CCH TAX NEWS for May 21, 2008

CCH TAX NEWS for May 21, 2008

LEARN ABOUT FIDUCIARY INCOME TAX ISSUES. On Thursday, May 22, CCH will host ?Income Taxation of Trusts and Estates,? a two-hour audio seminar with highly-regarded tax and estate planner and speaker, Steven Siegel, J.D., LL.M. This session will provide a clear and concise review of how the income of estates and trusts is taxed and related compliance and planning issues. For more information and to register, go to

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FEDERAL NEWS

House Passes Military Tax Relief Measure

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Senate and House Reach Budget Agreement
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IRS Abused Discretion in Denying Innocent Spouse Relief (Nihiser, TCM)
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STATE NEWS

Alabama --Corporate, Personal Income Taxes: Decoupling Legislation Fails to Pass

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Delaware --Sales and Use Tax: Auto Manufacturer's Gross Receipts Were Taxable
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John H. Fisher
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