Wolters Kluwer N V Stock Price, News & Analysis

Wolters Kluwer Tax & Accounting has announced that SurePrep has joined the CCH Axcess™ Marketplace program. This partnership aims to enhance integrations for tax and accounting firms, facilitating automation and efficiency. SurePrep, a leader in tax automation, supports over 23,000 tax professionals. The collaboration is expected to deliver significant benefits by providing firms with advanced technology options to streamline their operations and better serve clients.

Broadridge Financial Solutions (NYSE: BR) has entered a strategic alliance with Wolters Kluwer Compliance Solutions to enhance tax reporting solutions. The collaboration integrates the GainsKeeper cost basis solution with Broadridge's Brokerage Processing Services, streamlining tax data management for clients. GainsKeeper processes over 60 million accounts and supports digital assets reporting. This partnership aims to provide financial firms with reliable tools to comply with regulatory standards and optimize their operations amidst evolving market demands.

Wolters Kluwer's Governance, Risk & Compliance (GRC) division has achieved significant recognition, winning multiple accolades as a top employer. These awards include Global Legal Technology Employer of the Year and Global Financial Technology Employer of the Year, awarded by Corporate Vision. GRC was also acknowledged in the Top Workplaces in Minnesota survey for 2021. The awards reflect the company's commitment to employee engagement, inclusive culture, and exceptional service in legal and banking solutions. Wolters Kluwer continues to focus on compliance and risk management solutions for professionals globally.

Wolters Kluwer Tax & Accounting highlights tax implications for athletes and fans during Super Bowl LVI on February 13 in Inglewood, California.

Players may owe state taxes in California and their home states, with California's top tax rate at 13.3%. This year, players also face withholding on bonuses and endorsement income. Federal tax rates reach 37%. With the rise of sports betting, states may impose additional fees and taxes on these activities.

Wolters Kluwer, Health has introduced its Digital Health Architect, a clinical content platform aimed at enhancing telehealth experiences for providers and patients. The platform integrates trusted clinical information from UpToDate, Emmi, and Lexicomp, facilitating seamless access to evidence-based content. Key features include support for new virtual care workflows and analytics to track engagement. This innovative platform promises to reduce the maintenance burden on healthcare organizations while optimizing care delivery and improving health outcomes.

The latest episode of the EDRM podcast features insights from Wolters Kluwer ELM Solutions’ Nathan Cemenska, discussing the impact of megamatters—legal cases with over $1 million in spend—on corporate law department budgets. Notably, megamatters account for 61% of total legal spending, with a mere $1 increase in these matters raising the likelihood of increased total outside counsel spend by 89%. The insights stem from ELM's extensive LegalVIEW database, valued at over $150 billion in invoices, which aids legal teams in analyzing spending data for better cost management.