News & Insights
2026 Tax Deadlines
Tax season brings a complex mix of federal filing deadlines and state compliance obligations that vary by entity and jurisdiction. This guide outlines the key
2026 FATCA Reporting for Model 2 Funds – IRS Updates and Actions for Fund Managers
The 2026 FATCA reporting season brings important IRS system updates that Model 2 fund managers and Responsible Officers cannot afford to overlook. This guide outlines
Sending Money Abroad? A Guide to the OBBBA’s Remittance Excise Tax
Beginning in 2026, the OBBBA introduces a 1% excise tax on certain cross-border remittance transfers funded by cash and similar instruments. Understanding who is subject
Understanding the Alternative Minimum Tax Exemption Under the One Big Beautiful Bill Act
The OBBBA modifies the Alternative Minimum Tax by maintaining higher exemption amounts and introducing stricter phaseout thresholds starting in 2026. As a result, more high-income
An Introduction to U.S. FATCA for Model 2 IGA Jurisdictions – Key FAQs for New Fund Managers
Fund managers entering Model 2 jurisdictions face complex FATCA obligations—from due diligence and onboarding to IRS reporting and re-certification. This guide breaks down key requirements,
Understanding the OBBBA’s Changes to Health Coverage and ABLE Accounts
The OBBBA enhances ABLE accounts and refines rules for claiming the Premium Tax Credit, expanding savings opportunities for individuals with disabilities. Beginning in 2026, these
Adoption Tax Credit Under the One Big Beautiful Bill Act (OBBBA): A New Era of Support for Families
The OBBBA introduces the most significant upgrade to the Adoption Tax Credit in years, making part of the credit refundable and expanding access for more
Miscellaneous Provisions under the OBBBA
New limits on wagering loss deductions and the permanent removal of moving expense deductions under the OBBBA are reshaping key areas of tax planning. These
How the OBBBA Changes Charitable Contributions and Scholarship Tax Benefits
The One Big Beautiful Bill Act (OBBBA) updates charitable giving rules by making the 60% deduction ceiling permanent, introducing a universal deduction for non-itemizers, and