CCH Headline Tax News - October 13, 2008

Oct 13, 2008 0 Replies

CCH Headline Tax News - October 13, 2008



FEDERAL NEWS -

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IRS Released Guidance on Filing Amended Returns for Hurricane-Related Grants (IR-2008-115; Notice 2008-95)



IRS Issues Application Procedures for 2008-2009 Advanced Coal Project Credit Allocation Round (Notice 2008-96)



Effective Date of Regulations Governing Retirement Age Postponed for Governmental Plans (Notice 2008-98)



Guidance Provided on Election Not to Claim 50-Percent Additional First- Year Depreciation (Rev. Proc. 2008-65)



STATE NEWS New Mexico --Multiple Taxes: TRD Grants Hurricane-Related Tax Extensions



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