CCH TAX NEWS for April 14, 2008

CCH TAX NEWS for April 14, 2008

FEDERAL NEWS

IRS Provides Monthly Bond Factor Amounts for Dispositions of Low- Income Buildings, Interests in January through June 2008 (Rev. Rul.

2008-21)IRS Provides Monthly Bond Factor Amounts for Dispositions of Low-Income Buildings, Interests in January through June 2008 (Rev. Rul. 2008-21)
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IRS to Issue Guidance on 50-Percent Bonus Depreciation Allowance Under Economic Stimulus Act of 2008 (IR-2008-58 )

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IRS Issues Proposed Regulations Governing Minimum Required Contributions to Single Employer Defined Benefit Plans (TDNR HP-918; NPRM REG-108508-08)
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STATE NEWS

California --Corporate, Personal Income Taxes: Federal Conformity Report Issued; Interested Parties Meeting Set

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Kansas --Corporate, Personal Income Taxes: Incentives Created for Energy Efficient Improvements
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Kentucky --Corporate Income Tax: Sales Factor, Airlines Apportionment Formula Changes Enacted
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John H. Fisher
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