Through an alliance with CCH, the new Intacct service will enable CPAs to save hundreds of hours during the hectic tax preparation season - and thereby reduce client fees - by electronically transferring their clients' revenue, expense, and other tax information to CCH's ProSystem fx Tax software. By selecting a tax preparation tab from within the Intacct accounting solution, clients' tax information is automatically customized and downloaded to meet the specific requirements of CCH ProSystem fx. With this automated feature, CPAs can reduce hours-per-client spent entering tax-related accounting data into ProSystem fx Tax.

CCH ProSystem fx Tax is the leading tax preparation software among the nation's 40,000 CPA firms. The new Intacct/CCH service, a part of Intacct's E-Practice offering, will be available as a free upgrade to Intacct users prior to the year-end tax rush.

"To meet the needs of CPAs, web-based services must be able to reduce their workload during tax season, when the resources of every CPA firm are especially put to the test," said David Thomas, CEO of Intacct. "Intacct's alliance with CCH effectively eliminates one of tax time's most unproductive and labor-intensive chores."

"Accuracy and efficiency are two important cornerstones of ProSystem fx Tax," said Arthur Ruzzano, vice president of sales and marketing, CCH Tax Compliance. "Partnering with complimentary industry vendors such as Intacct provides our customers with new alternatives to work more productively to the benefit of their clients."

The Intacct/CCH alliance is the latest of several strategic alliances that integrate key services into Intacct's core accounting offering. The alliances enable Intacct subscribers to take advantage of the benefits of the web for such tasks as: online auditing, professional billing, expense reporting, payroll, and human resource services.

Because Intacct is entirely web-based, integration with other web-based services is facilitated through the eXtensible Markup Language (XML). Deeper levels of integration are possible through co-development ventures, such as Intacct's joint development agreement with Deloitte & Touche, to offer the industry's first web-based auditing tool.