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...more
The Treasury Department and IRS announced on March 21, 2020 that the federal income tax filing due date has been extended by Presidential signature of the Families First Coronavirus Response Act (H.R. 6201). The due date of April 15, 2020...more
The Internal Revenue Service (IRS) has issued new guidance for taxpayers engaging in transactions involving cryptocurrency. The recent IRS Revenue Ruling 2019-24 focuses on the tax treatment of a cryptocurrency hard fork. In addition, the FAQs on Virtual Currency Transactions...more
Investment performance tables and charts are an excellent way to track and showcase the success of your managed accounts and/or fund. Having a performance examination done on your monthly, annual and cumulative returns and comparing them to your benchmark provides...more
Spicer Jeffries’ tax department prepares tax documents for individuals and entities across the United States, in the Cayman Islands, and around the globe. Our client base spans numerous business segments and Spicer Jeffries understands that our client's businesses and private...more
Spicer Jeffries’ partners have been involved with newly launched hedge and commodity funds, both registered and unregistered, as well as private equity funds and mutual funds, since the mid- 1980s. With years of previous accounting work experiences between them, and...more
Spicer Jeffries wants our clients to be aware of the following legislation that has direct effects on Fund Managers: 1. CARRIED INTEREST - Incentive Allocation New Holding Period Requirement In general, the receipt of a capital interest for services provided to...more
SJ is proud to be ranked among the Top 10 Hedge Fund Auditors by the HedgeFund Alert. For six consecutive years, 2014 through 2019, Spicer Jeffries has continued its dedication to the securities industry and the Alternative Investment space. These rankings...more
Our March 22, meet & greet, deal-making social was a tremendous success! Our sponsor Spicer Jeffries assembled a top-notch cryptocurrency expert panel who deftly answered many audience questions and bantered among themselves about what to expect in the volatile world of digital assets. We learned a tremendous amount about this soon to be leading financial creation.
A wide swath of the South Florida alternative financial community was represented. Hedge fund managers and quants mingled with investors, technologists, venture capitalists and digital asset experts among many others.
We learned of several pending financial deals, an employment connection, and investments were discussed in a lively fashion as food and drink flowed freely in the room.
Multiple new members were welcomed and guests talked actively about all aspects of Palm Beach and South Florida’s financial ecosystem.
We would like to extend a sincere thank you to the esteemed panel members, Spicer Jeffries who made it all possible and all of you who made this social one to remember.