Category: Company and Industry News

Accruit CEO Brent Abrahm is one of Denver’s People on the Move, according to the Denver Business Journal. A recent article highlights Abrahm’s appointment to the Board of Directors for

Accruit CEO Brent Abrahm is one of Denver’s People on the Move, according to the Denver Business Journal. A recent article highlights Abrahm’s appointment to the Board of Directors for

Accruit CEO Brent Abrahm is one of Denver’s People on the Move, according to the Denver Business Journal. A recent article highlights Abrahm’s appointment to the Board of Directors for

As part of Accruit’s ongoing efforts to promote 1031 Like-Kind Exchanges (LKE), we were busy as ever at the annual Federation of Exchange Accommodators’ (FEA) annual conference, which was hosted in Denver earlier this month.
With one of the largest turnouts in years, we’re pleased to announce that the 1031 LKE market is on the rebound after the recent economic crisis, especially in regards to real estate exchanges. With no gains to defer, FEA members had been reporting as few as 1 or 2 transactions all year. Now, with property values on the rise, taxpayers are increasingly looking to defer gains through LKEs upon the sale of their investment and business use assets.
The conference shed light on much of the work being conducted behind the scenes in cooperation with our lawmakers. David Franasiak, principal at Williams & Jensen, the FEA’s lobbyist, provided a comprehensive overview of the efforts in D.C. regarding tax reform and fostering broad support for the continuance of LKEs. The FEA continues to educate the Senate Finance Committee and the House Ways and Means Committee regarding the benefits of 1031 exchanges in the face of pending tax reform.
Accruit continues to play an active role in the FEA, both in discussions with legislators in D.C. and locally. I am currently serving as the FEA’s Government Affairs Committee co-chair and Steve Chacon is serving as the association’s treasurer and on the executive committee. During the conference, we both took part in an FEA strategy planning session to define both long and short-term goals for the association. One goal is the establishment of a Political Action Committee to help support legislative changes.
This year’s conference was a great success and the 1031 LKE market is poised for continued growth. Stay tuned for further information regarding the FEA and 1031 industry news and updates.
 

As part of Accruit’s ongoing efforts to promote 1031 Like-Kind Exchanges (LKE), we were busy as ever at the annual Federation of Exchange Accommodators’ (FEA) annual conference, which was hosted in Denver earlier this month.
With one of the largest turnouts in years, we’re pleased to announce that the 1031 LKE market is on the rebound after the recent economic crisis, especially in regards to real estate exchanges. With no gains to defer, FEA members had been reporting as few as 1 or 2 transactions all year. Now, with property values on the rise, taxpayers are increasingly looking to defer gains through LKEs upon the sale of their investment and business use assets.
The conference shed light on much of the work being conducted behind the scenes in cooperation with our lawmakers. David Franasiak, principal at Williams & Jensen, the FEA’s lobbyist, provided a comprehensive overview of the efforts in D.C. regarding tax reform and fostering broad support for the continuance of LKEs. The FEA continues to educate the Senate Finance Committee and the House Ways and Means Committee regarding the benefits of 1031 exchanges in the face of pending tax reform.
Accruit continues to play an active role in the FEA, both in discussions with legislators in D.C. and locally. I am currently serving as the FEA’s Government Affairs Committee co-chair and Steve Chacon is serving as the association’s treasurer and on the executive committee. During the conference, we both took part in an FEA strategy planning session to define both long and short-term goals for the association. One goal is the establishment of a Political Action Committee to help support legislative changes.
This year’s conference was a great success and the 1031 LKE market is poised for continued growth. Stay tuned for further information regarding the FEA and 1031 industry news and updates.
 

As part of Accruit’s ongoing efforts to promote 1031 Like-Kind Exchanges (LKE), we were busy as ever at the annual Federation of Exchange Accommodators’ (FEA) annual conference, which was hosted in Denver earlier this month.
With one of the largest turnouts in years, we’re pleased to announce that the 1031 LKE market is on the rebound after the recent economic crisis, especially in regards to real estate exchanges. With no gains to defer, FEA members had been reporting as few as 1 or 2 transactions all year. Now, with property values on the rise, taxpayers are increasingly looking to defer gains through LKEs upon the sale of their investment and business use assets.
The conference shed light on much of the work being conducted behind the scenes in cooperation with our lawmakers. David Franasiak, principal at Williams & Jensen, the FEA’s lobbyist, provided a comprehensive overview of the efforts in D.C. regarding tax reform and fostering broad support for the continuance of LKEs. The FEA continues to educate the Senate Finance Committee and the House Ways and Means Committee regarding the benefits of 1031 exchanges in the face of pending tax reform.
Accruit continues to play an active role in the FEA, both in discussions with legislators in D.C. and locally. I am currently serving as the FEA’s Government Affairs Committee co-chair and Steve Chacon is serving as the association’s treasurer and on the executive committee. During the conference, we both took part in an FEA strategy planning session to define both long and short-term goals for the association. One goal is the establishment of a Political Action Committee to help support legislative changes.
This year’s conference was a great success and the 1031 LKE market is poised for continued growth. Stay tuned for further information regarding the FEA and 1031 industry news and updates.
 

