No change in wage base
According to the Social Security Administration, the taxable wage base for 2010 will remain at the 2009 level of $106,800. This will be the first year with no inflation adjustment to the taxable wage base since 1975.
New use for tax refunds
Starting next year, taxpayers can check a box on their tax returns to buy Series I savings bonds with their tax refund. Bonds can be purchased in the taxpayer's name in 2010; co-owners can be added to bond purchases starting in 2011.
IRA reminders
 If you are required to take annual distributions from your retirement plan, remember that these required minimum distributions (RMDs) were suspended for 2009.
If you're 70½ or older, you can make a 2009 donation of up to $100,000 directly from your IRA to a charity without treating the donation as a taxable IRA distribution.
Employment audits to begin
The IRS expects to begin employment tax audits in February 2010 to update audit selection formulas and estimates of noncompliance with the rules. It's estimated that there is a $20 billion tax gap in the area of employment taxes (a difference in taxes owed and taxes actually paid).
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