Revised regs relieve corps, promote e-file.

The IRS has rolled out several regulatory revisions to relieve businesses and shareholders of excessive reporting obligations, while making it easier to e-file.

The changes apply to more than 20 regulations involving corporate and shareholder reporting requirements, including rules governing corporate transactions, such as mergers, spin-offs and liquidations. The revised regs also eliminate several requirements for taxpayers to provide signatures.

For more info, visit www.irs.gov/newsroom/article/0,,id=15772,00.html.