Tax Services

Tax Preparation Services

With years of tax experience, we offer clients compliant, accurate and timely tax preparation and reporting, along with flexibility to provide customized tax reports to meet investors’ expectations. We also proactively provide information about tax law/regulatory changes that may impact client business or reporting requirements.

950+ Tax Funds

80% qualified CPA, CA, CFA and MBA

100+ Tax Professionals

All client data securely transmitted and received

Available Tax Services

Prepare and file U.S. Partnership Federal tax returns (including K-2)
Prepare and file applicable State returns
Maintain tax allocation schedules at investor level
Prepare and distribute Investor’s Schedules K-1 and K-3
Provide quarterly and year-end tax estimates to investors
Reconcile GAAP and tax reporting
Obtain and maintain W-8 forms as applicable
Prepare and file Form 1120-F for offshore funds
Calculate and arrange payment of foreign partner withhold and file Form 1042,1042-S,1042-T for foreign investors
Calculate and arrange payment of foreign partner ECI withholding and file Form 8804 and Form 8805
Prepare and/or provide assistance relating to:
- Passive Foreign Investment Company (Form 8621)
- Foreign Corporations (Form 5471)
- Foreign Partnerships (Form 8865)
- Foreign Disregarded Entities (Form 8858)
Prepare responses to notices from Internal Revenue Service and states tax authorities
Provide assistance in determining various elections, like Mark to Market elections and Mixed Straddle account elections
Determine Trader versus Investor status
Calculate Unrelated Business Taxable Income (UBTI) for tax-exempt investors
Calculate Subpart F Income for Controlled Foreign Corporations (CFC)
Prepare and File Composite State Returns for most of the critical states
Prepare and File Foreign Bank Account Reports (FinCEN 114)
Prepare PFIC Annual Information Statements and related shareholder Allocations
Prepare and File1099-NEC Forms
Assist the fund in answering tax questions from its investors

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STRUCTURE TYPES

Standalone
Master/Feeder
Multi-Strategy
Multi-Series
Multi-CTA
CFC
QOZ
Fund of Funds
Private Equities
PFIC
SPV

TRADING TYPES

Equity
Futures, FX
Cryptos, DeFi
FTR
Carbon Credits
Loans
Private Investments
Life Settlement Policies
Bonds & ABS
SPAC
Swaps
Trade Claims

“NAV’s tax services deliver outstanding benefits to Tailor Ridge and our investors. At an operational level, the NAV team expertly managed the complexities of required state income tax withholdings at both the fund and LP levels. This was absolutely key before we were able to launch our sub-REIT in 2022. On a functional level, our investors have received their K-1s by March 15 every year of our relationship with NAV. That shouldn’t be remarkable, but in our past experience it has been a challenge, and that reliable performance has been a real plus for investor relations. Based on our history with prior firms, we’ve found NAV to be a consistently excellent partner at a value that’s hard to beat.”

Chris Johnson, Partner and Co-founder, Tailor Ridge Capital Management

“NAV’s Tax Team has always done an excellent job. They are highly responsive to our needs, and have a thorough understanding of tax law. We employ complex trading methods including numerous trading instruments (ETFs, swaps, warrants, etc.) and structures, and the tax issues can become complicated, but we have complete faith in NAV's depth of knowledge. Many of our questions arise unexpectedly and require a timely response, even if it is outside of normal business hours. NAV consistently offers accurate and rapid responses. Working with NAV has always been pretty smooth as we have a devoted, consistent team providing professional assistance."

David Haring, Director of Operations, Iron Road Capital Partners

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Awards & Recognition

Ranked #1 Fund Administrator

2023 LinkedIn Top Company

Best Fund Administrator - Overall

Best Administration for Family Office/Wealth Managers

Best Fund Administrator – Digital Assets

Best Administrator – Technology

Best Administrator for Digital Assets

Best Fund Administrator for small/start-up funds

Best Administrator

Best Admin – Smaller Managers

Best Fund Administrator

Best Fund Administrator for Small/Start-up Funds

Best Administrator - Middle Office Services

Top-Rated Global Fund Administrator

Best Administrator

Best Fund Administrator - Private Credit

Best Administrator – Middle Office Services

Best CTA Administrator

Best Administrator - under $300bn single manager

Best Administrator - small managers

Leading Fund Administrator Servicing CTAs

Most Trusted Hedge Fund Administrator

Leader in Multi-Advisor Platforms & Complexes

Best Managed Account Platform Technology

Most Innovative Fund Administrator

Highly Commended “Best Administrator-Reporting”

Leading Fund Administrator Servicing CTAs

Highly Commended “Most Innovative Fund Administrator-over 30bn”

Hedge Fund Administration Service Provider of the Year USA

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OUR TECHNOLOGY

Our core systems process all asset classes and millions of trades daily

NAV utilizes its own proprietary fund administration technology to support every fund structure and asset class traded. Our internal team of 200 IT professionals focuses on optimizing operational efficiency, maintaining strong network security, and providing comprehensive best-in-class reporting solutions.

NAV Portal Mobile Apps (Android™ and iOS® platforms)
Customized Reporting Software
Rigorous Security & Compliance
Award-Winning Platforms
100% Uptime & 24/7 Support