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CCH Issues New Post-election Tax Briefing Examining Issues, Deadlines, Tough Tax Policy Negotiations
(RIVERWOODS, ILL., November 8, 2012) – With President Obama’s re-election now in the books, the picture for future tax policy influence from the White House is clear – but the clock has started for Democrats and Republicans to hammer out agreements on several time-sensitive tax issues to avoid “the fiscal cliff” and lay a foundation for long-term tax reform. CCH has released a new Tax Briefing entitled, Post-Election Tax Policy that clearly examines each of the significant tax issues, potential impacts on taxpayers and looming deadlines on the horizon. CCH, a Wolters Kluwer business is a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com).
“The table is now set for Congress to make critical decisions on the fate of the Bush-era tax cuts, around $100 billion in automatic spending cuts in 2013 and dozens of expiring tax extenders, including the alternative minimum tax (AMT) patch benefitting tens-of-millions of taxpayers,” said CCH Principal Federal Tax Analyst, Mark Luscombe, JD, LLM, CPA. “With less than two months before end-of-year deadlines trigger action that may significantly impact taxpayers and our entire economy, lawmakers have a very tight window of time to settle longstanding differences.”
The new Tax Briefing is available by clicking here: Post-Election Tax Policy. You may also visit CCHGroup.com/Legislation to access the full range of CCH Special Briefings on significant tax developments.
Members of the press interested in speaking to a CCH tax analyst should contact Eric Scott at 847-267-2179, eric.scott@wolterskluwer.com or Brenda Au at 847-267-2046, brenda.au@wolterskluwer.com.
About CCH, a Wolters Kluwer business
CCH, a Wolters Kluwer business (CCHGroup.com) is the leading global provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading solutions are The ProSystem fx® Suite, CorpSystem®, CCH® IntelliConnect®, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Follow us now on Twitter @CCHMediaHelp. Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.
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