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1040 Express Answers From CCH Speeds Preparers Through Tax Returns
(RIVERWOODS, ILL., October 27, 2004) – Tax preparers will be able to speed through tax season confidently with concise and reliable answers at their fingertips with the all-new 1040 Express Answers from CCH Tax and Accounting (CCH), a leading provider of tax and accounting information, software and services and a Wolters Kluwer company.
1040 Express Answers is a spiral-bound quick reference guide designed to help practitioners prepare 1040 tax returns easily and accurately. With its form-oriented organization, finding answers to even the most daunting 1040 questions during crunch time is a snap.
"We’ve condensed and effectively formatted the information that practitioners need most to prepare a 1040 return and answer client questions into a highly accessible, cost-effective, easy-to-use desktop resource," said Elice Webster, product manager for CCH.
Organized Around Forms
The forms-oriented organization of 1040 Express Answers provides practical answers the way tax preparers work – line-by-line, right down the return. A two-color format makes finding information easy and fast, while plain-English guidance makes the complex rules (and exceptions to the rules) easy to understand and apply.
New rules and form changes are highlighted so preparers can help clients maximize late-breaking tax-saving opportunities and avoid pitfalls. At-a-glance charts and tables summarize important concepts, facts and figures to save time when it’s needed most. Quick-reference icons identify Cautions, Examples, Planning Pointers and Gray Areas that alert users to must-know information.
A special section on the AMT provides answers to figuring the tax that applies to an increasing number of taxpayers, while a section devoted to practice tools gives useful information in a manner that will help preparers illustrate and explain important rules, planning ideas and options to clients. Throughout 1040 Express Answers, references to CCH U.S. Master Tax Guide paragraphs direct practitioners to additional information on each topic.
In order, 1040 Express Answers deals with:
- Form 1040
- Schedules A and B
- Schedules C and F
- Schedule D / Form 4797
- Schedule E / PALs / At-Risk Rules
- Form 2106
- Form 4562 / Depreciation
- Autos / Listed Property
- Schedule SE / Social Security / Retirement Distributions
- Tax Credits / AMT
- Estimated Payments / Penalties / Amended Returns
- Tax Payer Representation Issues / Filings
- Family / Education
- Death / Estate Planning
- State Tax Information
- 2004 Developments / Practice Tools / Planning
- Tax Tables
Practice Tools include:
- Where to File Form 1040 and 1040-ES
- Common donated items and suggested Fair Market Values for deduction purposes
- Taxpayer Interview Form
- Tax Planning Checkup
- Should I Buy or Lease My Car?
- Determining Business Versus Hobby
- Retirement Plan Comparisons and more.
For More Information
For more information or to order 1040 Express Answers, call 1-888-CCH-REPS (1-888-224-7377) or visit Tax.CCHGroup.com/1040. Single copy price is $35. Quantity discounts are available.
About CCH Tax and Accounting
CCH Tax and Accounting (www.tax.cchgroup.com), based in Riverwoods, Ill., is a leading provider of tax, audit, and accounting information, software and services. It has served tax, accounting and business professionals and their clients since 1913. Among its market leading products are The ProSystem fx® Office, CCH® Tax Research NetWork™, Accounting Research Manager™ and the U.S. Master Tax Guide®. CCH Tax and Accounting is a Wolters Kluwer company (www.wolterskluwer.com). Wolters Kluwer is a leading multinational publisher and information services company. Wolters Kluwer has annual revenues (2003) of €3.4 billion, employs approximately 18,750 people worldwide and maintains operations across Europe, North America and Asia Pacific. Wolters Kluwer is headquartered in Amsterdam, the Netherlands.
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