With Rules, Strategies, Expert Analysis

(RIVERWOODS, ILL., March 8, 1999) CCH INCORPORATED (CCH), a leading provider of tax and business law information, has introduced CCH 1999 Bank Tax Guide, a unique and valuable new desktop reference offering relevant rules, strategies and expert analysis on the taxation of banks and thrift institutions. The convenient, one volume reference provides expert guidance for bank controllers and financial officers, as well as CPAs and attorneys with bank practices.

Authored by Ronald W. Blasi, a noted expert in the field, CCH 1999 Bank Tax Guide tackles important banking subjects, such as applying mark-to-market rules to an institution; determining if S Corporation status is right for an institution; properly treating credit card fees, points and non-performing loans; preventing disallowance of loan origination expenses; and other day-to-day banking topics.

Beginning with a discussion of entities subject to bank tax rules, the CCH 1999 Bank Tax Guide provides thorough coverage of every aspect of bank taxation, with chapters on accounting for interest, fee and other income; discounts, points and premium; securities dealers and investors; modified debt; foreclosures; business expenses; interest expense; bad-debt deductions; and acquisitions.

Written in clear, plain-English language, the Guide contains timesaving tools such as checklists, worksheets and tables. Cross references to the Internal Revenue Code, regulations, cases and rulings are provided and, as a special feature, the recently released IRS Market Segment Specialization Program publication on commercial banking.

About the Author

Ronald W. Blasi is one of the nation's leading experts on bank taxation. He is a professor in the College of Law, Georgia State University, Atlanta. Professor Blasi has been practicing, advising and teaching in this complex area for nearly 25 years, having served as vice president in the tax department at Chemical Bank, as a tax attorney for Citibank, NA and as chairman of the American Bar Association Tax Section’s Banking Committee from 1985 to 1997. He has been a consultant and an expert witness on bank tax matters for the IRS and the New York State Legislative Tax Study Commission as well as numerous private firms.

Pricing and Availability

For more information or to order the 800-page, softcover CCH 1999 Bank Tax Guide, call 1-800-248-3248. Single copies are $175. Quantity discounts and school adoption pricing are available.


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, 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.

-- ### --

EDITORS NOTE: For a complimentary review copy of the CCH 1999 Bank Tax Guide or a photo illustration, contact: Mary Dale Walters at 847-267-2038 or mediahelp@cch.com.