Practical Tax Professional™

Practical Tax Professional is designed for the small firm tax practice that conducts its own tax research offering a practical, real-world focus on federal income tax laws. It includes numerous practical examples, sample calculations, compliance pointers, comments, planning notes and other federal tax research features to help you easily understand how critical tax principles apply.

Get your questions answered with one easy-to-use resource. Contact us today — we’ll get you there.

Formats available / Update frequency

• IntelliConnect : Updated daily and weekly. .
• Part of the Tax Professional Library

Written in an easy-to-understand language, Practical Tax Professional focuses on the tax research topics that matter most to the small firm CPA, such as individual and small business taxation, while also providing coverage of a full range of federal tax research issues. It explains tax research issues that you face often, as well as those topics and issues that you may encounter outside your every day practice.

Federal tax research topics include:

• Adjustments to gross income
• Alternative minimum tax
• Bankruptcy
• Business deductions
• Business reorganizations
• C corporations
• Compensation and benefits
• Depreciation and cost recovery
• Employment taxes
• Estate and gift taxes
• Excise taxes
• Farmers and farming
• Foreign income and transactions
• Gains and losses
• Gross income
• Income taxation of estates and trusts
• Individual and non-business deductions
• Individuals
• Partnerships and other business entities
• Property and financial transactions
• Quick tax facts
• Retirement plans
• Returns, payment and procedure
• S corporations
• Self-employment tax
• Special taxable entities
• Special taxpayers
• Tax accounting
• Tax credits
• Tax exempt organizations
• Tax practice
• Tax rates and tables
• Valuation

Planning and Practice Tools

Practical Tax Professional is loaded with a wide range of productivity tools to improve your workflow and simplify your federal tax research. You’ll get interactive coverage on a broad range of tax research topics, easy access to tax rates and tables and a variety of calculators for fast computations. Tools include:

• 22 Interactive Tax Research Aids
• Tax rates and tables
• Calculators – Business, tax preparation, financial and estate
• Interactive Tax Calendar
• Toolkits™ - Federal sales tax deduction, depreciation, election, compliance and client letter
• CCH Citator
• Per Diem and Savings Bond lookup

Federal Tax Research Journals and Updates

Stay up-to-date with the latest news, trends and topics in the tax world — with stories and primary source material integrated with your federal and state tax materials.

• CCH® Tax Tracker News™
• CCH Practical Tax Bulletin™
• State Tax Review
• Federal and State Tax Day

Federal Tax Research Primary Source Material

• Internal Revenue Code
• Federal tax regulations
• Rulings and other documents
• Letter rulings and IRS positions
• IRS publications
• Circular 230
• Tax court and federal tax cases

Federal Tax Research Legislation

• CCH Legislation Newswire
• Bills Worth Watching
• CCH Tax Briefings
• Law, Explanation and Analysis
• Blue Books
• Major Tax Acts and Reports
• Tax Bills and Reports
• Congressional Research Service Reports

Tax Research State Content

State tax research issues are a growing concern for most practices. And CCH has the practitioner-oriented state and local tax products that you need. Tax research explanations, laws, regulations, cases and rulings are integrated and allow seamless navigation from expert editorial content to primary source materials.

• State “Lite” Reporter
• MultiState Quick Answer Charts
• State Tax Review
• State Tax Day

Forms

• CCH® perform plus III™ (PPIII) provides you instant tax research access to the most current forms which can be filled out and filed with the IRS or state taxing agencies. Includes:
• Over 15,000 forms spanning income tax and sales tax across the federal, state and selected local jurisdictions.
• Instructions, schedules, IRS Publications, filing guides and client organizer are also included.
• Forms for current tax year plus two prior years.

Guides

• CCH U.S. Master Tax Guide®
• Top 10 Tax Issues
• U.S. Master™ GAAP Guide
• U.S. Master™ Depreciation Guide

Please note: Not all levels of Practical Tax Professional include all listed products.

Get your questions answered with one easy-to-use resource. Contact us today — we’ll get you there.

Formats available / Update frequency

• IntelliConnect: Updated daily and weekly.
• Part of the Tax Professional Library

CCH offers onsite and online training for all levels of professional development, including courses that earn CPE credit. Whether you’re a novice or skilled user, our expert instructors, course content and learning tools offer the tips, tricks and solid explanations you need to transform your work processes.

Available training includes on-demand or online self-study options; Web-based and onsite training; and a variety of seminars and conferences, some at a location near you.

• Practical Tax Professional/Practical Tax Expert