CCH TAX NEWS for February 29, 2008

CCH TAX NEWS for February 29, 2008

FEDERAL NEWS

President Opposes Action on Second Stimulus Package

President Bush Signs Aviation Excise Tax Extension Bill IRS Reminds Individuals to File Returns to Receive Economic Stimulus

Payments (IR-2008-28; TDNR HP-846)

Taxpayers Could Not Defer Reporting Federal Crop Insurance Proceeds

(Nelson TC)

STATE NEWS

New Jersey --Sales and Use Tax: Web Site Operator Acting as Vendor

Required to Collect Tax

New York --Corporate Income, Sales and Use Taxes: Corporation's

Eligibility for Empire Zone Benefits Explained

New York --Corporate Income Tax: Firm Required to Include Foreign

Source Income

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