CCH Tax News Headlines - March 22, 2011 Federal Headlines:
3/22/2011 - _Short-term Capital Loss Deduction Properly Disallowed; Profit Motive Not Demonstrated; Refund Claim Based on Net Operating Loss Carryback Time-Barred (Gonzalez, DC Calif.)_
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3/22/2011 - _IRS Entitled to Reverse Erroneously Credited Overpayments; No Written Closing Agreement (In re Frank, BC-DC N.C.)_
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State Headlines:
3/22/2011 - _California --Corporate, Personal Income Taxes: Voluntary Compliance Initiative for Abusive Tax Transactions Passes General Assembly_
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3/22/2011 - _California --Sales and Use Tax: Tax Calculated on Amount Paid to Hotel, Not Amount Charged by Online Travel Companies_
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