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New CCH Fiscal Cliff Estimator Now Available on IntelliConnect, CCH Mobile: Know the Impact of Potential Tax Decisions Before They Happen

(RIVERWOODS, ILL., December 18, 2012) – CCH has introduced a powerful new tool helping taxpayers and their advisors stay a step ahead of fiscal cliff negotiations in Congress: the CCH 2013 Fiscal Cliff Estimator. The tool provides a distinct tax planning advantage by comparing a taxpayer’s 2012 tax liability against various pending tax packages currently being debated – including the latest tax proposals from the White House and Congress, the potential full extension of the Bush-era tax cuts, as well as their possible expiration at the end of the year. The tool is available via the CCH IntelliConnect® research platform as well as CCH Mobile™.

“While everyone waits for news on fiscal cliff negotiations, CCH’s new Fiscal Cliff Estimator tool helps cut through all the uncertainty to paint a clearer picture of how certain scenarios may affect their tax returns,” said Cindy Kaplan, CCH Product Marketing Manager. “The Estimator is fully integrated with CCH’s latest projection and estimate data. It enables professionals to provide a tax planning advantage for their clients and also empowers individual taxpayers with an upper hand on research for planning ahead.”

How it Works

The Estimator comparison tool allows users to enter taxable income, capital gains, and dividend income figures, and then select one or more of the three major plans to compare against the current 2012 tax scheme. It then provides estimated income tax figures with extensive details of each plan based on personalized inputs. The tool also organizes all the major tax topics currently on the negotiation table in a simple, easy-to-use layout.

Each tax scenario projection is also linked to CCH Tax Briefings that outline tax policies and tax planning considerations. CCH Tax Briefings explain and analyze potential tax policy impacts as well as provide summaries and comments on tax planning strategies – depending on the final outcome of fiscal cliff negotiations. Seamless content integration offers a convenient way to consolidate various scenarios – providing quick insight on tax strategies for practitioners and taxpayers who prefer to prepare their own returns.

For More Information

To learn more about CCH IntelliConnect, please visit CCHGroup.com/IntelliConnect and more information on CCH Mobile can be found by clicking here.

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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