For CPA firms
New reporting for funds and the businesses they own lands in the 2027 filing season, and most generalist preparers see one fund a year, if that.
Tests computed, evidence attached, tied to the statute.
White-label the whole collection flow.
We never file. The client relationship stays yours.
What lands on your desk
Both asset tests computed, every figure carrying its source, and a workpaper set a reviewer can sign without rebuilding it.
Riverline QOF, LP
Tax year 2026
Form 8996 workpapers
42 pages · 17 evidence files
Both test dates computed
Every figure sourced
Reviewed and signed by ____________, CPA
How it works for your firm
Adding the fund takes about ten minutes and naming the respondents takes a few more. After that your staff does not touch the engagement again until a finished package arrives for signature.
Only one row is asking anything of your firm.
Enter the fund, the operating businesses beneath it, and its tax year. Once per client, at onboarding, and never again.
Your staff · About 10 minutesName the bookkeeper, the property manager, and the payroll contact. In white label each link carries your firm's name rather than ours.
Your staff · Three namesReminders run on a schedule until every answer and attachment is in. Respondent questions reach our filing team, not your associates.
Your staff · NothingBoth asset tests computed, every figure carrying its source, Form 8996 workpapers assembled and indexed for review.
Your staff · Review and signNo realization lost to chasing documents
Two ways to work together
Both modes ship the same package and neither one takes your client. What changes is whose name sits on the work and who puts the signature on the return.
The client stays yours either way
In neither mode does anything reach the IRS without a licensed review and a signature.
Solve liability exposure
The signature on the return is yours, and so is the exposure if the substantiation cannot be produced later. Every figure is held with its source document, the named person who supplied it, and the minute it arrived, for as long as the file needs defending.
Each source file is held against the exact figure it supports, so a document request is answered in an afternoon rather than rebuilt out of a former client's shared drive.
Named respondent and timestamp on every line, retained whether or not the client is still yours. The bookkeeper who supplied the number can be two jobs away and the attribution still stands.
Each computed test cites its provision, which is the workpaper note a reviewer would otherwise expect one of your associates to write from scratch.
The written spending plan, the 31 month clock it runs on, and actual outlays measured against it, so the position you signed off on has a paper trail behind it.
Independently audited security controls on the Advalis platform, which is the answer to the question your own risk review will ask.
Value entered · $1,284,500
Source attached · fixed-asset-ledger.pdf
90% asset test computed · Pass
Package compiled · 42 pages
Neither the taxpayers nor their accountants knew Form 8996 existed.
Treasury Inspector General for Tax Administration
Start a conversation
Firms set next year’s service lines in the fall. One call tells you which mode fits and roughly what the terms look like.
