How a U.S. Private Equity Firm Streamlined Tax Notice Management with Noticehub
Discover how Noticehub helped a global private equity firm manage their tax notices.
Stay ahead with trusted tax, compliance, and automation insights, including the latest from Noticehub.ai.
Discover how Noticehub helped a global private equity firm manage their tax notices.
Private equity (PE) firms face a unique set of state tax compliance challenges, as a single fund structure may include dozens (or even hundreds) of partnerships, S corporations, and blocker corporations, each with its own filing obligations across multiple jurisdictions.
Artificial intelligence isn’t just tech industry jargon anymore; it’s shaping how corporate tax enforcement works. In 2025, the IRS is using AI not just to speed up audits, but also to spot high-risk filings earlier and send out tax notices with greater precision and frequency.
Partnerships remain a go-to business structure in the U.S., thanks to their flexibility and the tax advantage of pass-through income. However, as tax regulations change, so do the reporting requirements and 2025 brings some important updates every partnership needs to be aware of.
Automation is a game-changer for tax notice management, helping organizations streamline tax workflows, optimize tax compliance, and stay ahead. Manual tax processes—once considered sufficient—are now ineffective for handling high-volume tax notice tracking.
Every year we can expect tax compliance notices from authorities, and the efficient management of tax notices is a crucial step for ensuring compliance and minimizing potential penalties. However, this management can easily become cumbersome and overwhelming - this article contains some best practices for handling tax notices efficiently.
A few things cause more frustration in the business world than taxes. While federal tax compliance for investment partnerships is usually top-of-mind for most corporations and investment partnerships, state and local tax (SALT) compliance for private equity firms often sneaks in layers of complexity and, unfortunately, cost.
California has recently enacted several substantial changes to its tax laws that will significantly impact corporations operating within the state. These updates are critical for businesses to understand and adapt to in order to maintain compliance and optimize their tax strategies.
Understanding tax filing and payment deadlines is crucial for businesses operating in Canada. The Canada Revenue Agency (CRA) sets specific guidelines for different types of businesses, ensuring they remain organized and compliant.
The Canada Revenue Agency (CRA) plays a pivotal role in the annual tax filing process for millions of Canadians. In 2023, over 32 million tax returns were filed, with a remarkable 92% submitted electronically. More than 18 million refunds were processed, with the average refund amounting to $2,262.
New York State is renowned for its dynamic and complex tax environment, making it crucial for corporations operating within the state to stay informed about recent developments in taxation laws.
Florida has enacted several significant tax changes that will impact corporate taxation within the state. Understanding and adapting to these updates is crucial for businesses to maintain compliance and optimize their tax strategies.
Illinois has recently enacted House Bill 4951, introducing significant changes to the state’s income, franchise, and sales/use tax laws. These updates are crucial for businesses operating in Illinois to understand and adapt to in order to ensure compliance and optimize their tax strategies.
New Jersey, a state known for its robust economy and as a major hub for industries like pharmaceuticals, finance, and technology, has implemented several significant tax changes for 2024. These changes aim to address state budgetary needs while directly impacting businesses operating within the state.
Texas has implemented significant changes in its franchise tax reporting to simplify compliance and reduce the administrative burden on businesses. These updates are crucial for corporations operating in Texas to understand and adapt to in order to optimize their tax strategies.
The COVID-19 pandemic significantly altered the landscape of work, particularly by accelerating the adoption of remote work. Massachusetts, like many states, has introduced new legislation and guidelines to address the complexities of payroll tax and remote working arrangements.
New York State’s tax landscape has been notably impacted by the rise of remote work, especially in the aftermath of the COVID-19 pandemic. This shift has prompted significant legislative and administrative changes, affecting payroll tax and remote working arrangements.
The 2024 Federal Budget has introduced significant tax updates in Canada, specifically concerning the calculation of the employee stock option deduction, effective from June 25, 2024.
Effectively Connected Income (ECI) can create significant tax challenges for non-U.S. investors in the United States. To mitigate these challenges, investors often use blocker structures.
Unrelated Business Taxable Income (UBTI) is a critical concept in the realm of tax-exempt entities, such as charities, educational institutions, and retirement funds. Although these entities are typically exempt from federal income tax, UBTI can subject them to taxation under certain conditions.
Corporate tax compliance is a cornerstone of managing a successful business in the United States. Adherence to tax regulations is essential to avoid penalties, audits, and financial disruptions that can hinder operations.
The criteria for Paid Family and Medical Leave (PFML) are determined by each state. Employers currently receive a 12.5% credit on wages paid during PFML according to Code Section 45S. Congress has approved a new bill to expand the act and make it a permanent tax law.
Understanding the US tax system is essential for corporations operating within the country, given its complex landscape that encompasses both federal and state taxes. This article provides an overview of key aspects of corporate taxation in the US.
Learn about new tax laws expanding Paid Family and Medical Leave benefits for employers. Noticehub helps manage tax notices efficiently with advanced AI technology.
California continues to assert a far-reaching and aggressive position when it comes to taxing private equity (PE) firms and asset managers. Through its application of market-based sourcing rules and specific treatment of carried interest, the state claims taxing rights over firms that may have no physical footprint within its borders.