News

Trusts & Estates awards Accruit Exchange Manager™ near-perfect score

February 15th, 2010

The Accruit Exchange Manager™ was featured in the most recent Trusts & Estates magazine's monthly technology review. The reviewer, Donald H. Kelley of Kelley, Scritsmier & Byrne, P.C., regularly covers technology and related issues for the legal publication, which is devoted to the wealth management sector. His review considered four key criteria, and awarded the Exchange Manager™ 18 out of a possible 20 stars, concluding that "he Accruit service furnishes an efficient way to handle the details of like-kind exchanges and all the associated document preparation and record keeping." We've always touted the efficiency and effectiveness of ... (Read the rest of this entry)

Accruit partners with XAPT: new alliance means greater simplicity and reduced operating costs for heavy equipment dealers across the US

January 19th, 2010

-      1031 Exchange Leader Accruit and Business Technology Innovators XAPT Strike Industry-First Exclusive Alliance to Streamline Complex ERP Process -      Equipment Businesses Encouraged to Visit Booth at AED/CONDEX (San Antonio, TX) It's not bad enough that Heavy Equipment dealers have to cope with the worst economic conditions in decades, but all too often their internal systems are riddled with profit-sapping complexity and inefficiency. As a result, it's always especially good news when the companies serving the industry can find new and better ways of simplifying the business process. To this end, business technology leader XAPT has forged ... (Read the rest of this entry)

Steve Chacon to direct Exchange Management Operations for Accruit

December 15th, 2009

Steve Chacon has been named Accruit's new Director of Exchange Operations. In this role, Chacon will direct the company's inside sales activities and work to strengthen Accruit's primary single exchange channel relationships. To support this initiative, Client Service Managers Amber Morlan, CES®, and Leticia Espinoza have been named Manager of Exchange Operations and Sales Manager/Exchange Operations, respectively. This group will report through the Sales organization and will also work closely with the Client Service group to assure strong service continuity for new and existing clients. Chacon brings a wealth of §1031 exchange experience to Accruit. For more than 10 years, he earned ... (Read the rest of this entry)

Network International and Accruit strike exclusive provider partnership

November 3rd, 2009

- Maximizing return, minimizing headache: new alliance provides energy businesses with efficient access to powerful cash flow strategy networkintl1 (Denver CO) - The contemporary marketplace is flooded with businesses providing a broad array of valuable services, but tightening budgets and shrinking staffs have put a premium on efficiency and synergy. So the ultimate value arises when industry-leading businesses team up to provide their clients with one-stop access to a variety of innovative and quality services. In a move aimed at maximizing capital, asset management and investment recovery strategies for enterprises across America's energy ... (Read the rest of this entry)

Rigzone: Accruit 1031 exchanges can drive cash flow benefit of 40% or more for O&G businesses

October 2nd, 2009

Rigzone.com, the "Gateway to the Oil and Gas Industry" (providing industry news and information, the Online Oil & Gas Directory, careers, a classifieds marketplace, and more), has a new article up describing how Accruit 1031 exchanges can generate significant cash flow benefits for enterprises across the oil and gas industry. There's some nice detail here on what makes Accruit special. Read the article here...

Brent Abrahm in Asset 2.0: 1031 exchanges and investment recovery

August 14th, 2009

Accruit CEO recently authored the cover story for Asset 2.0, the business journal of the Investment Recovery Association. His analysis and insights are available online at the IRA Web site (free registration required).

Accruit - AED’s Preferred Provider for 6th Consecutive Year

August 3rd, 2009

Associated Equipment Distributors (AED) and Accruit have announced the continuation of their long-standing relationship which provides Accruit's industry-leading services to the heavy equipment industry. Over the course of this six-year relationship, Accruit has grown to become the leading provider of 1031 Like-Kind Exchanges, thanks in large part to the strong relationship with AED.  Working in consultation with the leaders of the heavy equipment industry, Accruit has consistently developed innovative tax services specifically designed to meet the demands of this market, including the Accruit Alliance Program (allowing corporations to offer a safe and secure ... (Read the rest of this entry)

Accruit named Associated Equipment Distributors Preferred Provider of Like-Kind Exchange Services for the sixth consecutive year

August 3rd, 2009

FOR IMMEDIATE RELEASE Contact:  Sam Smith Accruit, LLC 303.865.7312 sams@accruit.com - "Accruit continues to seek out new ways of supporting the needs of their clients..." August 3, 2009 (Denver CO) - Denver-based Accruit is the only 1031 like-kind exchange (LKE) solutions company to ever earn Preferred Provider status from the Associated Equipment Distributors, and the Oak Brook-based organization has just announced that this prestigious endorsement has been extended for a sixth straight year. Toby Mack, President and CEO of AED, said that the group's membership has been pleased with the service and value represented by Accruit over the first five years of the relationship. "AED is pleased to ... (Read the rest of this entry)

Abrahm in Construction Executive Magazine: Look to Like-Kind Exchanges for Tax Savings

June 9th, 2009

In the latest issue of Construction Executive, Accruit CEO Brent Abrahm lays out the value of 1031 exchanges for construction firms looking to green their operations. These concerns are especially significant for businesses operating in California and other states preparing to adopt similarly strict emissions standards. Abrahm explains, in part:

For example, a construction company seeking to comply with stricter state emissions standards needs to upgrade its fleet to include cleaner, more efficient trucks, cranes, skid steers, wheel loaders and backhoes. It launches a program to replace 20 assets per year for the next five years. In doing so, it sells
... (Read the rest of this entry)

Bicket becomes third Accruit staffer to earn prestigious CES®

May 27th, 2009

The Federation of Exchange Accommodators has announced that Accruit Sales Manager Kim Bicket has earned its coveted Certified Exchange Specialist® designation. Accruit CEO Brent Abrahm notes that the qualifying exam "is a strenuous mental task that tests applicant knowledge of all the nuances of the 1031 code." In fact, individuals must have at least two years of experience in the industry before they're even allowed to apply for the exam, making it one of the most rigorous professional certification processes in the country. Congrats to Kim, who now becomes the company's third CES®, joining In-house Counsel ... (Read the rest of this entry)

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