Thomson Reuters released comprehensive analysis and continuing professional education (CPE) to help tax professionals understand and comply with the American Taxpayer Relief Act of 2012. The act, which the president signed into law on Jan. 2, prevents many tax hikes that were scheduled to go into effect this year and retains many favorable tax breaks that expired previously or were scheduled to expire.

Authored by expert tax analysts from Thomson Reuters, RIA's Complete Analysis of the American Taxpayer Relief Act of 2012 and Earlier Acts of the 112th Congress provides analysis and practical guidance on every provision of the act, with insightful observations, cautions, and illustrations. It is hyperlinked to relevant committee reports, amended codes, act sections, complete finding tables, and sample client letters. The Complete Analysis is available in print and on Thomson Reuters Checkpoint, the industry-leading online service that provides research, news, analysis, and productivity tools to tax, audit, accounting, legal, trade, and finance professionals.

Also available on Checkpoint are RIA Special Studies, which provide quick, insightful looks into the act:

• Congress Passes 2012 Taxpayer Relief Act and Averts Fiscal Cliff Tax Consequences
• 2012 Taxpayer Relief Act Protects Key Individual Tax Breaks
• Business Tax Breaks Retroactively Reinstated and Extended by the 2012 Taxpayer Relief Act
• Individual Tax Breaks Retroactively Reinstated and Extended by the 2012 Taxpayer Relief Act
• Estate and Gift Tax Relief in the 2012 Taxpayer Relief Act
• Energy-Related Tax Provisions in the 2012 Taxpayer Relief Act

Thomson Reuters also offers a timely CPE course Hot 2012 Year-End Tax Topics: American Taxpayer Relief Act, New Healthcare Regulations on Medicare Surtax and More. This Checkpoint Learning webinar will be held on Jan. 9 and Jan. 25 and provide six CPE credits.

Additionally, the following CPE webinars have been revised to include insights into the act:

• Full-Day: 2012 Federal Tax Update (eight credits)
• Half-Day: 2012 Federal Tax Update (four credits)
• Monthly Tax Alert (two credits)
• Federal Tax Update for the Registered Tax Preparer (three credits)

“Less than two days after the president signed the bill into law, we provided our customers with comprehensive coverage and analysis of the new law with full research functionality,” said Jim Seidel, director of tax editorial, Thomson Reuters. “This is another example of our commitment to providing tax and accounting professionals with the most complete, current analysis, and training available.”

See also more information on Checkpoint content and Checkpoint Learning CPE for CPAs and Enrolled Agents. 

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