CCH Toolkit Tax Guide 2004 Helps Entrepreneurs Take Charge of Their Taxes
Bundled with Free Online Tax Prep and e-Filing via CCH CompleteTax
(RIVERWOODS, ILL., December 16, 2003) – As small business owners gear up for what could be a monumentally challenging tax season given all the changes to the tax code in the past year, the small business experts at CCH INCORPORATED, a leading provider of tax law information and software, are ready to help with the latest edition of the CCH Toolkit Tax Guide 2004.
Now in its sixth edition, the CCH Tax Guide is created specifically to help small business owners manage their taxes, prepare their 2003 tax returns and begin planning for 2004. It also includes free income tax preparation and filing with CompleteTax™ (www.completetax.com), CCH’s easy-to-use online tax return service for individuals and small business owners. The book will be available in bookstores nationwide beginning in January 2004.
"For the third consecutive year, small businesses stand to benefit from a major tax-cut package. In order to make the most of tax savings opportunities, though, they need to understand what the laws are, how they apply and when they take effect," said Drew Snider, publisher of CCH Toolkit Tax Guide 2004.
The Entrepreneur’s Best Tax Planning Information Source
CCH Toolkit Tax Guide 2004 offers clear, step-by-step explanations and tools covering all facets of tax planning and preparation, including how to:
- Claim all available business deductions;
- Decide if home-office deductions are right for you;
- Maximize overlooked deductions for auto, entertainment, healthcare and depreciation expenses;
- Address contributions to employee benefit plans and retirement plans;
- Determine eligibility for tax credits and how to claim them;
- Identify what the IRS looks for in an audit and the best approach in dealing with IRS inquiries; and
- Determine the best form of business organization and tax implications for those entities.
The Tax Guide also provides a thorough analysis of individual and family income tax issues, including detailed sections on estates, retirement and education designed to help entrepreneurs address current tax issues and plan for the future.
Clear Detail on the Most Complex Tax Topics
With rules phasing in and out various tax laws, it becomes more important than ever to keep straight which credits, deductions and other tax savings are available and when. However, it’s also increasingly complex.
"Mid-year tax law changes regarding first-year depreciation of certain property and capital gain tax rates are among the dozens of items that could potentially allow small business owners to significantly reduce their tax obligations, but they need to know what to look for and what it means," said Paul Gada, author of the CCH Toolkit Tax Guide 2004.
The CCH Tax Guide helps to diminish this complexity using clear language to help entrepreneurs through the tax maze as well as hundreds of tips, examples, charts and tables to equip them with the information they need to make informed decisions that best meet their particular situation.
Combining Print with Online
Purchasers of the CCH Toolkit Tax Guide 2004 will be able to both prepare and electronically file a federal and a state income tax return at no additional charge via CCH CompleteTax (www.completetax.com).
The same team of tax, financial planning and small business experts who have produced CCH Toolkit Tax Guide 2004 also are responsible for developing the acclaimed online service for small businesses, CCH Business Owner's Toolkit (www.toolkit.cch.com), which includes the helpful "Ask Alice" advice column feature.
The CCH Financial Planning Toolkit site (www.finance.cch.com) also provides individuals with year-round access to financial planning information on topics like retirement, estate planning and investing as well as more tax guidance.
Pricing and Availability
CCH Toolkit Tax Guide 2004 (ISBN 0-8080-0950-8) is available in major retail and online bookstores (Barnes and Noble, Borders, amazon.com) nationwide; via the CCH Business Owner’s Toolkit bookstore (www.toolkit.cch.com) or by calling 1-800-248-3248. The 432-page soft-cover book sells for $17.95, plus applicable shipping, handling and tax.
About CCH INCORPORATED
CCH INCORPORATED, headquartered in Riverwoods, Ill., was founded in 1913 and has served more than four generations of business professionals and their clients. The company produces more than 700 electronic and print products for the tax, accounting, legal, securities and small business markets. CCH is a Wolters Kluwer company. The CCH web site can be accessed at cch.com.
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EDITORS’ NOTE: For a complimentary editorial review copy of CCH Toolkit Tax Guide 2004, members of the press can contact Mary Jung at 773-429-0940 / firstname.lastname@example.org; or Leslie Bonacum at 847-267-7153 / email@example.com.