Accounting

Vetting a CPA for Your Firm

By |2024-01-24T15:06:08-06:00January 23rd, 2024|Fundamentals|0 Comments

This article is co-authored by Jack O'Flaherty, founding partner and managing member at High Divide Management, and Henry Chavez, Principal at Spiegel Accountancy Corp. Managers must consider the qualifications of the financial professionals they work with to ensure managerial and financial statement compliance. Building out the financial team for your lending business or fund is [...]

By |2024-01-24T15:06:08-06:00January 23rd, 2024|Fundamentals|0 Comments

Beating the Odds: HOW Accounting Can Help You Scale Your Business

By |2022-07-06T09:54:35-05:00April 24th, 2022|Operations|0 Comments

An outsourced or in-house accountant can provide the information private lenders need to make educated decisions about growth. Successful entrepreneurs know their businesses will navigate several phases of growth. The same can be said of a newly formed private equity fund. Once it reaches a growth level beyond what could be considered natural, organic growth, [...]

By |2022-07-06T09:54:35-05:00April 24th, 2022|Operations|0 Comments

Designing Nonperforming Note Funds

By |2020-03-27T18:57:11-05:00March 27th, 2020|Accounting, Legal, Strategy|0 Comments

The fund structure, accounting methods and other strategies must be considered in addition to securities compliance. A nonperforming loan (NPL) is a type of note that is in default, distressed, delinquent or otherwise dilapidated. NPLs are interchangeably used with nonperforming notes, distressed debts or distressed loans. Generally, an NPL holder no longer anticipates repayment from [...]

By |2020-03-27T18:57:11-05:00March 27th, 2020|Accounting, Legal, Strategy|0 Comments

What You Need to Know About the Centralized Partnership Audit Regime

By |2019-12-18T19:08:18-06:00December 18th, 2019|Strategy|0 Comments

Fund managers may not be aware of their new role during an IRS audit of companies with partnered members. The new centralized partnership audit regime (CPAR) introduced by the Bipartisan Budget Act (BBA) started with the 2018 tax year. Under the old rules, there was no mechanism for the IRS to collect tax at the [...]

By |2019-12-18T19:08:18-06:00December 18th, 2019|Strategy|0 Comments

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