Tax & Accounting September 18, 2023

Wolters Kluwer launches new capabilities for CCH iFirm® Taxprep

New modules for CCH iFirm® Taxprep to offer enhanced capabilities delivering comprehensive solutions for tax and accounting firms of all sizes across Canada

Wolters Kluwer, a global leader in professional information, software solutions, and services, has unveiled new capabilities for CCH iFirm® Taxprep, the only cloud-based tax compliance solution in Canada, designed to meet the needs of tax and accounting firms of all sizes.

CCH iFirm® Taxprep is one of Canada's most advanced lines of professional tax preparation software, relied on by top accounting firms, as well as thousands of local firms, small practitioners, and corporations. Supported by industry-leading customer service, tax and technical support professionals, CCH iFirm Taxprep gives tax and accounting firms the tools they need to increase profitability and offer clients value-added services – during tax season and beyond.

This new suite of services offers three distinct packages to give tax professionals the flexibility to choose the tools that best meet their needs and their clients' needs:

CCH iFirm Taxprep Essentials - designed for firms with a straightforward tax preparation workflow.

CCH iFirm Taxprep Advanced - offers firms all features of the CCH iFirm Essentials package, plus support for multiple preparers, and efficiency drivers, including T2 data coupling, custom filters and diagnostics, and a consolidated data review and planner mode.

CCH iFirm Taxprep Pro - builds on CCH iFirm Taxprep and the Advanced package, offering a rich feature set that supports complex tax preparation and sophisticated workflow needs. This solution maximizes productivity to better manage high-volume return preparation.

Wolters Kluwer is proud to be on the leading edge of cloud-based solutions that drive critical outcomes for our customers and the clients they serve. The launch of these new CCH iFirm Taxprep modules shows how committed we are to supporting firms of all sizes and at all stages across Canada with innovative solutions that boost efficiency and help firms grow their tax business.
Dean Sonderegger, Senior Vice President and General Manager for Wolters Kluwer Tax & Accounting (TAA) Canada

CCH iFirm Taxprep includes a user-friendly interface and intuitive workflow tools that assist firms in providing tax compliance and planning services from anywhere at any time. With robust calculations and over 9,000 built-in diagnostics providing unmatched reliability, CCH iFirm Taxprep boasts an industry leading e-file acceptance rate of 98% and its cloud and on-premises versions are used by all of the 30 largest firms in Canada.

CCH iFirm Taxprep Essentials, which is now available to purchase on the Wolters Kluwer TAA eStore, also has the flexibility to accommodate increasing demands with its additional integrated modules and tools that cater to the needs of a growing practice, making it a valuable long-term solution.

Wolters Kluwer TAA enables tax and accounting professionals and businesses of all sizes to drive productivity, navigate change, and deliver better outcomes.

About Wolters Kluwer

Wolters Kluwer (EURONEXT: WKL) is a global leader in information, software solutions and services for professionals in healthcare; tax and accounting; financial and corporate compliance; legal and regulatory; corporate performance and ESG. We help our customers make critical decisions every day by providing expert solutions that combine deep domain knowledge with technology and services.

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