CCH Tax News Headlines - January 22, 2008

CCH Tax News Headlines - January 22, 2008

Federal Headlines: -

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12/22/2008 - Taxpayers Can Expect No Relief for 2008 Required Minimum Distributions 12/22/2008 - Under Proposed Regulations, Transactions Involving Disregarded Entities Would Be Taken into Account in Financing Arrangement Determinations (NPRM REG-113462-08) 12/22/2008 - Proposed Regulations Address Assessment of Penalty on Material Advisors for Failure to Disclose Reportable Transactions (NPRM REG-160872-04) 12/22/2008 - Amounts of Income Exempt from Levy in 2009 Announced (Notice 2008-114)

State Headlines: 12/22/2008 - Michigan ?Sales and Use Tax: Exemption for Agricultural Equipment Enacted 12/22/2008 - New York ?Personal Income Tax: Temporary Stay Exception Removed From Regulation Missed a headline? Click here for last week's tax highlights. -

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John H. Fisher
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