New Free Withholding Calculator And Tax Estimator Now Available At TaxBrain Online Tax Center...

Business Editors

TRACY, Calif.--(BUSINESS WIRE)--July 14, 2003

Enables Taxpayers Awaiting New IRS Tax Rebates To Maximize Take-Home Pay, and Plan Next year's Refund

Petz Enterprises, Inc. (PEI) producers of the popular TaxBrain (TM) Online Tax Center(TM), has released

Millions of taxpayers are presently awaiting tax rebates from the IRS, so this is an ideal opportunity to examine an expected tax refund, which will be received after January 1, 2004.

W-4 Calculator

The new W-4 Payroll Withholding Calculator has been revised and improved to reflect the recently enacted federal tax law changes. Taxpayers can now review the changes in their net paychecks to maximize take-home pay. Included in the W-4 Calculator is the ability to generate a new W-4 for submission to the taxpayer's employer.

Tax Estimator

TaxBrain's new Tax Estimator contains all of the latest tax law changes including the new refundable Child Tax Credit calculation. The TaxBrain user simply enters basic tax information and the estimator automatically calculates an expected tax return or balance due. Combined with the W-4 Calculator, any taxpayer now has the ability to plan their refund for the coming tax season.

Both the W-4 Calculator and Tax Estimator are available free of charge at www.taxbrain.com.

About TaxBrain(TM)

TaxBrain is a full service online tax center providing tax advice, tools, and resources all year to help taxpayers manage their tax burden with greater confidence and ease. TaxBrain is the only web-based tax solution that delivers online preparation, filing, professional assistance and representation for taxpayers in all 50 states. Launched in 2000, TaxBrain delivers the vision of a fully integrated tax center that accommodates the schedule and needs of the busy American lifestyle. In 2002, TaxBrain emerged as one of the most popular services for online tax preparation and filing available on the web. For more information, visit www.taxbrain.com.

About Petz Enterprises, Inc.

Petz Enterprises, Inc. (a closely held California corporation, PEI) is a leading provider of tax preparation and filing solutions for the professional and consumer markets helping to automate and simplify federal, state and local tax compliance. PEI's CrossLink(TM) line of professional tax software products enable tax practitioners and service bureaus to accurately prepare and file large volumes of individual tax returns. Founded in 1974, and based in Tracy, California, PEI is dedicated to serving the needs of professional tax practitioners and individual taxpayers nationwide. For more information, visit www.petzent.com.