C-TRAC Suite Version 7.0: Alternative Investment Module
Today, more than $7 trillion is invested in alternative investments. Most of these investments are made by institutional investors: university endowments, pension funds, private foundations, and other tax-exempt organizations. Although tax-exempt organizations have increased their investments in these partnership vehicles seeking higher returns, tax directors are seeing an increase in their tax compliance costs to meet federal, state, and international filing requirements. This need prompted Crowe Horwath LLP to develop a robust data aggregator to help streamline the tax compliance process.