CCH TAX NEWS for November 8, 2006

CCH TAX NEWS for November 8, 2006

FEDERAL NEWS

Code Sec. 83(b) Election for Nonvested Stock Upheld; Carry back of AMT Capital Losses Disallowed (Kadillak, TC)

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Cash from Right to Receive Future Lottery Payments Was Ordinary Income (Womack, TCM)
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CCH Audio Seminar The Pension Protection Act of 2006 From the Tax Practitioner's Point of View Takes Place This Friday, November 10
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STATE NEWS

New York --Sales and Use Tax: Department Issues Report Questioning Value of SST Conformity

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Missed a headline? Click here to review last week's tax news

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John H. Fisher
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