CCH Tax News Headlines - July 12, 2011

CCH Tax News Headlines - July 12, 2011 Federal Headlines:

7/12/2011 - _President Presses Congressional Leaders for Major Deficit Deal_
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7/12/2011 - _Closing Agreement Precluded Corporation from Challenging Underlying Tax Liability (Tree-Tech, Inc., TCM)_
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7/12/2011 - _Partnership Adjustment Did Not Require Partner-Level Determination; Notice of Deficiency to Partner Not Required (Gosnell, DC Ariz.)_
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State Headlines: 7/12/2011 - _Illinois - Sales and Use Tax: Legislation That Increased Various State Taxes Held Constitutional_
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7/12/2011 - _Massachusetts - Multiple Taxes: Life Sciences Credit Enacted, Abatement Provisions Amended_
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7/12/2011 - _Pennsylvania - Insurance Tax: Surplus Lines Insurance Legislation Enacted_
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* * _Missed a headline? Click here for last week's tax highlights_
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