(RIVERWOODS, ILL., January 6, 2014) – The year 2013 was eventful for federal tax developments with the passage of the American Taxpayer Relief Act of 2012 (ATRA), which permanently extended the Bush-era tax cuts for all but higher-income taxpayers as well as numerous other important provisions. Important regulations and guidance were also released in 2013 relating to the Affordable Care Act (ACA and also known as “Obamacare”), including the new 3.8-percent Net Investment Income (NII) Tax and 0.9-percent Additional Medicare Tax, capitalization and repairs, the tax treatment of married same-sex couples and much more.
CCH has issued a new Tax Briefing: 2013 Tax Year-in-Review that provides an overview of key tax law developments from 2013 and their impact on taxpayers. CCH, a part of Wolters Kluwer is a leading global provider of tax, accounting and audit information, software and services (CCHGroup.com)
About CCH, a part of Wolters Kluwer
CCH, a part of Wolters Kluwer (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®, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. Follow us on Twitter @CCHMediaHelp. Wolters Kluwer (www.wolterskluwer.com) is a market-leading global information services company. Wolters Kluwer is headquartered in Alphen aan den Rijn, the Netherlands. Its shares are quoted on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices.