to provide objective, conflict-free tax advisory services ensuring decisions are guided solely by what is in the best interest of the fund and its principals.

Real Estate Services

CM Group professionals provide a full range of tax compliance and consulting services to individuals and entities in the real estate industry as well as those individuals and entities in other industries that own or occupy real estate. Our team has experience in the acquisition, operation and disposition of real estate investments in a tax efficient manner. Our services include:

Consulting Services

Assistance in implementing tax efficient structures to hold real estate, including partnerships, LLCs, Real Estate Investment Trusts (REITs), and other entities
Review and analysis of partnership agreements
Financial analysis of business and tax structuring alternatives
Assistance with negotiations for acquisitions and dispositions
Minimizing Unrelated Business Taxable Income allocable to tax-exempt investors
Maximizing capital gains on disposition of assets
Like-kind exchanges and reverse like-kind exchanges
Acquisition due diligence
Tax structuring for foreign investment in US real property
Passive activity loss limitation planning
Wealth transfer planning
Tax and business structuring for raising equity, including real estate syndication and real estate opportunity funds
Purchase price allocation
State and local tax consequences including income sourcing, withholding taxes, and real property transfer taxes
Planning for charitable contributions of appreciated real property

Compliance Services

Calculate taxable income (original issue discount and bond premium and market discount) from pools of prepayable debt obligations using the prepayment assumption catch-up (PAC) method
Preparation of Federal, State and Local fund income tax returns
Preparation of withholding tax forms and exemption forms
Establishment of proper tax capitalization policies for fixed asset additions
Representation of clients upon audit by federal, state or local authorities
Preparation of tax provisions under FASB ASC 740 ( accounting for income taxes)
Preparation of quarterly and annual REIT qualification tests