Steven J. Thayer

Subscribe via RSS
Visit Blog
By: Handler Thayer, LLP

Latest from Steven J. Thayer - Page 2

Although everyone would like to make the tax code easier, we just can’t seem to get it done.  In the spirit of trading political favors, also known as compromise, we always seem to end up making the tax code more complicated rather than less.  That being said, there are some significant changes that will soon change our world once they are enacted into law and we need to get our hands around them quickly.  Here are just a few predictions of what might result from the proposed changes:

  • The Formation of More “C” Corporations for Business Ventures. Corporations taxed under

    • …
    Continue Reading Tax Reform – Compromise, Complexity, & Predictions

    Leading Chicago venture capital firms gathered on July 27, 2017, to discuss the state of venture capital in Illinois.  Michael W. Frerichs, the Illinois State Treasurer kicked off the conference followed by J.B. Pritzker, of The Pritzker Group, and keynote speaker Steve Case, CEO of Revolution, and founder of America On-line.  Panelists including leading Chicago area Accelerators and early stage venture capital firms.  The Illinois Growth & Innovation Fund (“ILGIF”) makes targeted investments in technology funds that invest in Illinois businesses and job creation.  The fund aims to invest over $222 million over a three year investment period and hopes…
    Continue Reading Illinois Growth & Innovation Fund Summit Meeting – July 27, 2017

    Institutional investment managers, including certain persons and entities related to a family office, that exercise investment discretion over $100 million or more in Section 13(f) securities must report their holdings on Form 13F with the Securities and Exchange Commission (SEC).
    In general, an institutional investment manager is: (1) an entity that invests in, or buys and sells, securities for its own account; or (2) a natural person or an entity that exercises investment discretion over the account of any other natural person or entity. Institutional investment managers can include investment advisers, banks, insurance companies, broker-dealers, pension funds, corporations, and family…
    Continue Reading Institutional Managers/Family Offices – Form 13F Reports – Due August 14, 2017

    On June 21, 2017, Handler Thayer, LLP hosted its 3rd Annual Family Office Private Capital Forum at the University Club in Chicago, Illinois.  Steven J. Thayer, Partner, at Handler Thayer, welcomed over 200 participants including single family offices, multi-family offices, advisers, and entrepreneurs.  The primary purpose of the conference was to educate families offices about how to approach the world of private investments.  Mr. Thayer noted that while there are some 4,500 public companies, there are over 6,000,000 private companies.  Finding opportunities in the private market requires a good team that is humble, hungry and smart, Thayer commented, after giving…
    Continue Reading Family Office Private Capital Forum