CCH Tax News Headline - October 2, 2008

CCH Tax News Headline - October 2, 2008

FEDERAL NEWS -

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Senate Overwhelmingly Approves Combined Tax, Financial Rescue Package

IRS Announces Beginning of Fourth Quarter Interest Rates (IR-2008-111)

Colleges, Universities to Receive IRS Compliance Questionnaires on Unrelated Business Income, Endowments, and Executive Compensation (IR-2008-112)

Temporary Tax-Exempt Bond Repurchase Exception Expanded and Extended (Notice 2008-88)

STATE NEWS California --Corporate and Personal Income, Sales and Use Taxes: Governor Signs Budget With Numerous Tax Changes

California --Corporate and Personal Income, Sales and Use Taxes: Relief Extended to Natural Disaster Victims

New Mexico --Personal Income Tax: Over 100 Tax Preparers to Provide Tax Rebate Assistance on October 8

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John H. Fisher
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