Join Us For a Free Seminar on College!

On Friday, May 18, 2018 join BWTP for our latest installment of our Education With a Bite series. That day we will be joined by David Ressner, a wealth advisor at Buckingham Strategic Wealth, to talk about finding and affording a great college education. For more information, please c

529 Plans

A 529 plan is a tax-advantaged investment account offered in the United States as a means to save for higher education expenses for a beneficiary. Many states offer their own version of a 529 plan. 529 plans are no longer just a tax effective means to save for college. Among many chan
Tax deduction

Last Minute Tax Saving Strategy for 2017

President Trump’s goal is to sign a new tax bill into law by Christmas 2017. It appears many changes to our current tax law are inevitable. Both the Senate and the House of Representatives plans will remove the state and local income tax deduction from federal itemized deduction

Having Two Sets of Books

Did you realize that some companies actually utilize two sets of books? Companies often have a set of books for income taxes and one to comply with Generally Accepted Accounting Principles (GAAP). There are numerous differences that exist between accounting for income taxes and GAAP.

Changes for Not-For-Profits Financial Statements

During August of 2016, the Financial Accounting Standards Board (FASB) issued an update relating to standards that govern the financial statements of Not-For-Profit entities. The update becomes effective for all entities whose fiscal year begins after December 31, 2017 for annual fina