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Posted by John H. Fisher on March 12, 2008, 1:04 pm
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CCH TAX NEWS for March 12, 2008
FEDERAL NEWS
Baucus Proposes Extending Tax Cuts in Fiscal 2009 Budget Resolution
http://tax.cchgroup.com/news/headlines/2008/nws31208.htm#1
IRS Provides Safe Harbor for Deducting Payroll Taxes by Accrual-Method
Taxpayers (Rev. Proc. 2008-25)http://tax.cchgroup.com/news/headlines/ 2008/nws31208.htm#2
Amendments to Regulation Clarifying the Treatment of Losses from
Abandoned Securities Finalized (T.D. 9386)
http://tax.cchgroup.com/news/headlines/2008/nws31208.htm#3
Deduction for Energy Efficient Commercial Buildings Clarified (Notice
2008-40)http://tax.cchgroup.com/news/headlines/2008/nws31208.htm#4
TIGTA Gives Overall "Clean Bill of Health" to IRS Chief Counsel Pilot
Guidance Program
http://tax.cchgroup.com/news/headlines/2008/nws31208.htm#5
STATE NEWS
Texas --Corporate Income Tax: Preview of New Tax Forms Available
http://tax.cchgroup.com/news/headlines/2008/nws31208.htm#6
West Virginia --Multiple Taxes: House Approves Rate Reduction, Repeal
of Franchise Tax
http://tax.cchgroup.com/news/headlines/2008/nws31208.htm#7
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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Posted by D. Stussy on March 12, 2008, 9:57 pm
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> CCH TAX NEWS for March 12, 2008
>
> FEDERAL NEWS
>
> Baucus Proposes Extending Tax Cuts in Fiscal 2009 Budget Resolution
> http://tax.cchgroup.com/news/headlines/2008/nws31208.htm#1
"...[E]xtend the law in effect in 2009 for estate taxes.":
And just as I was about to tell all my rich clients that they must die in
2010....! (even if they didn't plan on it).
--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>
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Posted by Stuart Bronstein on March 13, 2008, 11:58 am
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>> Baucus Proposes Extending Tax Cuts in Fiscal 2009 Budget
>> Resolution
>> http://tax.cchgroup.com/news/headlines/2008/nws31208.htm#1
>
> "...[E]xtend the law in effect in 2009 for estate taxes.":
Don't hold your breath.
> And just as I was about to tell all my rich clients that they must
> die in 2010....!
Yes, I've been telling people for several years that might be the best
way to save estate taxes.
> (even if they didn't plan on it).
But I'd imagine their children might have.
Stu
--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>
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