The U.S. Master Tax Guide on CD contains the entire contents of CCH’s paperback U.S. Master Tax Guide on CD in convenient and powerful electronic format. This unique tool is easy to use for quick and reliable tax research and it comes complete with CCH’s special Quick Tax Facts card and bonus Top Tax Issues CPE Course.

Some of the U.S. Master Tax Guide on CD features include:

All the benefits of working in a Windows environment using CCH’s award-winning CCHWIN software—the premier electronic tool designed specifically for tax information research

a robust, yet easy-to-use search mechanism to instantly find documents containing specific words or phrases

Hypertext links to easily jump to cross-referenced information within the Guide

tax rate Lookup Calculators to quickly and easily determine tax amount and marginal rate

Text copy feature to cut and paste relevant Text from USMTG for use in client documents

Onscreen prompts and help for easy learning and use of this tool

CCH toll-free Customer Support

USMTG Quick Tax Facts Card

Top tax Issues CPE Course to help practitioners earn valuable CPE Credits

The U.S. Master Tax Guide is conveniently cross-referenced to the Internal Revenue Code, Income Tax Regulations, certain other important tax law sources, and CCH’s Standard Federal Tax Reports for further research. This reliable reference is a must for anyone involved with taxes and tax preparation.

Topics and Contents

• Highlights of New Tax Developments
• Tax Rates and Tax Tables
• Individuals
• Corporations
• S Corporations
• Partnerships
• Trusts and Estates
• Exempt Organizations
• Income
• Exclusions From Income
• Business Expenses
• Non-Business Expenses
• Losses and Bad Debt
• Depreciation, Amortization and Depletion
• Tax Credits
• Minimum Tax
• Tax Accounting
• Basis for Gain or Loss
• Sales, Exchanges and Capital Gains
• Installment Sales/Deferred Payment Sales
• Securities Transactions
• Tax Shelters/At-Risk Rules/Passive Losses
• Retirement Plans
• Corporate Acquisitions/Reorganizations
• Taxation of Foreign Activities/Taxpayers
• Returns and Payment of Tax
• Withholding and Estimated Taxes
• Examination of Returns — Collection of Tax
• Penalties and Interest
• Estate, Gift and Generation-Skipping Tax