CCH TAX NEWS for February 12, 2008

CCH TAX NEWS for February 12, 2008

FEDERAL NEWS

IRS Provides Additional Guidance Covering Recapture of Additional Depreciation Deductions for Relinquished GO Zone Property (Notice

2008-25)
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Regulations Changing Procedures for Payments from Presidential Primary Matching Payment Account Issued (T.D. 9382; NPRM REG-149475-07)
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White House Forecasts No Recession Amid U.S. Economic Slowdown
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STATE NEWS

Illinois --Sales and Use Tax: Exemption for Vehicles Sold for Rental Discussed

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John H. Fisher
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