Formidium Fund Administration Platform

Tax Services

Fund tax services, engineered for accuracy at scale.

Licensed CPAs and proprietary Tax Accounting & Allocation Technology powering US federal and state tax compliance for 1,000+ funds worldwide.

About our tax services

Tailored tax services for every fund type.

Formidium delivers tax services for Digital Asset, Hedge, Private Equity, Venture Capital and SPV funds. Headquartered in Downers Grove, IL, we serve a global client base across 10+ countries and 1000+ funds, backed by proprietary Tax Accounting & Allocation Technology.

Led by licensed CPAs and a team of 25+ tax professionals, we automate fund's tax calculations, reporting and filings - including Schedule K-1 distribution to investors. Our technology streamlines data retrieval, cleansing and reconciliation to ensure accurate capital gain/loss calculations and precise tax lot accounting.

U.S. Funds / Entities

Full federal, state and investor-level tax compliance for U.S. fund structures.

  • Review of the private placement memorandum tax section
  • U.S. federal tax returns (Forms 1065, 1120, 1120-S) and state tax returns across all U.S. states, including composite returns, state filing fees and state withholdings
  • All supporting federal and state forms (8949, 4797, 8825, 8990, 8082, 8832-B and more)
  • Federal and state Schedule K-1 reporting for investors
  • Partner tax allocations using appropriate allocation methods
  • Foreign investment compliance (Forms 5471, 8865)
  • International reporting forms K-2 and K-3
  • Miscellaneous forms - 1099s, name change and address change forms
  • Preparation of responses for IRS and state revenue notices
  • Offering and organizing cost amortization, book-to-tax reconciliations, maintaining tax basis for investors' capital and fund investments, and handling the assignment of interest from one investor to another.
  • Tax lot-level capital gain/loss and wash sale calculations
  • Carried interest reporting under IRC Section 1061

Tax specific services

Strategy-aware tax services for every fund type.

Tap a fund strategy to see what's covered.

Specialized tax services for crypto funds, with analysis and adjustments for the full range of digital asset activity:

  • Contribution-in-kind and distribution-in-kind
  • Wallet-to-wallet transfers
  • Ordinary gains on staking and lending
  • Crypto from airdrops, rewards and mining income
  • DeFi lending interest earnings
  • Liquidity pool and interest-bearing account income
  • Trading in coins, tokens, NFTs and SAFE/SAFT agreements

See Formidium in action.

A 30-minute walkthrough of the platform, mapped to your fund structure.

Contact Us