CCH Tax News Headlines - July 28, 2009

CCH Tax News Headlines - July 28, 2009

Federal Headlines: -

7/28/2009 - Excise Tax on Insurers Gains Steam at White House 7/28/2009 - Cost-Share Payments Received Under FHPP May Be Excludedfrom Income (Rev. Rul. 2009-23) 7/28/2009 - Proposed Regs Would Expand Definition of Allowable TaxProfessional Contigent Fees (NPRM REG-113289-08) State Headlines: 7/28/2009 - Illinois --Sales and Use Tax: "Cash for Clunkers" Payments Not Taxable 7/28/2009 - Michigan --Corporate Income Tax: Interest Income Was Properly Taxed In Michigan

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