Rexco
“Accruit’s excellent client references, their AED Preferred Provider
designation, and endorsements, made it clear that we were selecting the industry
leader for LKE services. We are pleased to incorporate Accruit’s powerful
offering into our broader tax strategy.”
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The financial impact of a Like-Kind Exchange program can be significant
to your business. To understand how Like-Kind Exchanges can
benefit you, it is best to review the 5-year cash flow benefit
for differing volume levels. Every business is unique so
each implementation of a Like-Kind Exchange program is slightly
different; however, these examples should provide a general understanding
of the cash flow benefits.
ASSUMPTIONS:
Annual Rental Car Sales: $1,800,000
Tax Life: 5 Years
Average Age at Sale: 1 Year
Income Tax Rate: 35%
Exp. Annual Growth: 5%
Exp. Annual Inflation: 2
5-YEAR BENEFIT:
$524,000
ASSUMPTIONS:
Annual Rental Car Sales: $3,600,000
Tax Life: 5 Years
Average Age at Sale: 1 Year
Income Tax Rate: 35%
Exp. Annual Growth: 5%
Exp. Annual Inflation: 2%
$1,048,000
ASSUMPTIONS:
Annual Rental Car Sales: $18,000,000
Tax Life: 5 Years
Average Age at Sale: 1 Year
Income Tax Rate: 35%
Exp. Annual Growth: 5%
Exp. Annual Inflation: 2%
$5,240,000
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