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Article: Exchange Program Implemented.
- Article from:
- Michigan Contractor and Builder
- Article date:
- September 16, 2006
CopyrightCOPYRIGHT 2006 Reed Business Information, Inc. (US). This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Staff
Aring Equipment Company, the Volvo Construction Equipment dealer for Wisconsin and the Upper Peninsula of Michigan since 1939, engaged Accruit, L.L.C., www.accruit.com , of Denver, Colo., to design, implement and administer an innovative repetitive 1031 Like-Kind Exchange (LKE) program. While Accruit captured LKE benefits for Aring almost immediately, Aring's tailored program was fully implemented in under two months.
Jeff Lemanczyk, Aring Equipment's chief financial officer, said, "Accruit's diverse LKE service portfolio allowed us to tailor a program that perfectly suits our business processes and goals. Our tax advisors worked directly with ...
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