Did you know Section
1031 of the Internal RevenueCode allows companies
to sell a depreciated asset and defer associated gains—and, therefore,
the tax—when the proceeds of the sale are used to purchase an asset
of similar classification? These transactions are called Personal Property
1031 Exchanges (or Like-Kind Exchanges and LKEs). If you aren’t
using 1031 Like-Kind Exchanges, you should be. Accruit makes it easy.
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We value our client relationships and feel it is appropriate
at this time to address questions surrounding recent
news stories regarding Qualified Intermediaries (QIs) suspected of misappropriating
client funds and Accruit’s long
standing safeguards and procedures regarding the handling of your funds. More...
Temporary or Permanent Economic Stimulation?
2008 Economic Stimulation Act vs. The Revenue Act of 1921
CFMA Selects Accruit as their Affinity Partner for 1031 Like-Kind Exchange Services
Accruit Announces 1031 Like-Kind Exchange Seminar Series for 2008
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