TaxEase has prepared a Reference Guide to assist in the preparation of 2010 tax returns.

As a result of these tax law changes, the Internal Revenue Service announced on Dec. 23, 2010
that the upcoming tax season will start on time for most people, but taxpayers affected by three
recently reinstated deductions need to wait until mid- to late February to file their individual tax
returns. In addition, taxpayers who itemize deductions on Form 1040 Schedule A will need to wait
until mid- to late February to file as well.  

These late changes in the law mean that the IRS will need to reprogram its processing systems for
three provisions that were extended in the Tax Relief, Unemployment Insurance Reauthorization
and Job Creation Act of 2010 that became law on Dec. 17. People claiming any of these three items
— involving the state and local sales tax deduction, higher education tuition and fees deduction
and educator expenses deduction as well as those taxpayers who itemize deductions on Form 1040
Schedule A — will need to wait to file their tax returns until tax processing systems are ready, which
the IRS estimates will be in mid- to late February.     

Please click here IRS Announcement to go to the IRS website for more details on this
announcement,   

Please click here Extender Provisions for a list forms affected by the Extender Provisions.


December 30, 2010 the IRS sent out Notice 2011-06 which:

1. Provides guidance on the implementation of new Treasury regulations governing tax return
preparers and their requirement to obtain a preparer tax identification number (PTIN);

2. Identifies the forms that qualify as tax returns or claims for refund for purposes of those
regulations; and

3. Provides interim rules applicable to certain PTIN holders during the implementation phase of the
new regulations governing tax return preparers.

For additional information review the notice: Notice 2011-06
Updates
CTEC - California Tax Education
Council     
Provides information regarding
continuing education and bonding
requirements for tax preparers.
Call 877-850-2832
Internal Revenue Service
Forms and Publications for Tax
Professionals. Resources for
information regarding filed tax returns.
CA Franchise Tax Board  
California Forms and Publications for
Tax Professionals. Resources for
information regarding filed tax returns.
TaxEase, LLC,
877-829-2667
Professional Tax Education
Links
H.R 4853. Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of
2010, was passed by Congress in December 2010.
To see the bill click below

HR 4853
IRS Preparer and PTIN Regulations
The final regulations concerning the
issuing of PTIN's and the new IRS
requirements for tax preparer's.
IRS Pub. 334 - Small Business
IRS Pub. 555 - Community Property
IRS Pub. 4681 - Canceled Debts
Form 1040 Instructions

FTB Pub. 1001 - CA Adjustments
FTB Pub. 1031 - Resident Status
Form 540 Instructions