Overview Of A Like-Kind Exchange Program.
NES offers customized, turnkey solutions that provide tax benefits for companies with depreciable assets such as fleets of vehicles and aircraft, or industrial equipment. NES' Like-Kind Exchange (LKE) Program solutions are designed specifically for ongoing high-volume sales of used, low-basis equipment and replacement with new equipment, such as:
- Automobiles
- Trucks, tractors and trailers
- Construction and agricultural equipment
- Aircraft and aircraft engines
- Railway cars and locomotives
- Ships, tugboats and barges
Tax Savings For Ongoing High-Volume Transactions
An LKE Program solution can provide substantial tax benefits while facilitating the upgrade or replacement of assets. NES assists its clients through its proven LKE Program solution services by providing:
- Processes that support IRS Revenue Procedure 2003-39
- High-volume cash flow administration
- Treasury (corporate) assistance
- Support for nationwide distribution networks
- Bank account structures that support specific needs
- Lockboxes
- Joint collection and distribution accounts
- Real-time access to detailed account information and monthly statements
- Bankruptcy Remote provisions
Click on the link below for more in-depth information about NES' Like-Kind Exchange Program solution:
- Like-Kind Exchange Program> Download PDF
