CCH EXPANDS POPULAR PRACTICE SYSTEMS SOFTWARE LINE WITH TAX ASSISTANT FOR
LIMITED LIABILITY COMPANIES

(RIVERWOODS, IL, April 10, 1996) - CCH INCORPORATED (CCH) announced today
it is adding CCH Tax Assistant for Limited Liability Companies to its line
of WindowsR-based practice system software. CCH Tax Assistant for Limited
Liability Companies combines research, planning, analysis and compliance
features that guide the tax professional through tax issues for limited
liability companies (LLC), from formation and conversion, to accounting
methods and estate planning.

CCH Tax Assistant for Limited Liability Companies delivers fast, accurate
and comprehensive federal and multi-state research and analysis, automates
work flow and identifies key issues for this newer form of tax entity.

Primary topics covered in CCH Tax Assistant for Limited Liability Companies
include: when the limited liability company status should be used, LLC
formation, LLC conversion, accounting methods, self- employment tax,
estate planning and state law.

CCH Tax Assistant for Limited Liability Companies accurately calculates
complex computations to produce worksheets and documents relating to a
wide range of topics and issues, such as profit and loss interest and
capital account statements, members' interests in an LLC versus
predecessor partnerships, tax savings, conversion gain and gift tracking
worksheets. In addition, the software creates more than 20 client-specific
documents, including sample operating agreements, state law summaries and
survey results, memoranda discussing valuation and transfer of LLCs, and
IRS forms.

"Limited liability companies are new for many tax professionals, with most
states authorizing LLCs only in recent years," said Geoff Huckleberry, CCH
product manager. "CCH Tax Assistant for Limited Liability Companies
ensures a sound knowledge of the entity and efficiently supports the
related research and planning activities and client communications."

As with all CCH practice systems, CCH Tax Assistant for Limited Liability
Companies allows for seamless integration with CCH's federal tax
publications on CD-ROM and online service, enabling the professional to
quickly conduct additional tax research with just a few keystrokes. It has
"Smart Links" to relevant state laws, federal regulations and annotations
on CCHR Entity PlusTM, Standard Federal Tax Reports, CCHR Smart TaxTM,
CCHR FTG EdgeTM and CCH Pension and Welfare Benefits Library.

Specifications

CCH Tax Assistant for Limited Liability Companies is available in Windows
format on computer disks. All CCH Tax Assistant software in Windows
require an IBM compatible PC, 386 or higher microprocessor, Microsoft
Windows 3.1 or higher and four MB of RAM. An HP Laserjetc or equivalent
printer is recommended.

Pricing

Updated quarterly or more frequently if needed, CCH Tax Assistant for
Limited Liability Companies is available through April 30, 1996 for an
introductory price of $545 for a one year subscription and $445 per year
for a two year subscription. Regular subscription price is $595 and $495
per year for one and two year subscriptions, respectively.

CCH Tax Assistant for Limited Liability Companies joins the company's
practice system series, a new generation of accounting and compliance
products introduced by the company in 1994. Other Tax Assistant products
for Windows and DOS include Tax Assistant for S Corporations, Tax
Assistant for Partnerships, Tax Assistant for Closely Held Corporations
(Windows only), Tax Assistant for IRS Collections, Tax Assistant for
Business Deductions, Tax Assistant for Federal Elections and Tax Assistant
for Multi-State Corporate Income Tax.

Headquartered in Riverwoods, Ill., CCH is a leading provider of tax and
business law information, software and services. The company offers more
than 600 CD-ROM, print and electronic products for accounting, legal,
securities, human resources and health care professionals. CCH is a
wholly-owned subsidiary of Wolters Kluwer USA.
 
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