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Posted by John H. Fisher on January 15, 2008, 10:55 am
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CCH TAX NEWS for January 15, 2008
FEDERAL NEWS
Final Regulations Provide Guidance on Succession of Liquidating
Corporation's Items by Consolidated Group Members (T.D. 9376)http://
tax.cchgroup.com/news/headlines/2008/nws11508.htm#1
IRS Identifies Frivolous Positions for Purposes of Penalty on
Frivolous Returns and Submissions (Notice 2008-14; IR-2008-8)http://
tax.cchgroup.com/news/headlines/2008/nws11508.htm#2
Life Insurance Companies Alerted to Income Tax Issues Relating to
Proposed Valuation Method and Reserves Calculation (Notice
2008-18)http://tax.cchgroup.com/news/headlines/2008/nws11508.htm#3
STATE NEWS
California --Multiple Taxes: Comprehensive Revision to SBE Appeals
Rules Adopted
http://tax.cchgroup.com/news/headlines/2008/nws11508.htm#4
California --Corporate, Personal Income Taxes: Penalty-Free Late
Disclosure Terms Set for Organizers, Material Advisors
http://tax.cchgroup.com/news/headlines/2008/nws11508.htm#5
Missed a headline? Click here to review last week's tax news
http://tax.cchgroup.com/news/default.asp?PageID=4
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