HCVT Treehouse - 2019 Innovation Award Nominee

To support the complexity and ever-changing landscape of tax planning and reporting for multi-tiered global alternative investment structures, HCVT developed Treehouse, a web-based centralized “hub” for tax information.

https://www.hcvt.com/services-HCVT-Treehouse-Partnership-Tax-Compliance-Reporting.html

Treehouse has the ability to capture information at the lowest SPV level, and tier up such information (via pro-rata allocations, special allocations, IRC Section 704(c) amounts, and GP promote allocations) to a diverse investor base including public and private REITs, foreign investors and sovereigns, tax exempt investors, and taxable investors.

Treehouse provides the tools to optimize the federal and state tax planning and compliance processes, all within a single-source system. Thus, achieving enhancements in efficiency, risk mitigation, management reporting and higher-quality client deliverables.

Notable Features:

Client general ledger data integration (import and mapped to Treehouse)
Book-to-tax adjustments (automated/manual)
Multi-tiered investment and investor allocations
State apportionment
State withholdings
Standard work paper packages
Investor reporting (federal and state Schedule K-1 preparation)
Entity and compliance tracking
Control features and session tracking
Footnote management, tiering and aggregation

Next Generation Innovations:

Accessible and secure to client users and other client-authorized 3^rd party service provider users (SaaS model)
Client configurable features
Automated investor allocation rules
Standardized footnote tiering/allocations
Investor delivery packages
Custom calculations: Treehouse can incorporate an unlimited number of client custom calculations that go beyond the standard automations
Multi-dimensional model/reporting: Above and beyond typical tax systems
Projection and planning
Year-over-year analytics
Integration and aggregation with GP reporting and promote sharing

https://www.hcvt.com/services-HCVT-Treehouse-Partnership-Tax-Compliance-Reporting.html

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See all of the winners, finalists and nominees in the 2019 Tax & Accounting Innovation Awards.

Accounting