CCH TAX NEWS for June 5, 2007

CCH TAX NEWS for June 5, 2007

FEDERAL NEWS

Final Regulation Regarding Disclosure of Return Information Released (T.D. 9327)

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IRS Issues Guidance on Identifying Covered Employees (Notice 2007-49)
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Guidance Issued on Individuals' Qualified Conservation Contribution Deductions (Notice 2007-50)
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STATE NEWS

Georgia --Sales and Use Tax: New Owner Liable for Delinquency as Successor in Interest

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North Carolina --Corporate Income Tax: Breach of Contract Settlement Proceeds Were Business Income
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John H. Fisher
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