Blog

  • Accruit Bolsters FinTech Product Strategy with Information Technology Director

    Accruit, a financial technology company specializing in escrow and 1031 exchange services, today announced the addition of Jeff Hathcote as director of information technology.
    Hathcote brings more than 25 years of experience in a broad range of specialties including security, networking, vendor management, project management and software development. Hathcote is a Certified Information Security Manager and a Microsoft Certified Systems Engineer.
    “We are excited to have someone with Jeff’s technical background and leadership experience joining the Accruit team. His passion for security will ensure our clients continue to experience safe and secure FinTech services,” said Accruit President and COO, Karen Kemerling.
    In his new role, Hathcote will manage Accruit’s IT operations and software development efforts and help implement the company’s FinTech product strategy. “I’m excited to be joining Accruit as the company evolves its technology service offerings and furthers its investment in developing additional technology solutions,” he said.

  • Retain Like-Kind Exchanges in Tax Reform – Op-Ed

    Excerpted from the https://www.bizjournals.com/denver/news/2017/11/01/viewpointbeware-chan… Business Journal, “Beware changes in ‘like-kind’ transactions under proposed federal tax reform”:
    Rarely do the interests of small businesses owners and a broad range of local entrepreneurs agree with almost a century of federal income tax policy – especially when it results in billions of dollars in taxes being paid.
    But luckily for the economy, they do.
    The trouble is, this powerful economic driver is now in real danger as Congress and the Trump Administration grapple with the twin dilemmas of tax reform and a threadbare federal budget that would put such long-term investments and incentives at risk.

  • Retain Like-Kind Exchanges in Tax Reform – Op-Ed

    Excerpted from the https://www.bizjournals.com/denver/news/2017/11/01/viewpointbeware-chan… Business Journal, “Beware changes in ‘like-kind’ transactions under proposed federal tax reform”:
    Rarely do the interests of small businesses owners and a broad range of local entrepreneurs agree with almost a century of federal income tax policy – especially when it results in billions of dollars in taxes being paid.
    But luckily for the economy, they do.
    The trouble is, this powerful economic driver is now in real danger as Congress and the Trump Administration grapple with the twin dilemmas of tax reform and a threadbare federal budget that would put such long-term investments and incentives at risk.

  • Retain Like-Kind Exchanges in Tax Reform – Op-Ed

    Excerpted from the https://www.bizjournals.com/denver/news/2017/11/01/viewpointbeware-chan… Business Journal, “Beware changes in ‘like-kind’ transactions under proposed federal tax reform”:
    Rarely do the interests of small businesses owners and a broad range of local entrepreneurs agree with almost a century of federal income tax policy – especially when it results in billions of dollars in taxes being paid.
    But luckily for the economy, they do.
    The trouble is, this powerful economic driver is now in real danger as Congress and the Trump Administration grapple with the twin dilemmas of tax reform and a threadbare federal budget that would put such long-term investments and incentives at risk.

  • Five Years of 100% Expensing Not Worth Repeal of Like-Kind Exchanges

    The Let your state and federal representatives know that immediate expensing not a fair trade for repeal of like-kind exchanges.  Your company relies on clients’ access to low cost debt, the ability to exchange assets (allowable under IRC 1031 like-kind exchanges), and incentives to deal in the secondary and tertiary markets. 100% expensing most likely would not include used equipment.  This is not the way to grow our economy. 

  • Five Years of 100% Expensing Not Worth Repeal of Like-Kind Exchanges

    The Let your state and federal representatives know that immediate expensing not a fair trade for repeal of like-kind exchanges.  Your company relies on clients’ access to low cost debt, the ability to exchange assets (allowable under IRC 1031 like-kind exchanges), and incentives to deal in the secondary and tertiary markets. 100% expensing most likely would not include used equipment.  This is not the way to grow our economy. 

  • Five Years of 100% Expensing Not Worth Repeal of Like-Kind Exchanges

    The Let your state and federal representatives know that immediate expensing not a fair trade for repeal of like-kind exchanges.  Your company relies on clients’ access to low cost debt, the ability to exchange assets (allowable under IRC 1031 like-kind exchanges), and incentives to deal in the secondary and tertiary markets. 100% expensing most likely would not include used equipment.  This is not the way to grow our economy. 

  • How Federally Declared Disasters Affect 1031 Exchanges

    With so many weather-related natural disasters occurring with seemingly increasing frequency, let’s take a look at how such disasters affect persons seeking to complete exchange transactions. While the safe harbor timelines for conventional forward exchanges and for reverse exchanges are strictly enforced, there is some relief afforded in the event of a federally declared disaster in the form of time granted. The applicability of a particular federally declared disaster can be found on the IRS website, which provides IRS Disaster Relief Guidelines and consult with a professional advisor.
    Recent Tax Relief for Disaster Victims
    Tax Relief for Victims of Hurricane Harvey

  • How Federally Declared Disasters Affect 1031 Exchanges

    With so many weather-related natural disasters occurring with seemingly increasing frequency, let’s take a look at how such disasters affect persons seeking to complete exchange transactions. While the safe harbor timelines for conventional forward exchanges and for reverse exchanges are strictly enforced, there is some relief afforded in the event of a federally declared disaster in the form of time granted. The applicability of a particular federally declared disaster can be found on the IRS website, which provides IRS Disaster Relief Guidelines and consult with a professional advisor.
    Recent Tax Relief for Disaster Victims
    Tax Relief for Victims of Hurricane Harvey

  • How Federally Declared Disasters Affect 1031 Exchanges

    With so many weather-related natural disasters occurring with seemingly increasing frequency, let’s take a look at how such disasters affect persons seeking to complete exchange transactions. While the safe harbor timelines for conventional forward exchanges and for reverse exchanges are strictly enforced, there is some relief afforded in the event of a federally declared disaster in the form of time granted. The applicability of a particular federally declared disaster can be found on the IRS website, which provides IRS Disaster Relief Guidelines and consult with a professional advisor.
    Recent Tax Relief for Disaster Victims
    Tax Relief for Victims of Hurricane Harvey