Self-Employment (SECA) Taxes Applicable to LLPs, Hedge Funds, Private Equity & Venture Capital

Tax attorney Lee Meyercord will speak at the 58th Annual Southern Federal Tax Institute about the IRS' audit campaign focused on the self-employment tax liability of limited partners. Ms. Meyercord will explore the current state of the law for self-employment taxes under the limited partner exception, what's to come and share tips for handling a Self-Employed Contributions Act (SECA) audit. She will also discuss what the continued emphasis on partnership audits and increased IRS enforcement funding may mean for private equity, hedge funds and asset management funds.

Tax attorney Daniel Strickland will also participate in the event, speaking on a panel titled "Eligibility for the ERC: Who CARES?" on November 1, 2023.