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May 9, 2008



IRS will distribute economic stimulus payments sooner than expected...

Reasonable notice procedure clarified for third-party employee wages and withholding investigations...

IRS renews Political Activities Compliance Initiative for 2008 election year...

IRS Small Business Campaign offers tips on avoiding pitfalls...

IRS to publish guidance on special 50-percent bonus depreciation allowance...

AL - Updated chart shows local participation in 2008 tax holiday...

AK - City tax on large vessels did not violate U.S. constitution...

AZ - Corporate officers liable for tax not remitted to department...

AR - Extension granted for disaster victims...

CA - Entire share of partnership income included in taxable income...

CO - Voluntary contribution designation for military family relief fund extended...

CT - 2008 tax holiday announced...

CT - Federal rebate checks will not be subject to state tax...

DE - Electronic filing system discussed...

DC - College savings plan deduction increased...

FL - Overpayment refund should reflect early payment discount...

GA - Tax holiday bill passes house...

HI - Bill would update IRC conformity, decouple from IRC ยง179 changes...

ID - Bill conforming state law to economic stimulus act enacted...

IL - Tax on Illinois vehicle sales to Indiana residents increased...

IN - Exemption extension and other changes enacted...

IN - Income tax changes included in property tax reform...

IA - Proposal to replace local tax with statewide increase passes House...

KS - KUSF contribution provisions amended for VoIP providers...

KY - Collection cost reimbursements limited, drug exemption created...

LA - Emergency rule regarding hurricane preparedness holiday adopted...

LA - Wind and solar energy systems credit rule revised...

ME - Technical changes bill affects property, fuel, administrative tax laws...

MD - Credit created for cellulosic ethanol technology R&D expenses...

MA - Health insurance mandate penalties for 2008 announced...

MI - ESA payments not subject to tax...

MN - Renter and homeowner refunds discussed...

MN - Omnibus Tax Bill introduced...

MS - Homestead exemption extended for unoccupied homes damaged by hurricane Katrina...

MS - Bonus depreciation, asset expense discussed...

MO - Bill would decouple from IRC, require combined reporting and more...

MT - Disaster victims eligible for penalty, interest waivers...

NE - Religious, educational, other exemptions limited to nonprofits...

NV - Commission's ruling in closed session violated open meeting law...

NH - Online hotel bookings discussed...

NJ - Partnership filing fee, nonresident tax guidance revised...

NM - Alternate effective date for locomotive fuel exemption enacted...

NY - NYC voluntary disclosure procedures discussed...

NC - 2008 Tax holiday discussed...

ND - Canadian residents' refunds delayed...

OH - Filing deadline for quarterly filers extended two days...

OK - House approves expansion of tax holiday...

OR - Senior and disabled tax deferral applications due April 15...

PA - Corrective revision made to rule for correcting mistakes...

RI - Town imposed affordable housing fee-in-lieu, not illegal tax...

SC - Federal coupon for TV converter box included in gross proceeds...

SD - Credit for renewable energy system using anaerobic digester enacted...

TN - Alternative valuation for residential property interests enacted...

TX - Taxing unit entitled to recover delinquent taxes from resale purchaser...

UT - Maximum exemption amount revised...

VT - Governor unveils economic growth initiative...

VA - Information provided on hurricane preparedness tax holiday...

WA - Items used in weatherization of residence exempt...

WV - Interest rates for second half of 2008 remain unchanged...

WI - Senate passes combined reporting legislation...

WY - Distribution of impact assistance payments amended...