CCH Tax News Headlines - September 2, 2008

CCH Tax News Headlines - September 2, 2008

FEDERAL NEWS -

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Guidance Issued on Bonus Depreciation and Code Sec. 179 Expense Deduction as Affected by Economic Stimulus Act (Rev. Proc. 2008-54)

IRS Provides Transition Relief for New Change in Accounting Method Procedures (Ann. 2008-84)

STATE NEWS California --Corporate, Personal Income Taxes: Use of Offshore Entities and Arrangements and Other Topics Discussed

New York --Sales and Use, Utilities Taxes: Memo on Telecom Services Used to Provide Internet Access Revised

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John H. Fisher
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