CCH TAX NEWS for February 22, 2008
FEDERAL NEWS
Economic Stimulus Act Includes Tax Benefits for Businesses (IR-2008-22)
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Applicable Federal Rates for March 2008 Released (Rev. Rul.
2008-11)
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IRS Adopts Controversial Letter Ruling Position on Deductibility of Certain Executive Bonuses (Rev. Rul. 2008-13)
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STATE NEWS
Florida --Corporate, Personal Income Taxes: Separate Return Limitation Year Rule Invalid
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Minnesota --Multiple Taxes: Omnibus Tax Bill Introduced
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New York --Personal Income Tax: Governor Announces No State Tax on Federal Rebate Payments
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