Accruit would like to wish a speedy recovery as our hearts and minds go out to all those affected by the recent storms, flooding and landslides here in Colorado.  We hope for the best on behalf of all our clients and neighbors enduring the lasting effects of the devastation.
In response to the flooding to hit Colorado in recent weeks, the IRS has announced that tax relief will be provided for business and individual taxpayers in several areas affected by the severe flooding.

The covered disaster area includes Adams, Boulder, Larimer and Weld counties, where taxpayers will be eligible for tax relief. More counties may be added to this list as the damage assessments of the Federal Emergency Management Agency (FEMA) continue over the next several days.
The offered tax relief will postpone certain tax filing and payment deadlines until December 2, 2013. The relief plan includes companies and business that previously obtained an extension until September 16, 2013, to file their 2012 returns and individuals and businesses that received a similar extension until October 15. It also includes the estimated tax payment for the third quarter of 2013, which would normally be due September 16th.
The IRS applies automatic filing and payment relief to those taxpayers located in the covered disaster areas. Taxpayers who reside or have a business located outside the covered disaster area must call the disaster hotline at 866-562-5227 to request this tax relief.
Practitioners located in the covered disaster area who maintain records necessary to meet a filing or payment deadline for multiple taxpayers outside the disaster area may contact the IRS to identify such clients using the procedures described on the IRS.gov. The IRS encourages taxpayers and tax practitioners to monitor the Tax Relief in Disaster Situations listings at

Accruit would like to wish a speedy recovery as our hearts and minds go out to all those affected by the recent storms, flooding and landslides here in Colorado.  We hope for the best on behalf of all our clients and neighbors enduring the lasting effects of the devastation.
In response to the flooding to hit Colorado in recent weeks, the IRS has announced that tax relief will be provided for business and individual taxpayers in several areas affected by the severe flooding.

The covered disaster area includes Adams, Boulder, Larimer and Weld counties, where taxpayers will be eligible for tax relief. More counties may be added to this list as the damage assessments of the Federal Emergency Management Agency (FEMA) continue over the next several days.
The offered tax relief will postpone certain tax filing and payment deadlines until December 2, 2013. The relief plan includes companies and business that previously obtained an extension until September 16, 2013, to file their 2012 returns and individuals and businesses that received a similar extension until October 15. It also includes the estimated tax payment for the third quarter of 2013, which would normally be due September 16th.
The IRS applies automatic filing and payment relief to those taxpayers located in the covered disaster areas. Taxpayers who reside or have a business located outside the covered disaster area must call the disaster hotline at 866-562-5227 to request this tax relief.
Practitioners located in the covered disaster area who maintain records necessary to meet a filing or payment deadline for multiple taxpayers outside the disaster area may contact the IRS to identify such clients using the procedures described on the IRS.gov. The IRS encourages taxpayers and tax practitioners to monitor the Tax Relief in Disaster Situations listings at

Accruit would like to wish a speedy recovery as our hearts and minds go out to all those affected by the recent storms, flooding and landslides here in Colorado.  We hope for the best on behalf of all our clients and neighbors enduring the lasting effects of the devastation.
In response to the flooding to hit Colorado in recent weeks, the IRS has announced that tax relief will be provided for business and individual taxpayers in several areas affected by the severe flooding.

The covered disaster area includes Adams, Boulder, Larimer and Weld counties, where taxpayers will be eligible for tax relief. More counties may be added to this list as the damage assessments of the Federal Emergency Management Agency (FEMA) continue over the next several days.
The offered tax relief will postpone certain tax filing and payment deadlines until December 2, 2013. The relief plan includes companies and business that previously obtained an extension until September 16, 2013, to file their 2012 returns and individuals and businesses that received a similar extension until October 15. It also includes the estimated tax payment for the third quarter of 2013, which would normally be due September 16th.
The IRS applies automatic filing and payment relief to those taxpayers located in the covered disaster areas. Taxpayers who reside or have a business located outside the covered disaster area must call the disaster hotline at 866-562-5227 to request this tax relief.
Practitioners located in the covered disaster area who maintain records necessary to meet a filing or payment deadline for multiple taxpayers outside the disaster area may contact the IRS to identify such clients using the procedures described on the IRS.gov. The IRS encourages taxpayers and tax practitioners to monitor the Tax Relief in Disaster Situations listings at

Accruit has recently partnered with Amarillo-based