Client Memo – Tax Change References

by | Jan 11, 2011 | Client Memo, Tax

With numerous recently enacted tax law changes, we’ve compiled a list of helpful resources available on our website ( for your reference as follows:

2010 Tax Law Changes –

  • Extension of Bush-era tax cuts and unemployment benefits, retention of refundable tax credits, and provision of AMT relief – Bush-Era Tax Cuts Extended.
  • Additional California enterprise zones added – Enterprise Zones.
  • 35% health insurance credit for small employers who provide health insurance to their employees.
  • Small Business Jobs Act provides additional tax breaks for small businesses – Small Business Jobs Act.

Please note that subsequent to the passing of this bill, another tax relief bill was signed into law allowing businesses to expense 100% of business-related equipment and machinery purchases made after September 8, 2010, and before January 1, 2012.

Tax changes effective on January 1, 2011 –

Other helpful links on our website

  • IRS E-Pay and FTB E-Pay – these secure government websites provide a convenient and flexible way of making your tax payments 24/7.
  • Financial calculators Calculators – for interactive calculations on individual and payroll taxes and retirement and college savings.

We encourage you to utilize these helpful resources available on our website  If you have any questions regarding these tax changes or how they may impact you and your business, please do not hesitate to contact us.

Disclaimer: The information contained in this publication is intended solely to provide general guidance on matters of interest for the personal use of the reader, who accepts full responsibility for its use. In no event will Fishman, Block + Diamond, or its partners, employees, or agents, be liable to you or anyone else for any decision made or action taken in reliance on the information in this website or for any consequential, special, or similar damages, even if advised of the possibility of such damages.