US-based Wolter Kluwer, a provider of financial services, has announced that Microsoft Money Plus, the latest release of the popular Microsoft Money product line that helps consumers manage their finances, will include subscriptions to Wolters Kluwer Financial Services’ GainsKeeper, which offers tax-based financial tools and services to the investor community.
GainsKeeper provides automated tax-based financial tools, arms investors with accurate cost basis, gain/loss information and trade decision tools that help maximize after-tax returns. Under the arrangement, customers of Microsoft Money Plus Premium and Microsoft Money Plus Home & Business will receive a free one-year subscription to GainsKeeper, which includes 125 transactions in the customer’s GainsKeeper portfolio. Microsoft Money Deluxe users will receive a GainsKeeper subscription that includes 75 transactions for a discounted price of $19.95.
Chris Jolly, group manager of the financial products group at Microsoft, said: Microsoft Money Plus was designed to help consumers simplify the task of money management with innovative tools that take the guesswork and worry out of everyday money issues. GainsKeeper complements Microsoft Money Plus by helping individuals manage their portfolios in the most tax-efficient manner.
Chuck Ross, general manager of GainsKeeper, said: Through our integration with Microsoft Money Plus, GainsKeeper provides more investors with the tools they need to save time and alleviate the frustration of manually applying complicated tax laws and cost basis adjustments to their holdings and gain/loss reports. With year-end tax planning just around the corner, it’s an ideal time for Microsoft Money Plus customers to start accessing GainsKeeper’s tax lot accounting tools.