The new Tax Cuts and Jobs Act (the "Act") created new tax incentives for the ownership and development of property in federally designated Opportunity Zones. An Opportunity Zone is an economically distressed community that is nominated by a State and certified by the Internal Revenue Service. What is interesting about the Act is that it [...]
Once again Handler Thayer, LLP hosted its annual Handler Thayer Family Office Forum at the University Club in Chicago, Illinois. This year's conference was held on Wednesday, June 27, 2018. The primary purpose of the conference is to educate families offices about how to manage and operate their family offices. Last year Handler Thayer welcomed [...]
Although everyone would like to make the tax code easier, we just can't seem to get it done. In the spirit of trading political favors, also known as compromise, we always seem to end up making the tax code more complicated rather than less. That being said, there are some significant changes that will soon [...]
Leading Chicago venture capital firms gathered on July 27, 2017, to discuss the state of venture capital in Illinois. Michael W. Frerichs, the Illinois State Treasurer kicked off the conference followed by J.B. Pritzker, of The Pritzker Group, and keynote speaker Steve Case, CEO of Revolution, and founder of America On-line. Panelists including leading Chicago [...]
Institutional investment managers, including certain persons and entities related to a family office, that exercise investment discretion over $100 million or more in Section 13(f) securities must report their holdings on Form 13F with the Securities and Exchange Commission (SEC). In general, an institutional investment manager is: (1) an entity that invests in, or buys and sells, securities [...]
On June 21, 2017, Handler Thayer, LLP hosted its 3rd Annual Family Office Private Capital Forum at the University Club in Chicago, Illinois. Steven J. Thayer, Partner, at Handler Thayer, welcomed over 200 participants including single family offices, multi-family offices, advisers, and entrepreneurs. The primary purpose of the conference was to educate families offices about [...]
On June 4-6, Mr. Thayer joined Mick Law P.C. at their Global Energy & Alternatives Symposium in Dallas, Texas. Mick Law P.C., based in Omaha, Nebraska, represents broker-dealers, and registered investment advisers in the energy and real estate industries. Mr. Thayer spoke on a private equity panel to discuss how family offices invest private capital.