CCH Tax News Headlines - August 1 thru August 5, 2011

CCH Tax News Headlines - August 1 thru August 5, 2011 Federal Headlines:

8/5/2011 - _Senate Reaches Deal on FAA Extension; Aviation Excise Tax Collection Reinstated_ 8/5/2011 - _Treasury Security Rate Set for Computing Current Plan Liability for August 2011 (Notice 2011-67)_ 8/4/2011 - _President Urges Congress to Pass FAA Extension Bill Through Unanimous Consent_ 8/4/2011 - _Supplemental Guidance Provided on Issue Date for State and Local Bonds for Purposes of Volume Cap Limitations (Notice 2011-63)_ 8/3/2011 - _President Signs Debt-Limit Bill, Averts Government Default_ 8/2/2011 - _Regulations Amended for Group Health Plans Relating to Coverage of Preventive Services Under PPACA (T.D. 9541; NPRM REG-120391-10)_ 8/2/2011 - _Covenant Not to Compete Was Amortizable Intangible Subject to 15-Year Amortization Period (Recovery Group, Inc., CA-1)_ 8/1/2011 - _House Passes Boehner Bill as Reid Prepares Alternate Plan_ 8/1/2011 - _Final Accounting Method Regulations for Acquiring Corporations Issued (T.D. 9534)_ State Headlines: 8/5/2011 - _California --Corporate Income Tax: FTB Withdraws Earlier Notice Regarding Circular Cash Flow Arrangements_ (h ttp://tax.cchgroup.com/downloads/files/news-headlines/2011/nws080511.htm#3) 8/5/2011 - _Florida --Corporate Income Tax: Emergency Depreciation, IRC §1 79 Adjustment Rule Adopted_ 8/4/2011 - _New York --Estate Tax: Implementation of Marriage Equality Act Related to State Estate Tax Discussed_ 8/4/2011 - _Ohio --Sales and Use Tax: OTCs Not Vendors Under Transient Occupancy Tax Ordinances_ 8/4/2011 - _West Virginia --Sales and Use Tax: Governor Calls for Phaseout of Food Tax_ 8/3/2011 - _Massachusetts --Sales and Use Tax: Sales Tax Holiday Enacted_ 8/3/2011 - _Missouri --Multiple Taxes: Taxpayers Lacked Standing to Challenge Constitutionality of Credits_ 8/3/2011 - _New York --Corporate Income Tax: Characterization and Sourcing of Business Receipts Determined_ 8/2/2011 - _CCH Webinar: Issues and Answers for State Gross Receipts Taxes_ 8/2/2011 - _All States - Sales and Use Tax: Streamlined Sales Tax Bills Introduced in Congress_ 8/2/2011 - _California - Corporate, Personal Income Taxes: VCI 2 Launched, Participation Agreement Forms Available_ 8/1/2011 - _Iowa - Corporate, Personal Income Taxes: Adjustment on 2011 Returns Allowed for Certain 2010 Conformity Changes_ 8/1/2011 - _Massachusetts - Sales and Use Tax: Tax Holiday Bill Sent to Governor_ 8/1/2011 - _West Virginia - Sales and Use Tax: Special Session Convenes August 1_