CCH Fiscal Cliff Estimator Now Available for All Taxpayers

CCH, a Wolters Kluwer business, has released a free version of its Fiscal Cliff Estimator to allow everyone to view the possible impacts of the various tax plans currently being debated in Congress. CCH is a global provider of tax, accounting and audit information, software and services for tax, accounting and business professionals.

The Fiscal Cliff Estimator, previously only available to IntelliConnect users, compares a taxpayer’s tax liability for 2012 against the pending tax packages, such as tax proposals from the White House and Congress and the possible extension or expiration of the Bush-era tax cuts. The Estimator is available via IntelliConnect and CCH Mobile, as well as CCH’s website.

ExactCPA Comment: CCH has released a fiscal cliff estimator that allows taxpayers to analyze all the various plans being proposed in Congress.  With all the flurry of activity with the fiscal cliff negotiations over the past few days, hopefully we can keep up with all the possibilities out there.  It looks like January is going to be a busy time for practitioners as taxpayers look to understand the outcome of the fiscal cliff discussions.

If you're curious about how the various fiscal cliff scenarios could impact your tax situation, give it a shot and let us know what you think.