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Crimson Tree Software develops clever business software for Windows and the Web. During the past ten years, we have specialized in creating software solutions for partnerships with complex tax allocation issues. Our tax allocation systems are the first to comprehensively address:Allocations of income, expenses, gains, and losses following the principals of IRC section 704(c) Revaluations of partnership property Calculation and allocation of optional adjustments to the basis of partnership property following IRC sections 755, 734, and 743. Allocations of partnership nonrecourse liabilities following IRC section 752 Businesses that have relied on our expert advice include big four accounting firms, UPREITs, private equity investment funds, and corporate joint ventures. In conjuction with KPMG, LLP we offer partnership tax compliance and consulting services employing our tax allocation systems. Although our primary focus is on tax allocations, we also offer a document production solution for accounting firms that produce large partnership and tax returns.