REIL Fund Services

The IRS will end automatic penalties for late filing of foreign gift, bequest forms. This change was advocated by the AICPA and the Taxpayer Advocate Service. Learn more in this article by the Journal of Accountancy. https://lnkd.in/gudq6Eyp #IRS #TaxPenalties #ForeignGift #Bequests #Taxes

The IRS on Tuesday provided its annual inflation adjustments for over 60 tax provisions in tax year 2025, including increases in the standard deduction for married couples and single individuals. Find out more in this article by the Journal of Accountancy. https://lnkd.in/gtfqH_aB #IRS #2025 #Taxes #InflationFigures #TaxDeductions #AnnualGifts #EstateTax #Expenses

The IRS is providing disaster relief for individuals and businesses affected by Hurricane Helene, including all of Alabama, Georgia, North Carolina, and South Carolina. The relief also covers 41 counties in Florida, eight counties in Tennessee, and six counties and one city in Virginia. Find out more in this recent article by the Journal of Accountancy. https://lnkd.in/gf22HRm8 #HurricaneRelief #HurricaneHelene #DisasterRelief #IRS #Taxes #Taxpayers #TaxRelief #NorthCarolina #SouthCarolina #Georgia #Alabama #Tennessee #Florida #Virginia #Southeast #GulfCoast

🎉 REIL Fund Services is thrilled to celebrate its 2nd Anniversary!🎈 "We now have twice the number of employees and significantly more clients than we did on October 1, 2022," said CEO Beeta Lecha. "Our current team is client-focused, strong, and prepared to elevate our operations as we position ourselves for substantial growth." ↗️ Justin Spears Steven Scott Jacob Braunecker Hunter Doring Zaria Minard Melissa Gibbs Poland Rayna Gottlieb Shireen Lecha #fundaccounting #fundaccountants #fundmanagement #fundadministration #taxes #taxpreparations #CPAs #privatelending #privatelenders

🚨 Don’t miss this exclusive preview! 🚨 🎬 Season 3 of REIL World drops TOMORROW! 🔥 Binge it or regret it! 🔥 Make sure you’ve added it to your watchlist, because it’s about to get even more exciting. 🍿 New episodes available October 1st.

IRS Announces Special Per Diem Rates for Travel Away From Home Beginning October 1, 2024. Read more to find out the rate increases for travel and meal costs, along with other changes to business expense reporting. https://lnkd.in/gkgrEibw #IRS #businessexpenses #perdiem #travelexpenses #businessmeal #businesstravel

We are exhibiting at the American Lending Conference! Be sure to stop by our exhibit space to meet the team and learn more about how we can support your fund accounting and tax preparation needs. Whether your looking to explore new opportunities, or just want to chat with like-minded professionals, we'd love to connect with you! #fundaccounting #fundaccountants #fundmanagement #fundmanagers #privatelending #privatelenders #accountingprofessionals #taxpreparation

Final regulations governing the requirement for estates and beneficiaries to consistently report basis were issued on September 17, 2024, by the IRS. (TD 9991) The most consequential change made by the IRS from the proposed regulations is the elimination of the “zero basis rule” created by the proposed regulations. Find out the latest from the Journal of Accountancy. https://lnkd.in/gy2pHV2H #estatetax #beneficiaries #IRS #regulations #taxablegifts

Today, we honor the lives lost on 9/11 and the heroes who responded with courage. May we never forget their sacrifice and continue to strive for unity. #NeverForget #WeRemember #HonorAndRemember #Remember911 #September11

We extend our very best wishes to the hardworking REIL Team and all the incredible workers throughout the United States this Labor Day. Enjoy your well-deserved day off as we mark the unofficial end of summer. Relax and unwind! 🎉 🌟 😎 #HappyLaborDay #LaborDayFun #HolidayWeekend #LaborDay2024 #BestStaffEver #Teamwork #RelaxAndUnwind #EndofSummer