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Like-Kind Exchange

Members of the American Car Rental Association met with U.S. senators, representatives, and their aides last week. Here’s why bringing the message to this forum matters.

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WTP Exchange Joins the Lessors Network

WTP Exchange, a provider of like-kind exchange (LKE) 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.

IRS Releases Favorable Ruling on Like Kind Exchange Programs

The new IRS ruling (201308020) makes it clear that WTP Exchange is permitted under the tax law to provide both Like Kind Exchange (LKE) software and qualified intermediary services. LKE is a common tax-deferred exchange used by businesses.

2012 Tax Hit: Are You Prepared?

Budget licensee uses like-kind exchange program to avoid a tax burden for 2012 as a result of the discontinuation of bonus depreciation.