Category: Company and Industry News

Accruit’s Chief Operating Officer, Denver Business Journal recognizes Denver’s most influential women with awards in the categories of Architecture, Engineering and Construction; Banking, Finance and Accounting; Communications, Media and Public Relations; Education, Government and Nonprofits; Health Care; Large Business Owner; Law; Mile High Leaders; Real Estate; Small Business Owner; Technology and Telecommunications; Lifetime Achievement and the newly added Energy Industry.
The other finalists in the Banking, Finance and Accounting category are Kathryn Albright of U.S. Bank and Barbara Brohl of the Colorado Department of Revenue. View a Outstanding Women in Business Awards Luncheon on Thursday, August 20, 2015.

Accruit’s Chief Operating Officer, Denver Business Journal recognizes Denver’s most influential women with awards in the categories of Architecture, Engineering and Construction; Banking, Finance and Accounting; Communications, Media and Public Relations; Education, Government and Nonprofits; Health Care; Large Business Owner; Law; Mile High Leaders; Real Estate; Small Business Owner; Technology and Telecommunications; Lifetime Achievement and the newly added Energy Industry.
The other finalists in the Banking, Finance and Accounting category are Kathryn Albright of U.S. Bank and Barbara Brohl of the Colorado Department of Revenue. View a Outstanding Women in Business Awards Luncheon on Thursday, August 20, 2015.

Accruit’s Chief Operating Officer, Denver Business Journal recognizes Denver’s most influential women with awards in the categories of Architecture, Engineering and Construction; Banking, Finance and Accounting; Communications, Media and Public Relations; Education, Government and Nonprofits; Health Care; Large Business Owner; Law; Mile High Leaders; Real Estate; Small Business Owner; Technology and Telecommunications; Lifetime Achievement and the newly added Energy Industry.
The other finalists in the Banking, Finance and Accounting category are Kathryn Albright of U.S. Bank and Barbara Brohl of the Colorado Department of Revenue. View a Outstanding Women in Business Awards Luncheon on Thursday, August 20, 2015.

A new, in-depth study of the U.S. commercial real estate market found that 1031 like-kind exchanges strengthen the market and stimulate job creation, investment, and economic growth.
“The Economic Impact of Repealing or Limiting Section 1031 Like-Kind Exchanges in Real Estate” analyzed more than 1.6 million real estate transactions over an 18-year period. It was commissioned by the Real Estate Like-Kind Exchange Coalition, comprised of organizations across all sectors of the industry, in response to legislative proposals to repeal Section 1031.

A new, in-depth study of the U.S. commercial real estate market found that 1031 like-kind exchanges strengthen the market and stimulate job creation, investment, and economic growth.
“The Economic Impact of Repealing or Limiting Section 1031 Like-Kind Exchanges in Real Estate” analyzed more than 1.6 million real estate transactions over an 18-year period. It was commissioned by the Real Estate Like-Kind Exchange Coalition, comprised of organizations across all sectors of the industry, in response to legislative proposals to repeal Section 1031.

A new, in-depth study of the U.S. commercial real estate market found that 1031 like-kind exchanges strengthen the market and stimulate job creation, investment, and economic growth.
“The Economic Impact of Repealing or Limiting Section 1031 Like-Kind Exchanges in Real Estate” analyzed more than 1.6 million real estate transactions over an 18-year period. It was commissioned by the Real Estate Like-Kind Exchange Coalition, comprised of organizations across all sectors of the industry, in response to legislative proposals to repeal Section 1031.

In an effort increase awareness of current policy issues and to convey the voice of the equipment leasing and financing industry, members of the Equipment Leasing and Finance Association (ELFA) are on Capitol Hill May 13-May 14 for meetings with elected officials and legislative staff.
Accruit’s Brent Abrahm joined top executives in the leasing industry to meet with members of Congress and the Joint Committee on Taxation on matters pertinent to like-kind exchanges.
Photo: (left to right) Dan McKew of Capital One Leasing, Representative Lynn Jenkins (R-KS), Accruit’s Brent Abrahm

In an effort increase awareness of current policy issues and to convey the voice of the equipment leasing and financing industry, members of the Equipment Leasing and Finance Association (ELFA) are on Capitol Hill May 13-May 14 for meetings with elected officials and legislative staff.
Accruit’s Brent Abrahm joined top executives in the leasing industry to meet with members of Congress and the Joint Committee on Taxation on matters pertinent to like-kind exchanges.
Photo: (left to right) Dan McKew of Capital One Leasing, Representative Lynn Jenkins (R-KS), Accruit’s Brent Abrahm

In an effort increase awareness of current policy issues and to convey the voice of the equipment leasing and financing industry, members of the Equipment Leasing and Finance Association (ELFA) are on Capitol Hill May 13-May 14 for meetings with elected officials and legislative staff.
Accruit’s Brent Abrahm joined top executives in the leasing industry to meet with members of Congress and the Joint Committee on Taxation on matters pertinent to like-kind exchanges.
Photo: (left to right) Dan McKew of Capital One Leasing, Representative Lynn Jenkins (R-KS), Accruit’s Brent Abrahm

In March, the Like-Kind Exchange Coalition, comprised of representatives from real estate, equipment rental, car rental, energy and QI organizations met in Washington D.C. with two purposes. The first was to announce the results of the comprehensive E&Y study examining the impact a repeal of 1031 like-kind exchanges would have on the economy. The second was to schedule as many meetings possible with members of the Senate Finance and House Ways & Means committees during the three days that we were in D.C. The number of meetings turned out to be 60 and included meetings the Chief of Staff of the Senate Finance Committee, chaired by Senator Orin Hatch, and the E&Y study, shrinks GDP by $8 billion to $13 billion per year.
The 1031taxreform.com/join-campaign. The impact realized from this three-minute effort is exponential.
Involve Your Industry Associations
I also encourage you to contact your industry-specific associations and ask them what they are doing to help ensure that like-kind exchanges are retained. We’re surprised to find several national associations downplaying or altogether ignoring the impact that 1031 repeal would have on their members, a stance that stems from corporate willingness to sacrifice anything, like-kind exchanges included, for a decrease in the corporate tax rate. What’s missing from this notion however, is the understanding that 93% of American businesses are sole proprietorships that file at an individual tax rate and won’t benefit from a corporate-only tax reform strategy that dismisses 1031s.
If 1031s are important to your business, and you believe your association should be involved in their preservation, let them know.