BNA Income Tax Planner application includes tax law changes

BNA Software, an operating division of BNA, recently announced that the company has released version 2010.5 of its BNA Income Tax Planner for general availability.

Version 2010.5 reflects the tax law changes contained in the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of 2010, which President Obama signed into law December 17.

"The modifications provided in the new version of our tax planning software enable tax and accounting professionals to provide seamless services that reflect the new law's changes and extensions," said Dean Sonderegger, executive director, BNA Software.

"We monitored the progress of this compromise legislation from the initial discussions to the president's signature to ensure our clients would have the right solution in a timely manner. BNA Income Tax Planner has been updated, tested, and is ready for immediate installation," Sonderegger said.

Over 20 changes and extensions in the act have been incorporated to the new version of BNA Income Tax Planner. They range from changes in the self-employment tax rate and computation of employee FICA to the extension of provisions such as the AMT exemption, sales tax deduction, and the child tax credit.

To learn more, BNA is having a free webinar on Tuesday, January 11, at 2 PM ET, or call (800) 424-2938. Select Option 3.

Related articles:

You may like these other stories...

Renaissance avoided more than $6 billion tax, report saysThe Senate Permanent Subcommittee on Investigations said on Monday that a Renaissance Technologies LLC hedge fund’s investors probably avoided more than $6...
A new Gallup survey found that 58 percent of smokers in the United States see increased state and federal taxes on cigarettes as an act of unjust discrimination, while 39 percent believe the tax hikes are justified.The...
Liberal groups object to bill barring taxes on Internet accessThe Internet Tax Freedom Act hasn’t been a controversial bill. In fact, it’s so popular that senators are seeking to pair it up with a far more...

Upcoming CPE Webinars

Jul 23
We can’t deny a great divide exists between the expectations and workplace needs of Baby Boomers and Millennials. To create thriving organizational performance, we need to shift the way in which we groom future leaders.
Jul 24
In this presentation Excel expert David Ringstrom, CPA revisits the Excel feature you should be using, but probably aren't. The Table feature offers the ability to both boost the integrity of your spreadsheets, but reduce maintenance as well.
Jul 31
In this session Excel expert David Ringstrom helps beginners get up to speed in Microsoft Excel. However, even experienced Excel users will learn some new tricks, particularly when David discusses under-utilized aspects of Excel.
Aug 5
This webcast will focus on accounting and disclosure policies for various types of consolidations and business combinations.