Federation of Exchange Accommodators Names Former Southeastern Regional VP to Board of Directors.PHILADELPHIA -- The Federation of Exchange Accommodators (FEA (Finite Element Analysis) A mathematical technique for analyzing stress, which breaks down a physical structure into substructures called "finite elements." The finite elements and their interrelationships are converted into equation form and solved mathematically. ) announced today the appointment of James W. "Bill" Bailey, Jr., CES[R] to the position of FEA Board Member and Chairman of the FEA Marketing Committee. The appointment is effective immediately and will run through the Association's annual conference, taking place in October of this year in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , Nevada. James W. "Bill" Bailey, Jr., will move from his current position of Southeastern Regional Vice-President into his new role as FEA Board Member and FEA Marketing Committee Chairman. As Southeastern Regional Vice President, Mr. Bailey focused many of his efforts on FEA Marketing. Mr. Bailey also serves as a member of the CES[R] Council, Chair of the CES[R] Ethics Committee ethics committee A multidisciplinary hospital body composed of a broad spectrum of personnel–eg, physicians, nurses, social workers, priests, and others, which addresses the moral and ethical issues within the hospital. See DNR, Institutional review board. , member of the Small Business Resource Committee, and served as Chair of the 2008 FEA Mid-Year Conference Committee. "The Association has benefitted greatly from having Mr. Bailey focus his attention on the Southeastern region this past year," said Mary Foster, FEA President. "His focus on marketing has increased membership and FEA exposure in that part of the country. We're very excited that he is willing to apply his experience to the FEA's national marketing efforts, both on the Board and as Chairman of the Marketing Committee." Mr. Bailey is the President of 1031 Exchange Services, LLC (Logical Link Control) See "LANs" under data link protocol. LLC - Logical Link Control , which is a wholly owned subsidiary Wholly Owned Subsidiary A subsidiary whose parent company owns 100% of its common stock. Notes: In other words, the parent company owns the company outright and there are no minority owners. of Southern Financial Services. He has been the President of both companies for more than 35 years. He will perform his duties for the FEA from his company's home office in Asheville, North Carolina Not to be confused with Ashville. Asheville is a city in Buncombe County, North Carolina, and is its county seat. As of the 2000 census, the city had a total population of 68,889. It is the largest city in western North Carolina, and continues to grow. . The Federation of Exchange Accommodators (FEA) is the national trade association organized to represent professionals who conduct like-kind exchanges under Internal Revenue Code The Internal Revenue Code is the body of law that codifies all federal tax laws, including income, estate, gift, excise, alcohol, tobacco, and employment taxes. These laws constitute title 26 of the U.S. Code (26 U.S.C.A. § 1 et seq. SS1031. Members include Qualified Intermediaries (QIs), their primary tax and legal counsel, and affiliated industries (TIC sponsors, banks, real estate brokers, title companies, settlement/escrow agents, etc.). Formed in 1989, the FEA offers multiple services and education to both the exchange industry and general public. The FEA encourages innovation in the industry, establishes ethical standards of conduct, and works toward the development of uniformity of practice and terminology within the exchange profession. For more information about the FEA please visit: www.1031.org. |
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