CCH TAX NEWS for November 19, 2007

CCH TAX NEWS for November 19, 2007

FEDERAL NEWS

Baucus, Grassley Introduce Tax Technical Corrections Bill

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Payments Under VA CWT Program Are Nontaxable Veterans' Benefits (Rev. Rul. 2007-69)
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Proposed Regulations Provide Guidance on Carryovers of Tax Accounting Method and Inventories Under Code Sec. 381 (NPRM REG-151884-03; Final Rule; Notice)

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STATE NEWS

New York --Sales and Use Tax: Memo Withdrawn Requiring Registration of Out-of-State Internet Retailers

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New York --Corporate, Personal Income Taxes: Empire Zone Credits Discussed for S Corporations
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John H. Fisher
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