CCH TAX NEWS for October 18, 2007
FEDERAL NEWS
Rangel Says AMT/Extenders Bill Now; Broader Tax Reform Legislation in
2008
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Employer Cannot Deduct Amounts Contributed to Welfare Benefit Fund to Pay Premiums on Cash Value Life Insurance (Notice 2007-83; Notice2007-84; Rev. Rul. 2007-65)
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Release of 2008 Pension Plan Limitations Is Imminent, IRS Official Says
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Social Security, SSI Benefits to Rise by 2.3 Percent in 2008 (Press Release; Fact Sheet)
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STATE NEWS
North Carolina --Multiple Taxes: Appellate Court Upholds Dismissal of Challenge to Dell Incentive Package
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Virginia --Corporate Income Tax: Filing Status Policy on Mergers and Acquisitions Modified
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