CCH Tax News Headlines - July 7, 2010

CCH Tax News Headlines - July 7, 2010 Federal Headlines:

7/7/2010 - _President Signs Short-Term FAA Extension Bill, First-Time Homebuyer Credit Three-Month Extension of Closing Date_
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7/7/2010 - _IRS Issues Final Regulations Addressing Excise Taxes on Prohibited Tax Shelter Transactions (T.D. 9492)_
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7/7/2010 - _First-Time Homebuyer Credit Closing Deadline Extended to September 30 (IR-2010-80)_
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State Headlines: 7/7/2010 - _Hawaii --Corporate, Personal Income Taxes: Itemized Deduction Cap, Capital Goods Excise Tax Credit Changes Vetoed_
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7/7/2010 - _New Jersey --Corporate, Personal Income Taxes: Technology and Biotechnology Credit Transfer Program Reduced; Film and Digital Media Credits Suspended_
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7/7/2010 - _Tennessee --Franchise, Corporate Income Taxes: Captive REIT, Credit, Other Provisions Enacted_
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