McKinnon Patten & Associates LLC

Private Equity and Investment Partnerships

Private Equity and Investment Partnerships

McKinnon Patten & Associates LLC professionals provide tax and accounting services to the private equity and investment partnership community. Our focus on personalized service, attention to detail, and up-to-date knowledge of the most current and complex tax issues makes McKinnon Patten & Associates LLC a premier tax and accounting firm. McKinnon Patten & Associates LLC professionals are uniquely qualified to serve the tax, accounting and business issues that are specific to private equity, venture capital and investment partnerships.

Our equity and investment services include:

  • Structuring and formation of fund, including developing optimal distribution and allocation models
  • Tax Capital Account Maintenance
  • Preparation of Domestic Federal, State, and Local Corporate and Partnership Tax Returns and Schedule K-1’s for Partners
  • General Partner Tax Reporting and Special Allocations
  • Compensation and Benefit Planning for Management Team
  • Special Allocations of Income and Loss Items for Tax Purposes
  • State and Local Tax Filings
  • Performing accounting, tax and business due diligence of proposed acquisitions
  • Tax Distributions and Realized Gain Computation
  • Advising on in-kind distributions to optimize tax benefits
  • Capital Account Book-Up Adjustments
  • Structuring for portfolio company sales/initial public offerings and other exit strategies to LPs and management team
  • Federal and State Withholdings
  • Reviewing and assisting with the financial reporting of income tax expense and related financial statement disclosures (i.e. FAS 109, FIN 48)
  • Representing and consulting with regard to Federal, State and local audits
  • International tax structuring, including US income tax withholding on foreign recipients (i.e. ECI, FDAP, FIRPTA)

Contact us to Request a Consultation, or give us a call today at 214-696-1922 and ask for Mark Patten for more information about our services for private equity and investment partnerships.