RIVERWOODS, Ill., Aug. 20, 2014 /PRNewswire/ -- Wolters
Kluwer, CCH today announced that for the 10th
consecutive year, it has been selected by the Internal Revenue
Service (IRS) to deliver comprehensive sales tax rate and
taxability tables to efficiently help millions across the country
prepare their tax returns. With access to updated information from
thousands of tax jurisdictions provided by Wolters Kluwer, CCH, tax filers may conveniently
determine whether they'll save more by deducting state and local
sales taxes they've accrued during the year instead of taking
standard or itemized tax deductions.
The figures in the tables represent an average of consumer
expenditures, according to family size and income, for every ZIP
Code in the country – saving people time from collecting and
organizing sales receipts all year long. Information is generated
from several Wolters Kluwer, CCH
workflow tools, including Sales Tax Office, the
comprehensive tax calculation system combining leading tax rate and
taxability content with jurisdiction boundary information and
sophisticated logic. Additional information also comes from the
powerful IntelliConnect® tax and accounting research
platform.
Wolters Kluwer, CCH tax data for
state and local jurisdictions also supports the IRS's online Sales
Tax Deduction Calculator – available to taxpayers for filing 2014
income tax returns. In addition, the company is also providing the
IRS with data related to the taxability rules for more than 500
Bureau of Labor Statistics spending categories.
"The opportunity to continue our decade-long partnership with
the IRS in providing superior sales tax research for the benefit of
everyone filing tax returns is truly an honor," said Renee Davis-Malott, Vice President, Sales –
Global and National Accounts for Wolters
Kluwer, CCH. "This recognition speaks volumes about our
dedication to producing innovative corporate tax information
solutions for our customers. It's a privilege to be chosen by the
IRS again to support all taxpayers and professionals nationwide in
making informed decisions."
More information on Sales Tax Office and other
Wolters Kluwer, CCH sales tax
solutions is available by visiting www.salestax.com.
About Wolters Kluwer,
CCH
Wolters Kluwer, CCH
(CCHGroup.com) is a 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, CCH Axcess™,
CCH® IntelliConnect®, CCH® IntelliConnect Direct, Accounting
Research Manager® and the U.S. Master Tax Guide®. Wolters Kluwer, CCH is based in Riverwoods, IL. Follow us on Twitter
@CCHMediaHelp.
Wolters Kluwer, CCH is part of
Wolters Kluwer
(www.wolterskluwer.com), a market-leading global information
services company. Wolters Kluwer had
2013 annual revenues of €3.6 billion ($4.7
billion), employs approximately 19,000 people worldwide, and
maintains operations in over 40 countries across Europe, North
America, Asia Pacific, and
Latin America. Wolters Kluwer is headquartered in Alphen aan
den Rijn, the Netherlands. Its
shares are listed on NYSE Euronext Amsterdam (WKL), on Bloomberg
(WKL NA) and are included in the AEX and Euronext 100 indices.
Wolters Kluwer has a sponsored Level
1 American Depositary Receipt program. The ADRs are traded on the
over-the-counter market in the U.S. (WTKWY).
SOURCE Wolters Kluwer, CCH
