CCH Tax News Headlines - December 11, 2008

- J
- John H. Fisher
  
  Contact options for registered users
posted
15 years ago

Fri, Dec 12, 2008 4:13 AM

Federal Headlines: -

formatting link

12/11/2008 - House Votes to Pass Auto Bailout Bill; Senate Action Unclear 12/11/2008 - House Approves Suspension of RMD Excise Tax 12/11/2008 - IRS Extends Reporting and Withholding Transition Rules for Nonqualified Deferred Compensation Plans (Notice 2008-115) 12/11/2008 - IRS Releases Guidance Regarding Certain Stock Distributions by REITs (Rev. Proc. 2008-68)

State Headlines: 12/11/2008 - Delaware --Sales and Use Tax: Tax on Auto Manufacturer Constitutional 12/11/2008 - South Carolina --Multiple Taxes: Governor Calls for Tax Reform 12/11/2008 - West Virginia --Sales and Use Tax: Court Rules on "Health and Fitness," "Support" in Nonprofit Case

Missed a headline? Click here for last week's tax highlights. -

formatting link

- H
- Harlan Lunsford
  
  Contact options for registered users
Vote on answer
posted
15 years ago

Fri, Dec 12, 2008 2:52 PM

formatting link

(among others)

Well, yesterday the Senate passed it too, and the bill goes to the white house next week for president's signature. The suspension is for tax year 2009 only; but who knows what the future may bring?

It's a nice Christmas present I think. The long haul effects of not having to take just one RMD next year are tremendous for my life expectancy. So, I'm happy.

ChEAr$, Harlan Lunsford, EA n LA

- J
- John H Fisher
  
  Contact options for registered users
Vote on answer
posted
15 years ago

Sat, Dec 13, 2008 7:54 AM

Your happiness brings joy to my heart!!! Happy Holidays!!!-:)