CCH TAX NEWS for January 22, 2008

CCH TAX NEWS for January 22, 2008

FEDERAL NEWS

Conviction and Sentence for Filing False Return Upheld; Expert Evidence Properly Excluded (Hayez, CA-4)

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Termination Payments Were Ordinary Income; No Rights Existed Under Agreement Other than Right to Perform Services (Trantina, CA-9)
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STATE NEWS

New York --Corporate, Personal Income Taxes: Source Income of Nonresident Shareholders Explained

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John H. Fisher
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