Paychex Launches Online Resource Center for Accounting Professionals

ROCHESTER, N.Y.--(BUSINESS WIRE)--

As part of its ongoing commitment to the accounting community, Paychex, Inc., a leading provider of payroll and human resource services, has launched the Paychex Accountant Knowledge Center, an online resource center available on the accounting portal of www.paychex.com.

Powered by BNA and CCH, both respected leaders in tax and accounting information and research, this free and convenient Web-based tool is designed to give accountants access to authoritative payroll, human resources, and financial tools, providing accounting professionals with the power to deliver increased client value.

    The site includes features such as:

    --  current industry news feeds

    --  payroll resources that include a searchable database of
        answers to frequently asked payroll questions, and
        downloadable payroll and employment forms

    --  HR resources to provide solutions to human resources issues
        and access to interactive HR and personnel forms

    --  comprehensive state compliance resources, local wage and tax
        information, and an opt-in e-mail alert service to help users
        stay current with state regulations

    --  over 150 interactive financial calculators on everything from
        retirement plans to mortgage refinancing to debt
        consolidation.

"The Paychex Accountant Knowledge Center provides a convenient and reliable way for accountants to access information that will assist them in their role as their clients' most trusted advisor," said Walter Turek, Paychex senior vice president of sales and marketing. "It provides a single stopping point for the latest information on payroll and HR compliance, which allows for enhanced accountant-client relationships."

Since the Paychex Accountant Knowledge Center launched last month, more than 4,000 accounting professionals have registered. "I'm already recommending the Paychex Accountant Knowledge Center to other CPAs," said Michael Johnson of Johnson CPA in Denver, Colorado. "It's proven to be a very useful tool in searching for information - it's much quicker than scanning hard-copy guides and literature."

"I like the fact that the Paychex Accountant Knowledge Center monitors all payroll-related changes in tax law, and that Paychex makes them available and easy to find at no cost," said Keith Cochran, a CPA from Ringgold, Georgia.

To begin accessing all the resources available through the Paychex Accountant Knowledge Center, simply visit http://accounting.paychex.com.

Paychex is proud to be the preferred provider of payroll and retirement services for CPAs and their clients through the AICPA Business Solutions Program.

About Paychex

Paychex, Inc. (NASDAQ:PAYX) is a leading provider of payroll, human resource, and benefits outsourcing solutions for small- to medium-sized businesses. The company offers comprehensive payroll services, including payroll processing, payroll tax administration, and employee pay services, including direct deposit, check signing, and Readychex(R). Human resource services include 401(k) plan recordkeeping, health insurance, workers' compensation administration, section 125 plans, a professional employer organization, time and attendance solutions, and other administrative services for business. Paychex was founded in 1971. With headquarters in Rochester, New York, the company has more than 100 offices and serves over 561,000 payroll clients nationwide. For more information about Paychex and our products, visit www.paychex.com.

Source: Paychex, Inc.

Released December 20, 2007