During this week’s CCH Connections: User Conference in Tampa, Florida, Wolters Kluwer Tax & Accounting announced that with its newest release of CCH Axcess™ iQ, users can now quickly identify and notify clients when they are impacted by evolving federal and state legislative changes, explain how those changes will impact their tax returns and their tax savings, and provide strategic advice and recommend next steps.
Tax Pros Say Responding to Evolving Legislation Is a Top Challenge: CCH Axcess iQ Can Help
Tax and accounting firm professionals who participated in the Wolters Kluwer annual industry trends survey indicated that responding to constantly evolving federal and state legislative changes was among the top three challenges they faced in the last year. Respondents also reported that expanding revenue and adding advisory services are among their top goals. The new functionality available in CCH Axcess iQ directly addresses each of those challenges and opportunities:
- The knowledge provided through CCH Axcess iQ predictive intelligence helps firms create opportunities to drive additional revenue through the delivery of higher-value advisory services
- With a quick glance at the CCH Axcess iQ dashboard, users can identify specific CCH Axcess™ Tax clients who are affected by hundreds of federal and state legislation changes
- Users can then leverage automatically generated communications to engage and strengthen relationships with clients by offering strategic advice and recommended next steps
Nate Brown, Vice President, Firm Management, Wolters Kluwer Tax & Accounting North America, said:
“With the accelerating pace of regulatory change, keeping up with evolving tax codes can feel like a full-time job. For firms that serve clients in multiple states, it can feel impossible to stay current. CCH Axcess iQ turns that challenge into an opportunity by proactively notifying firms when specific clients have been impacted by a state or federal tax change. Tax professionals can then focus their time and expertise on strengthening client relationships and expanding revenue – by advising clients how to best address the evolving tax code changes that are most likely to impact them.”
Current or prospective customers who want to learn more about CCH Axcess iQ can register for a live demonstration and sign up to receive the latest news about CCH Axcess iQ.
About Wolters Kluwer
Wolters Kluwer (WKL) is a global leader in professional information, software solutions, and services for the healthcare; tax and accounting; governance, risk and compliance; and legal and regulatory sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with advanced technology and services.
Wolters Kluwer reported 2021 annual revenues of €4.8 billion. The group serves customers in over 180 countries, maintains operations in over 40 countries, and employs around 19,800 people worldwide. The company is headquartered in Alphen aan den Rijn, the Netherlands.
Wolters Kluwer shares are listed on Euronext Amsterdam (WKL) and are included in the AEX and Euronext 100 indices. Wolters Kluwer has a sponsored Level 1 American Depositary Receipt (ADR) program. The ADRs are traded on the over-the-counter market in the U.S. (WTKWY).
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