Accruit Senior Managing Director Steve Chacon Appointed Treasurer of Federation of Exchange Accommodators

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New Appointment Reinforces Accruit Team’s Commitment and Leadership Role in Serving the 1031 Exchange Market.

Accruit, LLC, the nation’s leading provider of qualified intermediary (QI) and 1031 Like-Kind Exchange (LKE) program solutions, is pleased to announce that its Senior Managing Director, Steve Chacon, has been appointed Treasurer of the Federation of Exchange Accommodators (FEA) and will serve on its Board of Directors.

The FEA, which was formed in 1989, is the LKE industry’s governing body and the only national trade association organized to represent professionals who conduct LKEs under Internal Revenue Code §1031, including QIs, their primary tax and legal counsel, and affiliated industries.

Chacon, who holds a CPA and a prestigious Certified Exchange Specialist (CES®) designation and has been an active member of the FEA’s Government Affairs Committee for the past year, is looking forward to his new appointment as Treasurer.

“I was honored to be considered for the appointment and even more honored that I was selected,” said Chacon. “I’m looking forward to working with such a well-respected and experienced team, and contributing as one of their peers.”

Chacon brings over 10 years of industry experience to his new role as FEA Treasurer and believes that his continued involvement on the Government Affairs Committee, which is at the forefront of the FEA’s legislative efforts, further reinforces Accruit’s commitment to the LKE industry.

“Steve continues to be a leading expert in the field, and in our company,” said President and CEO of Accruit, Brent Abram, who is also an FEA board member and FEA past-president, “We are pleased to see him on the FEA Executive Board and we’re excited to see what his knowledge will bring to the table.”

“The Accruit team is very passionate about defending its clients’ abilities to do 1031 exchanges and helping them conduct their business in the most efficient manner possible,” said Chacon. My work with the FEA is directly related to our client’s bottom line. By actively engaging with federal and state legislators, we can ensure that this tax-saving strategy remains as a benefit for our clientele.”

About Accruit
Denver, Colorado-based Accruit, LLC is the nation’s leading provider of qualified intermediary and 1031 Like-Kind Exchange program solutions, serving more than 20 industries. The company’s long record of success includes individuals to public Fortune 500s, and has resulted in billions of dollars in deferred tax liability for its clients. Accruit, LLC and PricewaterhouseCoopers (PwC) formed a joint business relationship in 2010 to provide clients the absolute highest level of expertise in 1031 LKE program management. For more detailed company information, please visit http://www.accruit.com.

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Laura Mulston
Accruit
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