CCH TAX NEWS for January 31, 2007

Jan 31, 2007 0 Replies

CCH TAX NEWS for January 31, 2007



FEDERAL NEWS



Senate Votes to End Debate on Minimum Wage, Tax Package

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IRS Releases Fact Sheet Explaining the Rules for Deducting Travel, Entertainment and Gift Expenses (FS-2007-10)
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STATE NEWS



Illinois --Corporate Income Tax: Gain From Business Liquidation Was Nonbusiness Income

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New York --Personal Income Tax: Treatment of Certain Partnership Retirement Payments Changed
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