Ernst & Young Its Washington Dispatch

President Obama signs small business bill, tax extenders on hold -- President's Economic Recovery Advisory Board releases report on tax reform options -- IRS Notice 2010-60 FATCA guidance issued -- IRS Rev. Proc. 2010-32 offers CTB relief for certain foreign entities -- US government's first guidance on recent codification of economic substance doctrine -- Final international shipping and aircraft regulations released -- Taxpayers to be allowed to appeal international penalties before paying assessment.