We are thrilled to announce that Prestige Accounting Services Group (previously Prestige Wealth Accounting Group) has joined forces with Bacchetta & Company in an exciting new partnership!

2017 Tax Reform Comparision Chart

Tax Cuts & Jobs Act Individual & Small Business Side by Side Comparison

Provisions: This is a synopsis of some of the provisions included in the House bill (HR 1) that was passed by a vote of 227 to 205 on November 16, 2017, and the Senate’s version of the bill as passed on December 2, by a vote of 51 to 49 – both along party lines. This synopsis does not include any conference amendments made after the December 2nd Senate version.

There are significant differences between the two bills, and both the House and Senate must pass the same legislation before it can be sent to the president for a signature. This involves a reconciliation process between the two houses of Congress. Most sources expect that most of the provisions of the Senate version will prevail during the reconciliation process in an effort to get the legislation pushed through before Christmas.

  • Both bills cut both individual and corporate tax rates 
  • Both bills largely repeal the state and local tax deduction 
  • Both plans increase the standard deduction 
  • Only the Senate bill repeals the Affordable Care Act requirement that individuals buy health insurance 
  • The conference committee will reconcile the two bills for a final vote and signature from the President
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Get to Know Prestige Accounting Services Group (previously Prestige Wealth Accounting Group)


Offices in Flemington, NJ and Califon, NJ

Our Mission: At Prestige Accounting Services Group (previously Prestige Wealth Accounting Group), we are on a mission to redefine the tax experience for individuals and small businesses. With a focus on personalized service, strategic planning, and expert guidance, we aim to empower our clients to succeed financially with confidence and ease.

Expertise in Action: With a wealth of experience and a team of dedicated professionals, we specialize in individual and small business tax preparation. While we excel in all areas of taxation, our passion lies in serving the unique needs of small business owners in New Jersey. We understand that small business taxation requires specialized knowledge and attention to detail, which is why we go above and beyond to ensure our clients receive the guidance and support they deserve.

Tailored Solutions for Every Client: Whether you're a high-net-worth individual seeking comprehensive tax planning or a small business owner in need of accounting and bookkeeping assistance, we have the expertise to meet your needs. Our team takes the time to understand your specific situation and develop customized solutions that align with your goals and objectives.

Why Choose Us?: What sets us apart from other New Jersey tax firms is our commitment to excellence and innovation in the field of taxation. We don't just prepare tax returns; we provide strategic insights, proactive planning, and actionable advice to help our clients achieve their financial goals. With a team of two CPAs, an EA, and an ERO, we have the expertise and resources to deliver exceptional service and results.

Your Success is Our Priority: At Prestige Accounting Services Group (previously Prestige Wealth Accounting Group), we measure our success by the success of our clients. We are dedicated to building long-lasting relationships, providing unparalleled service, and helping our clients thrive in today's ever-changing tax landscape.

We can't wait for you to experience the Prestige Accounting Services Group (previously Prestige Wealth Accounting Group) difference.

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Flemington Office

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Millburn Office

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Califon Office