KPMG Tax Partner Authors New Book: "Tax Compliance and Reporting for Hedge Funds and Their Investors"

KPMG tax partner Joseph Pacello has authored a new book, titled “Tax Compliance and Reporting for Hedge Funds and Their Investors,” that provides a detailed look at tax compliance and reporting issues for professionals responsible for tax compliance and tax laws impacting hedge funds. Pacello is a tax partner in KPMG’s Stamford, Connecticut office, where he specializes in providing tax services to hedge funds, fund of funds, private equity funds and other alternative investment vehicles.

“As the hedge fund industry becomes more mainstream and institutional, there has been a significant amount of new legislation and rulemaking designed to address the taxation of funds, as well as their investors,” said Pacello. “Yet there remain significant areas and issues that can still raise questions for market participants.”

Pacello said he thought the hedge fund community needed new guidance to address many of today’s tax compliance issues, such as FATCA and FIN 48 (ASC 740).

“Tax Compliance and Reporting for Hedge Funds and Their Investors” was published by Thomson Reuters.

JJoe earned his Bachelor of Science degree in accounting from Seton Hall University and his Juris Doctor degree from New York Law School. Additionally, he earned a Master of Laws degree (LL.M.) in taxation from Temple University School of Law. He is a member of the American Institute of Certified Public Accountants (AICPA), the Managed Funds Association (MFA), and the Wall Street Tax Association (WSTA).

Pacello has authored numerous articles regarding tax issues, taught as an adjunct professor at St. John’s University and developed a graduate course at Fairleigh Dickinson University on the taxation of financial products.