CCH TAX NEWS for June 30, 2008

CCH TAX NEWS for June 30, 2008

FEDERAL NEWS

House Appropriations Committee Approves IRS FY 2009 Budget of $11.4 Billion

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Illinois Storm and Flood Victims Given More Time to File and Pay Taxes (Notice)
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Amount of Life Insurance Company's Statutory Reserves Determined (Rev. Rul. 2008-37)
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STATE NEWS

California --Multiple Taxes: Relief Available for Taxpayers Affected by Mendocino County Wildfires

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Florida --Corporate Income, Insurance Taxes: Capital Investment, Renewable Energy Credits Amended
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John H. Fisher
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