CCH Tax News Headlines - June 23, 2009

CCH Tax News Headlines - June 23, 2009

Federal Headlines: -

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6/23/2009 - IRS Provides Advice to Taxpayers in Preparation forHurricane Season (IR-2009-61) 6/23/2009 - Tax Loss and Restitution Amounts Incorrectly Calculated,Sentence Remanded (May, CA-6) 6/23/2009 - Corporation Compelled to Produce Documents Not ProtectedUnder Tax Practitioner Privilege; Tax Shelter Exception Established(Valero Energy Corp., CA-7) State Headlines: 6/23/2009 - All States --Corporate Income Tax: NCSL Task Force Strongly Opposes UDITPA Revision Effort 6/23/2009 - Kentucky --Multiple Taxes: Senate Amends Economic Development Incentives Package, Makes Other Changes 6/23/2009 - Massachusetts --Corporate Income Tax: U.S. Supreme Court Refuses to Hear Economic Nexus Challenges

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John H. Fisher
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