CCH Canadian Limited

CCH Canadian Limited

July 13, 2011 10:10 ET

CCH-ProSystem fx Tax Earns High Marks for U.S. Tax E-filing Accuracy

RIVERWOODS, ILLINOIS--(Marketwire - July 13, 2011) - After achieving its strongest e-filing U.S. tax season to date with more than 11 million tax returns transmitted through its ProSystem fx® Tax and Globalfx® Tax compliance solutions, CCH has earned a 97-percent electronic acceptance rate for federal 1040 individual tax returns and a 98-percent electronic acceptance rate for federal business tax returns, according to the U.S. Internal Revenue Service (IRS) Software Error Reject Code Report. CCH, a Wolters Kluwer business is the leading global provider of tax, accounting and audit information, software and services (www.CCHGroup.com).

"CCH is committed to bringing customers the very best tax solutions that are unmatched in efficiency, accuracy and completeness. Our ultimate priority is to ensure that all returns are processed and e-filed responsibly and accurately through ProSystem fx Tax and Global fx," said Joe Bergera, CCH Executive Vice President & General Manager, Tax. "These impressive acceptance ratings show that we are delivering on that commitment."

For the 2010 income tax filing season, CCH's electronic filing platform was relied upon by thousands of CPA firms to electronically transmit more than 11 million state and federal tax returns. At times, the CCH electronic filing platform transmitted nearly 100,000 tax returns an hour, and on April 18, the tax filing deadline date, the CCH platform transmitted nearly 1 million tax returns. In addition, CCH's electronic filing system reported an availability rating in excess of 99.995 percent – the availability level required of a tier 4 data center.

About ProSystem fx Tax and Global fx

ProSystem fx® Tax is the award-winning tax compliance and preparation solution. It has thousands of automatically calculating forms and schedules for federal, state, county and city, which speeds professionals through the return process as data is shared across documents. This shaves days, if not weeks, off a CPA firm's tax preparation process. ProSystem fx Tax is available as a server-based solution or in an online platform, known as Global fx, allowing firms to enjoy the security and freedom of having CCH securely host the files. www.cch.ca/prosystemfxtax

About CCH, a Wolters Kluwer business

CCH, a Wolters Kluwer business (www.CCHGroup.com) is the 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®, IntelliConnect®, Accounting Research Manager® and the U.S. Master Tax Guide®. CCH is based in Riverwoods, Ill. 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.

About CCH Canadian Limited www.cch.ca

CCH is Canada's premier provider of authoritative compliance tools, research and practice materials for accounting, legal and business professionals. CCH Canadian produces software and information products that help customers take command of complex regulatory issues in tax, accounting, law, financial planning and human resources.

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