CCH Tax News Headlines - May 3, 2010

CCH Tax News Headlines - May 3, 2010 Federal Headlines:

5/3/2010 - _President Signs FAA Reauthorization Bill_
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5/3/2010 - _Law Firm Required to Honor IRS Levy on Partner's Salary (Moskowitz, Passman & Edelman, CA-2)_
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5/3/2010 - _Accrual-Based Accounting Not Prohibited by CTI Provision; Corporation's Refund Claim Rejected for Misapplication of Code Sec. 925; Entitled to Recalculate Tax Liability Under Passthrough Method (Proctor & Gamble Co., CA-6)_
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5/3/2010 - _CCH Weekly Report from Washington, D.C._
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State Headlines:

5/3/2010 - _Alaska --Severance Tax: Governor Vetoes Bill to Decouple Oil and Gas Production Taxes_
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5/3/2010 - _Arizona --Corporate, Personal Income Taxes: IRC Conformity Updated_
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5/3/2010 - _Hawaii --Sales and Use Tax: SST Conformity Legislation Dead_
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