ADVOCACY

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As a Board-level member of the Federation of Exchange Accommodators (FEA), Accruit is actively involved in the association’s efforts in Washington D.C. to engage and educate legislators and others on the value that 1031 like-kind exchanges represent to the nation’s economy.

Brent Abrahm, Accruit’s CEO, is a past FEA President and former Co-Chair of the FEA’s Government Affairs Committee.

Max A. Hansen, one of Accruit’s Managing Directors. is a past FEA President, former Co-Chair of the FEA’s Government Affairs Committee and still a member of the Committee.

Advocacy News
FEA Understanding the Impact of Depreciation on Like-Kind Exchanges
08/05/21
The FEA published 'Understanding the Impact of Depreciation on Like-Kind Exchanges' this week and Brent Abrahm, President & Chief Executive Officer of Accruit, a Qualified Intermediary for 1031 like-kind exchanges responds!
Support Section 1031 Like-Kind Exchanges
05/27/21
President Joe Biden’s proposed American Family Plan places severe limitations on Internal Revenue Code Section 1031 like-kind exchanges. Our communities will be severely impacted if we do not take action to preserve IRS Section 1031.
Accruit Presents at FEA Virtual Conference
12/19/20
The annual Federation of Exchange Accommodators (FEA) conference is this month! The all-virtual conference is being held September 22-25, 2020. Accruit team members Martin S. Edwards (past FEA President) and Jordan Born (current FEA Board member) have been asked back this year to present their Reverse Exchange Boot Camp on Tuesday, September 22nd. Accruit is honored to be tapped to present this topic for the third year in a row.
Preserving Section 1031
10/16/20
Accruit has always advocated for the preservation of 1031 exchange. Exchanges provide economic stimulus on the local level, which is especially important in times of economic uncertainty such as these. As members of the Federation of Exchange Administrators (FEA), Accruit is an active participant in the work that is being done to preserve Section 1031 of the Internal Revenue Code. The FEA is incredibly important to our industry and we are proud to be members and support the work they are doing.
Accruit Presents at FEA Virtual Conference
09/14/20
The annual Federation of Exchange Accommodators (FEA) conference is this month! The all-virtual conference is being held September 22-25, 2020. Accruit team members Martin S. Edwards (past FEA President) and Jordan Born (current FEA Board member) have been asked back this year to present their Reverse Exchange Boot Camp on Tuesday, September 22nd. Accruit is honored to be tapped to present this topic for the third year in a row. 
Politicians Target 1031 Exchanges
07/24/20
As another election draws closer, 1031 exchange reform has become a campaign topic again. We have seen this many times before, and the truth is that 1031 exchanges directly stimulate economic growth and is not a tax shelter for wealthy investors. From funneling revenue to Main Street America, to reducing the cost of capital, 1031 exchange allows Americans to reap the benefits in a variety of ways.
FEA Meeting with Representative Raja Krisnamoorthi
04/10/18
Accruit joins other members of the Federation of Exchange Accommodators to discuss the importance of like-kind exchanges with Rep. Raja Krishnamoorthi (D-IL-8).
Capitol Hill Visit and the Unified Framework for Tax Reform
10/05/17
Accruit CEO Brent Abrahm, co-chair of the FEA Government Affairs Committee, attended key meetings in D.C. to discuss the release of the new Tax Framework.
Are like-kind exchanges still advisable with tax reform on the horizon?
07/14/17
One thing that all of these plans have in common is tax rate reduction, an outcome that would make like-kind exchanges even more compelling currently. Not only would an exchanger get the benefits of paying taxes later, but at the time payment is made, it would likely be payable at a lesser rate than at the time of the property sale. There is a reason that Section 1031 has remained in the Code since 1921 and there continue to be sound reasons for it to remain under tax reform.
Like-Kind Exchange News Round-Up, June 29 – July 11
07/11/17
The preservation of a nearly-century old tax law brings varied voices to the forefront. Like-kind exchanges help small business and stimulate the economy.
Representative Steve Stivers Calls for Preservation of Like-Kind Exchanges
07/05/17
In an op-ed in The Hill, Financial Services Committee member Steve Stivers called for the preservation of 1031 like-kind exchanges. Read the op-ed here.
Advocates Aim to Preserve Like-Kind Exchange in Tax Reform
05/11/17
In a May 8 Tax Notes article, Emily Foster explores the issue of repealing 1031 like-kind exchanges as part of the current tax rerform efforts in Washington.
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