For fund administrators
The new reporting multiplies by operating business, not by fund. A book that felt manageable last year has a different shape in 2027.
Every fund you administer on a single roster, with one renewal date and one invoice.
Respondent links, reminders and statements all carry your firm, not ours.
Collection and the asset tests run without adding a season hire to cover them.
Tell us about the funds you administer and a real person replies within one business day.
Prefer to talk first? Book a demo.
What the new rules multiply
Each operating business under each fund furnishes its own signed statement, and each fund is measured on two dates. The arithmetic on a mid-sized book is not close to what it was.
Riverline Administration
Illustrative, at three businesses per fund
Every one of them carries its own deadline
How it works across a book
Funds go in as a batch rather than one at a time. After that the only thing your team touches is the review queue.
Import every fund and the businesses beneath each one, in a batch rather than a form at a time.
Your team · One onboardingEach respondent across every fund gets a scoped request carrying your firm's branding.
Your team · Name the contactsReminders chase every respondent and both asset tests compute on their dates, fund by fund.
Your team · NothingFinished Form 8996 workpapers arrive per fund, indexed, with only the exceptions flagged.
Your team · Review the queueOne onboarding covers the whole book
Two ways to run it
The compliance work is the same in both. What changes is whose brand the sponsor sees and who answers the phone.
We never approach a sponsor you administer, in either mode, about anything other than the funds you brought.
The exposure across a book
Penalties attach to whichever entity failed to file. Across forty funds and their businesses, a single process gap is not a single problem, and the sponsor will ask who was administering it.
The roster shows only the funds asking something of you. Silence on a row means it is handled.
Source document, named respondent and timestamp against every figure, retained past the engagement.
The rules move. Notices, draft forms and thresholds are ours to track, not another roadmap item for your team.
Neither the taxpayers nor their accountants knew Form 8996 existed.
Treasury Inspector General for Tax Administration
Start a conversation
Tell us how many funds and roughly how many businesses sit beneath them, and the licence maths takes about twenty minutes.
