Get Quick Guidance on Changes Affecting 1040 Returns

Congress brought massive changes to the federal tax code in 2004, and now with tax season underway, return preparers face the challenges of dealing with those changes on 2004 tax returns. Continuing legal and regulatory developments have made this year a big one for practitioners and don’t forget that many changes from previous years’ legislation are becoming law for the 2004 returns as well. CCH’s 1040 Express Answers gives practitioners a quick look at these massive changes and how they will affect 2004 individual income tax returns. This guide is based on the 1040 and it presents the changes from all sides through the eyes of a practitioner preparing a client’s tax return and the related schedules.  We are also offering Focus on Tax readers some quick-reference tools from this volume that will come in handy in preparing 1040s.

* * * * *

This story is from the CCH’s monthly Focus on Tax newsletter, which provides advise and guidance on federal and state tax issues for tax and accounting professionals.

Read this article from CCH’s Journal of Taxation of Financial Products.

AUTHOR

Wolters Kluwer Tax and Accounting

Wolters Kluwer Tax and Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency. Wolters Kluwer Tax and Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services. Wolters Kluwer reported 2016 annual revenues of €4.3 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide. Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) 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).

All stories by: Wolters Kluwer Tax and Accounting