TRACY, Calif. (August 28, 2006) At the just-concluded IRS Tax Forum in Las Vegas, Alice Janisch, owner of Payday Tax & Accounting, St. Louis MO, won a suitcase containing $1,000 in cash – plus, of course, a Form 1099 to be included in this year's tax return.

For the fourth consecutive year, Petz Enterprises, Inc. raffled off a suitcase containing 1,000 one-dollar bills. According to Mrs.. Janisch, "This will come in handy when my husband and I celebrate our 45th wedding anniversary in September on a cruise! Many thanks to Petz Enterprises for helping make our visit to Las Vegas both memorable and profitable."

The Las Vegas IRS Tax Forum, was attended by hundreds of tax preparation professionals. Anyone who stopped by the Petz Enterprises display was eligible for the prize. No purchase was necessary.

Tax Professionals Prepare Returns Faster, Improve Services with New Internet-Based V-Tax™ and Crosslink ® from Petz Enterprises, Inc.
According to Charles Petz, Vice President for PEI's Professional Services Division, "PEI's Crosslink® line of professional tax software products is being demonstrated at the IRS Nationwide Tax Forums. This year's version features a Spanish version of the client letter to help preparers serve the rapidly growing Hispanic market. Crosslink also features support for the 1040-NR, to be completed by nonresident aliens in the United States on work visa. We have made significant modifications to the CrossLink report generator for creating custom reports, have expanded capabilities to prepare city tax returns, where required."

PEI's V-Tax™ upgraded for 2006/07, RAL checks now written instantly
V-Tax, ™ is the world's first online software designed exclusively for professional tax preparers serving large numbers of individuals from multiple locations.

"V-Tax is fully hosted, rather than an Application Service Provider (ASP), with all data stored at a central, secure server in Tracy, California. There is no risk of client data being lost or compromised if an office is broken into, or destroyed through flood, hurricane, or similar catastrophe," explained Mr. Petz.

"In addition to the inherent speed and ease of use offered by the Internet," he continued, "Tax preparers now offer refund loans and print checks instantly. V-Tax login and password allows the tax preparation organization to access customers' returns from any computer with a connection to the Internet. Long hours of multi-system software installations, frequent calls to customer service and high levels of frustration are completely eliminated by V-Tax," he concluded.

PEI enhanced professional products
The experience gained by Petz Enterprises, Inc. developing, testing and delivering the highest quality online tax preparation tools resulted in TaxBrain.com®, the largest independent Internet-based tax service in the United States. Utilizing that knowledge and experience, PEI adapted V-Tax to the needs of the professional tax community capitalizing on the speed, accuracy and low-cost benefits of the Internet.