Tax Impact Regulations Issued on Electronic Deposit Requirements Small Business Jobs Act of 2010 Enacted Medicine Reimbursement Under Health Care Reform Law Regulations issued on Health Care Reform Rules HIRE Act's Tax Incentives to Businesses Homebuyer Tax Credit Still Available IRS Further Clarifies Cobra Premium Subsidy Credit IRS To Begin Employment Tax Audits The Worker, Homeownership, and Business Assistance Act of 2009 Signed Into Law Year-End Tax Planning Strategies Private Companies Exempt from Some FIN 48 Disclosures IRS Notice For Workers Reclassified As Employees LLC and LLP Losses Held Deductible against Salary Cash for Clunkers Bill Signed Into Law IRS Provides Guidance on New Cobra Rules   Saving Your Tax Records - What You Need To Know   Expanded NOL Carryback Rules Under 2009 Tax Act   Rules for Deducting Capital Losses   No Required Minimum Distribution Relief for 2008     FIN 48 to be Delayed One Year for Nonpublic Companies   How Financial Analysis Can Help Your Business   President Signs Housing Stimulus Law   PCPS Express is prepared by Newkirk Products, Inc. for the exclusive use of its subscribers. The information provided in the newsletter has been obtained from sources believed to be reliable but its accuracy is not guaranteed. The newsletter is not reviewed by any representative or component of the AICPA or the Private Companies Practice Section. Eubank, Betts, Hirn, Wood, PLLC A Professional Limited Liability Company CERTIFIED PUBLIC ACCOUNTANTS 3820 I-55 North, Ste. 100 P.O. Box 16090 Jackson, MS, 39236   Phone: 601.987.4300 Fax: 601.987.4314