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Posted by John H. Fisher on May 5, 2008, 3:28 am
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CCH TAX NEWS for May 2, 2008
FEDERAL NEWS
Educational Tax Credits Need Simplification, Lawmakers Told (TDNR
HP-955)http://tax.cchgroup.com/news/headlines/2008/nws5208.htm#1
Form Available to Material Advisors for Maintaining Itemized Statement
Component of Reportable Transaction List (Rev. Proc. 2008-20)
http://tax.cchgroup.com/news/headlines/2008/nws5208.htm#2
Stipulated Decisions Vacated in Three Kersting Tax Shelter Cases
(Hartman, TCM)http://tax.cchgroup.com/news/headlines/2008/
nws5208.htm#3
STATE NEWS
Alabama --Multiple Taxes: Governor Proposes Compromise Tax Relief
Package
http://tax.cchgroup.com/news/headlines/2008/nws5208.htm#4
New York --Tobacco Tax: Excise Tax on Cigarettes to Increase
http://tax.cchgroup.com/news/headlines/2008/nws5208.htm#5
North Carolina --Corporate Income, Franchise Taxes: DOR's Alternative
Apportionment Determinations Clarified
http://tax.cchgroup.com/news/headlines/2008/nws5208.htm#6
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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