CCH Tax News Headlines - September 6, 2011

CCH Tax News Headlines - September 6, 2011 Federal Headlines:

9/6/2011 - _IRS Provides Tax Relief to Victims of Hurricane Irene (IR-2011-87, NC-2011-58, NJ-2011-42, NY-2011-34)_
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9/6/2011 - _S Corporation Owners Unable to Claim Flow-Through Losses, Denied Deductions for Certain Business Expenses; Equitable Estoppel Did Not Bind IRS to Oral Settlement Agreement (Broz, TC)_
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9/6/2011 - _Distressed Receivable Transactions Disallowed, Penalty Applicable (Superior Trading, TC)_
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State Headlines: 9/6/2011 - _Illinois - Sales and Use Tax: Chicago Sues Kankakee and Channahon for Lost Tax Revenue_
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