CCH Business Owners Toolkit Tax Guide 2000 Now Available
Bundled with Free Online Income Tax Filing, Entrepreneurs Now Have
Access to Knowledge, Reliable Tools for Year-Round Tax Needs
(Riverwoods, ILL., January 5, 2000) CCH INCORPORATED (CCH), a leading
provider of tax law information and software, today announced the availability of CCH
Business Owners Toolkit Tax Guide 2000, created specifically to help
small, single-owner businesses manage their taxes and prepare their 1999 tax returns. The
second edition of the popular reference includes free income tax preparation and filing
with CompleteTaxä , a new, easy-to-use tax return
service available exclusively through the Internet. The book is now available in
Published by CCH Business Owners Toolkit (toolkit.cch.com), a small business portal that helps entrepreneurs
start, run and grow a successful small business, Tax Guide 2000 combines CCHs
87 years of authoritative tax law expertise with the value of its long standing leadership
in tax preparation and online guidance. Purchasers of the book will receive free
preparation and filing of a federal and state tax return through CompleteTax.
"Most small business owners have very straightforward objectives when it comes to
income taxes: how to get their taxes filed correctly and on time so that they can get any
refunds theyre due or dont get hit with penalties and interest if theyre
selected for an audit," said Susan Jacksack, a tax attorney and author of CCH
Business Owners Toolkit Tax Guide 2000. "However, given the complexity and
sheer volume of tax laws and regulations, trying to carry out this objective is extremely
daunting for many entrepreneurs."
CCH Business Owners Toolkit Tax Guide 2000 provides entrepreneurs with the
authoritative information they need to accurately complete their filings, thereby
lessening the possibility of an audit. In addition, its filled with tips and
guidelines on how to minimize taxes by taking advantage of all the existing laws and
regulations available to the small business owner.
Clear and Straightforward Help for the Entrepreneur
CCH Business Owners Toolkit Tax Guide 2000 is an easy-to-understand source
designed to save small business owners time and money in preparing their federal income
tax returns. New this year is a comprehensive discussion of the relaxed home office
deductions that became effective for the 1999 tax year.
Other key topics covered in the book include:
- Getting organized and preparing taxes for the 2000 tax season;
- How not to step over the line between personal and business expenses, while still making
certain you claim all available business deductions;
- Maximizing deductions for auto, entertainment, health care and depreciation expenses
often overlooked tax-saving areas for sole proprietors;
- Handling contributions to employee benefit plans and retirement plans for the
self-employed on tax returns;
- What tax credits are available for different small businesses and how to claim these
- What the IRS looks for in an audit of business activities and the best approach in
dealing with them; and
- Determining the best form of business organization and tax implications for those
entities, from sole proprietorships, partnerships and limited liability companies to
corporations or S corporations.
Insights into Personal Tax Issues
While the primary focus of the book is on helping entrepreneurs address
business-related tax issues, CCH Business Owners Toolkit Tax Guide 2000 also
includes a complete analysis of individual and family income tax issues. A welcome relief
to many small business owners is the Guides extensive glossary providing
plain-language definitions of tax terms and straightforward descriptions often needed to
decipher IRS instructions. Also included are ready-to-use tax forms and a handy tax
calendar so that a sole proprietor has fingertip access to everything needed to complete
basic tax returns and the timelines for remembering important tax-related events.
Combining Print with Online
Purchasers of the CCH Business Owners Toolkit Tax Guide 2000 will be able
to prepare one federal and one resident state income tax return at no charge via CompleteTax.
Electronic filing of the federal return as well as a state return in one of 26 states is
also available for no charge. Additional returns can be completed and filed electronically
via CompleteTax for just $7.50 each.
"Using the Guide in conjunction with CompleteTax provides the small
business owner with both the knowledge and tools needed to carry them through the entire
tax process," said Jacksack. "The book provides in-depth understanding of key
issues entrepreneurs need to be aware of and how to ensure they take advantage of all the
deductions to which theyre entitled. Armed with this and CompleteTax, they
can review and understand their tax situation, electronically organize their tax
materials, have their return completed and have the return electronically filed with the
IRS and many state revenue agencies.
Also, book readers can rely on the experts at toolkit.cch.com to ensure they have
timely access to tax law changes throughout the year, as well as helpful guidance from Ask
Pricing and Availability
CCH Business Owners Toolkit Tax Guide 2000 (ISBN 0-8080-0378-X) is available
in major bookstores (Barnes and Noble, Borders, amazon.com) nationwide; via the CCH
Business Owners Toolkit book store (www.toolkit.cch.com), AOL keyword: CCH, CompuServe (Go CCH); or by
1 800 248 3248. The 424-page softcover book sells for $17.95, plus applicable shipping,
handling or tax.
About CCH Business Owners Toolkit
CCH Business Owners Toolkit Tax Guide 2000 is based on CCHs CCH
Business Owners Toolkit Tax Guide 1999 and is one in a series of several CCH
Business Owner's Toolkit books dedicated to helping small business owners start, run
and grow their businesses. The same team of tax, financial planning and small business
experts who have produced this book series are also responsible for developing the
acclaimed online service for small businesses, CCH Business Owners Toolkit.
About CCH INCORPORATED
CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served
four generations of business professionals and their clients. The company annually
produces more than 700 electronic and print products for the tax, legal, securities,
financial services, 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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EDITORS NOTE: For members of the press, a complimentary editorial review copy of Business
Owners Toolkit Tax Guide 2000, contact Mary Dale Walters at 847-267-2038 or firstname.lastname@example.org.