COMPLETETAX™ Online Tax Prep & E-filing Ready For The New Tax Season

(RIVERWOODS, ILL., January 15, 2002) – CCH INCORPORATED (CCH), a leading provider of tax law information and software, announced today that CompleteTax (www.completetax.com), its low-cost, online tax preparation and filing service, is now fully enabled to help taxpayers prepare and e-file their 2001 tax returns. The IRS has begun accepting electronic filings for the tax season and those using CompleteTax will be able to quickly complete and file both a federal and state tax return for just $17.95 combined.

Comprehensive and Easy to Use – Developed by the CCH tax experts who developed and offer the market-leading professional tax preparation software, ProSystem fx, CompleteTax is among the most comprehensive online solutions for preparing and filing tax returns, from simple 1040s to more complex returns common for small business owners or individuals with special tax situations.

Fully Web-Enabled, IBM and Macintosh Compatible – Taxpayers can complete their entire return online from any IBM or Mac computer with Internet access without having to download any software

Customized Tax Organizer – CompleteTax’s online organizer customizes itself based on responses to simple interview questions, filers need only enter information that is relevant for their specific tax return.

Print and Mail or E-file Returns – CompleteTax is an IRS e-file partner and can electronically file returns with the IRS as well as all 42 states that allow electronic filing. Taxpayers who prefer to file a paper copy of their returns can print them from CompleteTax.

Fast Refunds – Taxpayers using CompleteTax’s electronic filing and automatic direct deposit option can get their refunds twice as fast as they would if they’d mailed their return. Those owing money who file electronically also can pay the balance due on their federal and select state taxes via direct payment from their bank account.

Refund Anticipation Loans – CompleteTax users who expect to receive a federal income tax refund may apply online for a refund anticipation loan for just $29.95. If approved, they will receive their loans just a few days after the IRS accepts their electronic returns.

Dynamic Tax Help Resources – Leveraging CCH’s 88 years of experience in explaining tax rules and regulations, CompleteTax provides filers an easy to understand, fully searchable online tax reference library, as well as a tax calendar, glossary of terms and tax news, including issues new this year. Also provided are tax tools such as worksheets, tables and forms and planning calculators to help filers accurately complete their tax returns.

Specialized Small Business Support – Small business owners who purchase CCH’s Business Owner’s Toolkit Tax Guide 2002™ print reference (available online at toolkit.cch.com and through major booksellers) also will be able to file both a federal and a state return through CompleteTax at no charge.

Safety and Security – Each filer’s tax return information is password-protected on secured servers and tax return information is encrypted using Secured Socket Layer protocol, a widely recognized Internet security standard.

Product Availability and Pricing – CompleteTax is available immediately at completetax.com. The total cost for preparing, calculating and filing both the federal and the state (if allowable by the state) returns is just $17.95. Taxpayers are charged only when their return is complete and they’re ready to either print and mail or electronically file their return.

CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, legal, securities, insurance, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer North America. The CCH web site can be accessed at cch.com. The CCH tax and accounting web site can be accessed at tax.cchgroup.