The Tax & Accounting business of Thomson Reuters has issued a comprehensive analysis of the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010 on its Checkpoint research service.

The analysis of every provision of the act is linked to relevant committee reports, amended codes and analytical products, on Checkpoint, a searchable online system that connects research, guidance, news and customizable search options for accounting and tax professionals.

Links are also provided in the Learning tab on Checkpoint to Webinars that can be separately purchased, which offer overviews of the new Tax Relief law, as well as CPE credits. These webinars are also available on Checkpoint Learning, which provides training and certification for tax and accounting practitioners. 

The Tax Relief Act of 2010 extends for two years the Bush-era tax cuts, provides significant estate tax relief, and includes a two-year AMT “patch.” It also contains many other tax breaks for businesses and individuals, including 100 percent first-year write-offs of qualifying property placed in service after Sept. 8, 2010 and before Jan. 1, 2012; a payroll/self-employment tax cut of 2 percentage points for 2011 for employees and self-employed individuals, and a host of extenders for businesses and individuals.

Also available on Checkpoint are RIA Special Studies, providing deeper dives into the new Tax Relief Act, and offering additional insight with the following titles:

• 2010 Tax Relief Act’s Two-Year “Sunset Relief” Protects Key Individual Tax Breaks

• Economic Stimulus Incentives in the 2010 Tax Relief  Act

• Estate and Gift Tax Relief in the 2010 Tax Relief Act

• Business Tax Breaks Retroactively Reinstated and Extended by the 2010 Tax Relief Act

• Tax Breaks for Individuals Retroactively Reinstated and Extended by the 2010 Tax Relief Act

• Energy Related Tax Breaks and Disaster Relief Provisions Extended by the 2010 Tax Relief Act

Thomson Reuters complete analysis of this new Act also covers tax provisions from:

• The 2010 RIC Modernization Act

• The 2010 Claims Act

• The 2010 Medicare and Medicaid Extenders Act

In 2010 Accounting Today named Checkpoint Learning its “Top New Product” in the Learning category. For more information, visit

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