CCH Tax News Headlines:- January 16, 2009

CCH Tax News Headlines:- January 16, 2009

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1/16/2009 - House Democrats Unveil $825 Billion Economic Stimulus Bill 1/16/2009 - Senate Finance Panel Approves Increase in Tobacco Excise Tax 1/16/2009 - IRS Issues Guidance for Allocating First-Time Homebuyer Credit Between Unmarried Taxpayers (Notice 2009-12)

1/16/2009 - Qualified Subchapter S Subsidiary Is Separate Entity for Purposes of Bank Exempt Interest Rules (Vainisi, TC)

State Headlines: 1/16/2009 - All States --Sales and Use Tax: SST Panel Rejects Industry Interpretation of Software License Upgrade 1/16/2009 - Alabama --Multiple Taxes: Temporary Waiver of Penalties Allowed 1/16/2009 - Ohio --Personal Income Tax: Grace Period Extended

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John H. Fisher
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