Utilities
Proven tax deferral strategies for America’s evolving utility industries.
Whether the subject is electricity generation and transmission, natural gas distribution or water and sewage operations, the current realities are the same: costs are significant and capital is tighter than ever. In addition, the new administration has promised two initiatives with major implications for their businesses: first, a massive push to modernize the infrastructure, a project that presents America’s utilities with both once-in-a-generation (or more) challenges and opportunities; and second, a related emphasis on greening and decarbonizing the economy.
In short, utilities across the nation have a greater need than ever for access to operating capital. This, and a powerful asset management strategy, will be essential keys to success for the foreseeable future.
Fortunately, there’s a tried and true strategy for driving cash flow—1031 Like-Kind Exchanges, which allow companies like yours to keep your cash and invest it back into your business. Accruit has acted as the qualified intermediary for successful businesses in more than 20 industries, assisting them in deferring over a billion dollars in tax liability. If you’re interested in hearing more, contact us for a free benefit analysis. Let us show you how 1031 Like-Kind Exchanges can help your company maximize cash flow while minimizing risk and administrative burden.