News & Updates

For the Securities Industry

Spicer Jeffries aims to serve our clients continuously with top quality, professional services. Continue to visit us here to read about important Securities Industry topics, regulatory changes, firm happenings and other updates.

Spicer Jeffries Ranks Among TOP 10 Fund Auditors

August 15, 2022

For the 9th consecutive year, Spicer Jeffries LLP has ranked among the TOP 10 Fund Auditors of the HedgeFundAlert.com annual rankings. This success would not have been realized without the support of our valued clients and leading industry members, as...

New York State: Pass-Through Entity Tax Law Article 24-A

August 31, 2021

The pass-through entity tax (PTET) under new Tax Law Article 24-A1 is an optional tax that partnerships or New York S corporations may annually elect to pay on certain income for tax years beginning on or after January 1, 2021. ...

IRS REVIVES FORM 1099-NEC: Filing Begins With 2020 Tax Year

January 8, 2021

As a reminder, the IRS made changes to the 1099-MISC form by reviving the Form 1099-NEC. Beginning with the 2020 tax year the new 1099-NEC form will be used for reporting nonemployee compensation (NEC) payments. These payments were previously reported on Form...

2020 Tax Letter to Clients

December 16, 2020

Dear Client, Now, as year-end approaches, is a good time to think about planning moves that may help lower your tax bill for this year and possibly next. Year-end planning for 2020 takes place during the COVID-19 pandemic, which in...

NEW CAYMAN ISLAND INVESTMENT FUND LEGISLATION – IMMEDIATE EFFECTS

April 17, 2020

Changes to Cayman Investment Funds Classified as Private Funds and Mutual Funds Overview: The Cayman Islands Government Ministry of Financial Services and Home Affairs, together with other associated authorities (in particular, the Cayman Islands Monetary Authority “CIMA”) has notified the financial services industry of several pending changes to the regulation...