Tax and accounting software and products provider CCH, a Wolters Kluwer business, has agreed to acquire ATX/Kleinrock, a provider of tax preparation and research materials. The terms of the deal were not disclosed.ATX/Kleinrock, headquartered in Rockville, Md., supplies tax preparation, accounting and tax research software products to more than 48,000 tax professionals and CPAs throughout the country.
The acquisition will help CCH penetrate a market that was not suited for its ProSystem fx Tax application. It's an audience filled with preparers who work with less specialized tax returns than those who need to use ProSystem.
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