(RIVERWOODS, ILL., August 6, 2009) – CCH has made it easier for professionals to track down and obtain location-based tax credits and incentives for their clients and is now also offering a simplified service for those who want to explore this attractive practice niche. The Tax Zone Locator is now being offered as both a simple identification service and as a full-featured, easier-to-use Tax Zone Locator Toolkit. CCH, a Wolters Kluwer business, is a leading provider of tax, accounting and audit information, software and services (CCHGroup.com).
“The Tax Zone Locator Toolkit provides everything professionals need, all in one place,” said CCH Product Manager Angela Darrow. “It’s what we used to call the Tax Zone Locator, but we have consolidated employee addresses and business addresses into one database, so now subscribers will save time by going to one location to key in addresses.”
Users launch the Tax Zone Locator Toolkit from IntelliConnect™ or the CCH Tax Research NetWork™. They simply type in the address of a business location or an employee. Employee addresses are used for California Enterprise Zones and several federal programs. The database then instantly pulls up all the federal and state tax incentives that may be available.
“It’s a complete solution,” Darrow noted. “The listing provides detailed information on how to calculate the credits and incentives as well as everything needed to file – links to forms and forms instructions for accurate filing and even contact information for the appropriate zone coordinator.”
Tax Zone Locator Identifies Credits
For professionals who simply want to see if a business or employee qualifies for a location-based incentive or credit but who don’t need information on calculating the incentives or forms or contact information, CCH now offers a simplified Tax Zone Locator at a reduced price. The Tax Zone Locator identifies applicable credits and incentives, exclusive of California Targeted Employment Areas.
“The Locator is designed for professionals who feel they have adequate resources – between the web and their own contacts – for calculating and filing and don’t need the exclusive additional time-saving information offered in the Tax Zone Locator Toolkit,” Darrow said.
The Tax Zone Locator and the Tax Zone Locator Toolkit are updated regularly so customers always have the most current information available to make informed decisions.
Due to the historical complexities of identifying the eligibility for, and calculation of, these federal, state and local incentives, generally fewer than 10 percent of taxpayers or their CPAs claim these valuable benefits.
“With the Tax Zone Locator, there is no excuse for leaving this money on the table,” adds Darrow. “These tax breaks can offer private and publicly traded businesses with a significant competitive advantage as a result of: lower effective tax rates, lower after-tax labor costs, increased tax refunds and improved cash flow, while improving the communities they operate in.”
For More Information
For more information or to subscribe to the Tax Zone Locator Toolkit or the Tax Zone Locator, call a CCH sales representative at 1-888-CCH-REPS (1-888-224-7377) or visit CCHGroup.com/taxzonelocator.
About National Tax Credit Group, LLC
The Tax Zone Locator Toolkit and Tax Zone Locator are from National Tax Credit Group, LLC (NTCG), a leading provider of comprehensive incentive tax credit and exemption address screenings for businesses throughout California and the United States. NTCG was founded by a group of leading tax experts, University Professors and former Big 4 Partners, Senior Managers and Consultants. Through the use of proprietary software, NTCG provides comprehensive, and cost-effective location-based tax incentive screening and consulting services to the financial services community.
About CCH, a Wolters Kluwer business
CCH, a Wolters Kluwer business (CCHGroup.com) is a leading provider of tax, accounting and audit information, software and services. It has served tax, accounting and business professionals since 1913. Among its market-leading products are The ProSystem fx® Suite, CCH® TeamMate, CorpSystem®, CCH® IntelliConnect™, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill.
Wolters Kluwer is a leading global information services and publishing company. The company provides products and services for professionals in the health, tax, accounting, corporate, financial services, legal, and regulatory sectors. Wolters Kluwer had 2008 annual revenues of €3.4 billion, employs approximately 20,000 people worldwide, and maintains operations in over 35 countries across Europe, North America, Asia Pacific, and Latin America. Wolters Kluwer is headquartered in Amsterdam, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Visit www.wolterskluwer.com for information about our market positions, customers, brands, and organization.