WTP Exchange, a provider of like-kind exchange services, has been admitted as a member of the Lessors Network, a group designed to keep the equipment lease finance community informed of breaking news and regulatory updates.

As a member of the Lessors Network, WTP Exchange will be able to keep equipment lease finance professionals up to speed on critical tax legislation, as well as offer guidance on how companies can increase their cash flow from year to year using a like-kind exchange (LKE) program — a tax program for offsetting costs on vehicle inventory.

“I have been implementing and managing LKE programs for almost 18 years now, and am proud to be a member of the Lessors Network,” says Ron Hodgeman, tax attorney and LKE practice director at WTP Exchange.

WTP Exchange is an affiliate company of global tax and business advisory firm WTP Advisors.

“We are excited that WTP Exchange has joined our network,” says John Semon, CEO of the Lessors Network. “The LKE tax solution is a valuable tool that allows our members to reduce their current tax liability and increase cash flow.”