NEW YORK--(BUSINESS WIRE)--Wolters Kluwer Tax & Accounting today announced a gratuitous service agreement with the military to provide TaxWise Online 2016 software to volunteer tax preparers located at US military installations around the world. The Internal Revenue Service’s Volunteer Income Tax Assistance (VITA) Program, through the Armed Forces Tax Council, oversees military tax programs and provides free tax assistance to members of the US Army, Air Force, Navy, Marine Corps and Coast Guard and their families.
“This announcement is a strong testament to the commitment Wolters Kluwer makes to working with non-profit and volunteer professional tax preparers, who collectively provide an invaluable service to millions of American taxpayers annually,” said Julie Peck, Executive Vice President & General Manager, Tax & Accounting North America, US Small Firm Professional.
“Although my comments do not in any way imply federal endorsement of any commercial products or services, I would like to thank the Internal Revenue Service and Wolters Kluwer Tax & Accounting for providing military tax centers with free tax preparation software to facilitate the efficient preparation of military tax returns,” said Samuel Kan, Executive Director of the Armed Forces Tax Council. “Our military members and their families will be able to save a considerable amount of money by visiting our free military VITA tax centers across the world, rather than paying for tax preparation services that could easily cost hundreds of dollars per tax return.”
TaxWise Online 2016 is a secure, cloud-based professional tax preparation software solution that offers an intuitive interface, a comprehensive library of individual and business return forms in both English and Spanish, and powerful calculations that handle complex tax scenarios. The software also features important functionalities, such as return status and reports and client letters, to assist volunteer preparers in best serving their clients.
“We are proud to support our military and their volunteer tax preparation sites at US military installations across the globe. TaxWise Online 2016 will be a powerful tool for these volunteer preparers to efficiently process and optimize the tax returns of our servicemen and women and their dependents this filing season,” said Shannon Bond, Vice President of Commercial Services for Wolters Kluwer Tax & Accounting, US Small Firm Professional.
To learn more about TaxWise Online 2016 and the full suite of solutions for small tax and accounting businesses from Wolters Kluwer Tax & Accounting, visit cchsfs.com.
About Wolters Kluwer Tax & Accounting
Wolters Kluwer Tax & Accounting is a leading provider of software solutions and local expertise that helps tax, accounting, and audit professionals research and navigate complex regulations, comply with legislation, manage their businesses and advise clients with speed, accuracy and efficiency.
Wolters Kluwer Tax & Accounting is part of Wolters Kluwer N.V. (AEX: WKL), a global leader in information services and solutions for professionals in the health, tax and accounting, risk and compliance, finance and legal sectors. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with specialized technology and services.
Wolters Kluwer reported 2015 annual revenues of €4.2 billion. The company, headquartered in Alphen aan den Rijn, the Netherlands, serves customers in over 180 countries, maintains operations in over 40 countries and employs 19,000 people worldwide.
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 program. The ADRs are traded on the over-the-counter market in the US (WTKWY).
