CCH TAX NEWS for January 9, 2007

CCH TAX NEWS for January 9, 2007

FEDERAL NEWS

Final Regulations Regarding Qualified Amended Returns and Use in Accuracy-Related Penalty Released (T.D. 9309)

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Financial Services Company Participating in LILO Transaction Not Entitled to Rent, Interest Deductions; Genuine Indebtedness Not Proven (BB&T Corp., DC N.C.)
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STATE NEWS

New York--Multiple Taxes: Filing, Payment Deadlines Extended Due to Storms and Flooding

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John H. Fisher
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