Since 2000, Crimson Tree Software has specialized in creating software solutions for partnerships with complex tax allocation issues.

Businesses that have relied on our expert advice include accounting firms, UPREITs, private equity investment funds, and corporate joint ventures.

Since 2005, we have worked exclusively with a Big Four Accounting Firm to develop a comprehensive partnership tax system that addresses all allocations and adjustments under Subchapter K.

This system is the first to comprehensively address the following:

• Allocations of income, expenses, gains, and losses following the principles of IRC section 704(c)
• 704(b) book revaluations of partnership property
• Calculation and allocation of optional adjustments to the basis of partnership property following IRC sections 755, 734, and 743.
• Allocations of partnership nonrecourse liabilities following
  IRC section 752