CCH OFFERS TAX ASSISTANT FOR CLOSELY HELD CORPORATIONS

(RIVERWOODS, IL, April 10, 1996) - CCH INCORPORATED (CCH) said today it
will offer CCH Tax Assistant for Closely Held Corporations, a new addition
to its popular line of Windows-based practice system software. CCH Tax
Assistant for Closely Held Corporations combines powerful research,
planning, analysis and compliance tools to guide the tax professional
through a broad range of federal and state tax issues spanning the life
cycle of a closely held company, from formation to liquidation.

As is the hallmark of CCH practice system software, CCH Tax Assistant for
Closely Held Corporations delivers comprehensive research and analysis
while it automates work flow with checklists, worksheets, client memos,
research documents, and question and answer sessions that identify key
issues of importance to the closely-held corporation.

Primary topics covered in CCH Tax Assistant for Closely Held Corporations
include: when the closely held corporation should be used, incorporation,
accounting periods and methods, alternative minimum tax, penalty taxes,
corporation and shareholder transactions, fringe benefits, distributions,
liquidations and state laws on closely held corporations.

CCH Tax Assistant for Closely Held Corporations accurately performs complex
computations to produce documents such as intra-period estimated tax
worksheets, accumulated earning worksheets and related party attribution
schedules. In addition, the software creates more than 60 client-specific,
billable documents, including IRS forms, election statements and research
memos.

"Professionals save time and ensure the accuracy of their results by
researching and automating document preparation with Tax Assistant
software," said Geoff Huckleberry, CCH product manager. "Accounting
practitioners who tested the software estimated time-consuming processes
relating to closely held corporations could be reduced by up to 50
percent."

As with all CCH practice systems, Tax Assistant for Closely Held
Corporations provides "Smart Links" that allow for seamless integration
between CCH's other electronic products. Users may link to relevant Code
and Regulations in CCH's CD-ROM publications and CCH online service,
including Standard Federal Tax Reports, CCHR Smart TaxR, CCHR FTG EdgeR
and CCH Pension and Welfare Benefits Library.

Specifications

Tax Assistant for Closely Held Corporations 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. HP Laserjetc or equivalent printer is
recommended.

Updated quarterly or more frequently if needed, CCH Tax Assistant for
Closely Held Corporations 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.

Tax Assistant for Closely Held Corporations joins CCH's practice system
series, a new generation of accounting and compliance products introduced
by the company in 1994. Other Tax Assistant products, available in both
DOS and Windows, include Tax Assistant for S Corporations, Tax Assistant
for Partnerships, Tax Assistant for Limited Liability Companies (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.

About CCH INCORPORATED

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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