There are a lot of variables, but if you are starting off with a 9.0:1 ratio, you will have to reduce the combustion chamber volume by about 8cc to reach 10.0:1.
Considering a 4" bore, that is about .040" you will have to remove. Depending on your heads, the combustion chamber may be smaller than the bore so you would have to remove more to accomplish the same reduction.
I was told .040" is a lot to remove from the heads but there are probably many opinions on this. It also depends on the heads themselves.
I recently had .015 removed from my RPM heads and had the block decked .015 as well. The net is .030 and is good for about a 6cc reduction. With my notched flat-top pistons I'm looking at about 10.2:1 static compression.
You may be able to get away with not having to machine the intake but you will have to mock up the motor after the machining and check the fitement of the intake manifold. If it sits too high, you can try a different (thinner) type of intake manifold gasket. You will also need to purchase another set of pushrods since milling changes the valve geometry.
I haven't had a chance to mock up my motor yet, I'm still waiting on the machine work on the crank. It has actually been done for weeks but I've been so damn busy lately, I haven't had a chance to get to the shop during business hours.