Tax Services in Newport Beach

Our Certified Public Accountants (CPAs) provide tax services in Newport Beach and Orange County, CA  for fund managers, family offices and the ultra wealthy. Taxes are complex in any circumstance, and when you have significant investments or a high net-worth, it's imperative that they're handled correctly.

We have decades of experience helping clients with nuanced tax situations and strict requirements to navigate their taxes with accuracy and efficiency. Our accountants can provide pertinent tax advice to help you employ effective strategies and legally reduce your tax liability. When tax problems arise, we provide the insight and information you need to understand and resolve the situation. Contact our office today to find out how we can help you with your taxes.

Tax Services for Family Offices in Newport Beach 

Fund managers have many responsibilities on their plate and adding tax responsibilities on top of this can be a significant burden. We are experienced in the tax reporting obligations that investment funds owe their investors, and can help you organize, prepare, and deliver on these obligations efficiently and accurately.

Akram has a robust practice focused on serving family offices, with clients ranging in size from one or two families to multiple families and generations. We understand how important it is to work collaboratively with families and their related entities, family members, attorneys, bankers, and other trusted advisors, all while maintaining the utmost privacy and confidentiality.


During the process of working with Akram, I worked with Muhammad and his staff directly on getting audited returns. Muhammad showed great knowledge and expertise in dealing with hedge funds and was able to provide great service and feedback through out the entire process. Muhammad was great attribute to our business in 2019 and highly recommend him to other funds. We will continue to use Akram moving forward.

AJ Di Cioccio - i3 Investment Partners, LLC

Newport Beach, California

As the demand for strong governance, compliance, infrastructure and operations continues to increase, our team of experienced accounting professionals and broad service offering for the niche alternative investments industry helps our clients build a solid foundation to achieve peak performance.

Our accountants can fulfill numerous essential tasks, from reviewing the fund's net asset value and creating the initial fund structure to serving as your designated Partnership Representative. Naturally, we can prepare Schedule K-1 forms for U.S. and state tax returns as well.

Find out more about what we can do for investment fund taxes.

For easy reference, you may download our Alternative Investments Audit & Tax Services brochure (PDF).

Tax Services for Newport Beach High Net-Worth Individuals

Your high net-worth comes with many tax complexities, especially when it comes to assets, property, investments, and multiple sources of income. Failing to account for or properly classify all of these factors can result in audits and serious fines.

Our accountants offer years of experience helping HNWIs prepare and file their taxes accurately and on time. We stay consistently up-to-date on all changes to tax legislation, ensuring that nothing is overlooked in your preparation. When preparing your forms, we also look for opportunities to utilize tax deductions, exemptions, credits, and deferment to limit your tax liability when available.

FBAR in Newport Beach

Whether you have foreign bank accounts, international investments, or are living abroad, the IRS requires you to disclose assets gained from or held overseas. The foreign bank & financial accounts report (FBAR) can be frustrating if you are uncertain of what needs to be disclosed and where the threshold for filing actually lies.

We consult with clients to evaluate whether they meet the threshold for filing and can prepare and file these reports as needed.

Tax Planning in Newport Beach 

As with many other areas of finance, when it comes to taxes, the most effective path to success is tax planning. Strategies applied throughout the year can help you to take advantage of opportunities and lower your tax liability. 

Our accountants work with you to help you find personalized strategies you can use to minimize your tax liability. We thoroughly evaluate your situation, seeking any deductions, exceptions, and credits available to you. We also take the time to understand your financial goals and incorporate them into your strategies, allowing you to reap benefits both now and in the future. 

Contact Us for Tax Services Tailored to You

At Akram | Assurance, Advisory & Tax Firm, we use our experience and expertise to provide effective tax services for each client. Whatever your tax needs, you can depend on us to be thorough, diligent, and to tailor every service to your unique circumstances.

Call our Newport Beach office today at 949-603-0001 to schedule your complimentary 15-minute phone consultation. Or, complete the form on this page.

Best Accounting & Audit Firm | Start-up & Emerging Funds

Akram is a winner in the Hedgeweek Americas Awards for consecutive 3 years 2021, 2022, and 2023

"We have been voted “Best Accounting Firm for Start-up & Emerging Funds by Hedge Week”.

Akram is a winner of “Best Audit Firm" by Private Equity Wire US Emerging Managers Awards 2024.
PEW Best audit Firm Award

Industry Memberships

Contact Us for Investment Fund Accounting Solutions

We understand that clients in the Alternative Investments arena are extremely prudent. At Akram, we provide high-end, tailored fund accounting services with careful planning and an unmatched responsiveness that only a boutique accounting firm like ours can deliver. Contact us today to learn more about our specialized assurance, advisory, and tax services for hedge funds, commodity trading advisors, private equity and venture capital funds, digital asset funds, insurance dedicated funds, real estate funds, day traders, investors, family offices, and high net worth individuals.