CCH Small Firm Services expands its reach to smaller tax practices

CCH Small Firm Services has purchased the tax preparation software company IntelliTax, which will now be able to offer the TaxWise program to its clients.

TaxWise is used by 45,000 firms while IntelliTax offers its own program to 4,000 similar firms. These firms will be offered TaxWise to use for the 2009 tax season, and IntelliTax will be discontinued.

In a letter to tax preparers, CCH Small Firm Services (SFS) said TaxWise has been a leading software program for tax businesses with a high volume of e-filed returns, especially for those with many offices. The company lists what it views as benefits to TaxWise but also notes that the biggest advantage is its "continuing commitment to and investment in technology infrastructure."

SFS will offer businesses free orientation assistance, training programs, and a custom program to convert all their data, SFS said. Preparers will not be charged. The TaxWise special support line can be reached at 800-316-2710.

"The acquisition is great news for small tax firms that specialize in individual and business tax services for their clients," said Jeff Gramlich, president of CCH Small Firm Services (SFS). "SFS already focuses on the type of high-volume electronic filing that is so important to many IntelliTax users. In addition, TaxWise will offer them an even wider range of tax forms and features than they have now."

According to SFS, it processed and electronically filed more than 15 million tax returns this year to the IRS and state revenue agencies. And for the past 11 years, TaxWise has been the exclusive provider of tax software to more than 10,000 IRS-sponsored Volunteers in Tax Assistance (VITA) sites and IRS walk-in offices.

You may like these other stories...

Regulatory compliance, risk management and cost-cutting are the big heartburn issues for finance execs in the C-suite. Yet financial planning and analysis—a key antacid—is insufficient.That's just one of the...
Continuing its efforts to simplify accounting procedures, the FASB has issued a proposed Accounting Standards Update on customer fees paid in a cloud computing arrangement. The newly-proposed update (Intangibles—...
How are you planning? What tools do you use (or fail to use) for forecasting? PlanGuru is a business budgeting, forecasting, and performance review software company based in White Plains, N.Y. AccountingWEB recently spoke...

Already a member? log in here.

Upcoming CPE Webinars

Aug 26
This webcast will include discussions of recently issued, commonly-applicable Accounting Standards Updates for non-public, non-governmental entities.
Aug 28
Excel spreadsheets are often akin to the American Wild West, where users can input anything they want into any worksheet cell. Excel's Data Validation feature allows you to restrict user inputs to selected choices, but there are many nuances to the feature that often trip users up.
Sep 9
In this session we'll discuss the types of technologies and their uses in a small accounting firm office.
Sep 11
This webcast will include discussions of commonly-applicable Clarified Auditing Standards for audits of non-public, non-governmental entities.