CCH Taxessentials Delivers Critical Tax Information, Value On The Web For Small Firms, General Practitioners, Enrolled Agents

(RIVERWOODS, ILL., October 7, 1999) – CCH INCORPORATED (CCH), a leading provider of tax and business law information has introduced CCH ®TaxEssentials™, a new Internet-based research and productivity product designed to meet the special desktop needs of small firms, enrolled agents and the general tax practitioner. CCH TaxEssentials is located at http://tax.cchgroup.com/taxessentials.

CCH TaxEssentials provides unlimited use of helpful analysis and explanations of federal tax topics, special coverage of tax planning, a useful collection of primary source materials, practice tools, weekly news and links to further resources, all in one affordably priced package. Performplus™ II, a comprehensive forms CD-ROM, can be added to the CCH TaxEssentials subscription for a small additional price.

"CCH TaxEssentials is designed to be a practitioner’s work center on the Internet, combining the authoritative explanations of the CCH Federal Tax Guide with specialized practice tools, primary source documents, tax news and useful links to IRS and state tax form sites," said Janeen Kopale, CCH federal and state tax marketing manager. "Add an easy-to-use layout and search capability, and an affordable price, and you’ve got an unbeatable combination for bottom-line productivity."

Easy, Powerful Searching, Trusted Content

Working with CCH TaxEssentials on the Internet, users will find that CCH’s easy-to-use searching capabilities deliver what every practitioner needs – fast answers. CCH TaxEssentials takes full advantage of CCH’s exclusive 2-step search feature that lets users target a search and type in their terms on a single screen. CCH’s exclusive Tax Thesaurus can automatically add synonyms into the user’s search, creating a more complete, targeted search.

The practitioner will find a thorough explanation of federal taxation arranged by topic in CCH TaxEssentials. The coverage comes from the CCH Federal Tax Guide, used by generations of tax professionals as their resource of choice. Individual and business tax issues, sales and exchanges, retirement plans, corporations and pass-through entities, tax procedure, international taxation, excise taxes, exempt organizations and estate and gift taxes are all discussed.

Tax Planning and Practice

CCH TaxEssentials also includes in-depth coverage of specialized topics that frequently confront practitioners. For example, explanations of the needs of specific types of taxpayers detail the special rules and planning opportunities that apply to corporate executives, investors, farmers, members of the military, clergy, older taxpayers, students, aliens, those paid by tips and their employers, salespersons and more.

A Tax Planning Guide shows the ins and outs of dozens of special situations and transactions, from choosing accounting methods to estate planning. There is also detailed coverage of practice before the IRS and the courts.

Primary Sources

CCH TaxEssentials also contains thousands of statutory and regulatory documents, as well as Internal Revenue Service issuances and court opinions. These primary source documents include:

Internal Revenue Code
IRS Regulations: Final, Temporary and Proposed
IRS Publications
Revenue Rulings and Revenue Procedures
Letter Rulings
IRS Notices and Announcements
Tax Court Regular Opinions and Tax Court Memoranda Opinions
Tax Cases (All Federal Courts)
MSSP and ISP Papers
IRS Penalties Handbook
Actions on Decisions
General Counsel’s Memos
Circular 230

Practice Tools, News, Links

Tables of tax rates, withholding tables, inflation-adjusted figures, plus checklists for tax preparation, including items of income, deductions and medical expenses, tax elections and a detailed tax calendar are all included. In addition, an extensive collection of sample client letters is a valuable source of marketing and client-service ideas.

Subscribers to CCH TaxEssentials keep up-to-date with developments in the field through a weekly web tax newsletter and have the ability to search for daily tax news highlights. Subscribers are also in touch with the IRS and state tax form sites, with onscreen links that will summon up tax forms. In addition, subscribers have links to the IRS telephone directory and CCH message board, where they can communicate with peers on tax related issues.

Forms Option Available

For practitioners looking for a complete solution, CCH is offering the perform plus II CD-ROM in conjunction with CCH TaxEssentials for a special low price. The popular perform plus II is a complete set of fill-in federal tax forms, with automatic calculation and linking between forms and tax tables.

Availability and Pricing

For more information or to subscribe to CCH TaxEssentials, call 800-449-8114. Price for a one year subscription is $495; for a subscription with the perform plus II CD-ROM, the price is $695.

About CCH INCORPORATED

CCH INCORPORATED, founded in 1913, has served four generations of business professionals and their clients. The company produces approximately 700 print and electronic products for tax, legal, securities, human resources, health care and small business markets. CCH is a wholly owned subsidiary of Wolters Kluwer U.S. The CCH web site can be accessed at www.cch.com.

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