Tax Talk Today Features Michelle Burger, IRS Executive Assistant to the Commissioner, Small Business/Self-Employed Division, Presenting 2010 Business Tax Return Changes

February Program Presents 2010 Business Tax Law Changes

WASHINGTON--(EON: Enhanced Online News)--Tax Talk Today®, an online series of webcasts designed to educate tax professionals on current and critical tax issues, today announced the topics for discussion for its January program, “2010 Business Tax Law Update: Need-to-Know Changes”. The 60-minute, 1 CPE, Live webcast is scheduled for Tuesday, February 8, 2011, at 2 p.m. ET. Tax professionals who need to learn about changes in tax laws for Businesses for the filing season are encouraged to watch and email questions. The broadcast will also be Archived for 12 months, for tax practitioners unable to watch the Live program.

“2010 Business Tax Law Update: Need-to-Know Changes”

During the opening segment, Michelle Burger of the IRS will discuss the changes in the tax laws that have the greatest impact on businesses and tax preparers filings.

“Having Michelle Burger on the program will enable our tax professional viewers to gain a complete understanding of the changes that will impact their business clients’ filings during this season,” stated Lisbeth Bagnold, President & CEO of Tax Talk Today, Inc.

Other panelists include:

• Kevin Curran, Director, National Tax Services, IRS Service Team, Washington National Tax, PricewaterhouseCoopers, LLP
• Sharon Kreider, CPA, EA, Kreider CPA, Sunnyvale, California

Among the topics our expert panel will take up include the changes brought about by the Patient Protection and Affordable Care Act, the Small Business Jobs Act, and the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010. The panel will focus on the changes to business tax credits, expensing, depreciation, and payroll taxes, and how to reflect those changes on the 2010 tax return. The panel will address changes to reporting requirements and penalties that may affect tax returns submitted by or on behalf of business taxpayers. The following list of topics will be discussed:

A. Business Investment Incentives

• Bonus depreciation extended
• Small business expensing (section 179)
• Investing in Empowerment Zones
• Investing in the District of Columbia

B. Energy Incentives Extended

• Coal, alcohol, and alternative fuels
• Homes and home appliances
• Grants for energy property

C. Tax Relief for Businesses

• Tax credits extended
• Deprecation rules extended
• Expensing rules extended
• Enhanced charitable deductions

D. Employment Incentives and Changes

• Health insurance and benefits
• Payroll tax forgiveness
• Tax credits for hiring

E. Information Returns and Reporting

• Expansion of reporting requirements
• Increased penalties for failure to file

Viewers needing Continuing Professional Education credit, (CPE Credit), can take advantage of a Tax Talk Today subscription price of $217.50 for 15 CPE credits, which includes all 8 programs. Fewer CPE credits can also be purchased.

About Tax Talk Today, The Tax Show for the Tax Pro

An 8-program, 15 CPE, webcast series designed to educate tax professionals with reliable information about complex tax issues. Tax Talk Today features roundtable discussions and real-time interaction with industry professionals, and IRS officials. Tax Talk Today collaborates with Tax Analysts, Tax.com and NAEA to provide content meeting CPE Credit requirements for CPAs, enrolled agents, attorneys, and all professionals needing CPE credits in the tax area. Programs are available live, archived or podcast. For additional information, contact Paul Lamonia at 202-559-9330 or [e-mail] or visit www.TaxTalkToday.com.