CCH TAX NEWS for March 12, 2008
FEDERAL NEWS
Baucus Proposes Extending Tax Cuts in Fiscal 2009 Budget Resolution
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IRS Provides Safe Harbor for Deducting Payroll Taxes by Accrual-Method Taxpayers (Rev. Proc. 2008-25)
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Amendments to Regulation Clarifying the Treatment of Losses from Abandoned Securities Finalized (T.D. 9386)
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Deduction for Energy Efficient Commercial Buildings Clarified (Notice
2008-40)
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TIGTA Gives Overall "Clean Bill of Health" to IRS Chief Counsel Pilot Guidance Program
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STATE NEWS
Texas --Corporate Income Tax: Preview of New Tax Forms Available
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West Virginia --Multiple Taxes: House Approves Rate Reduction, Repeal of Franchise Tax
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