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February 2009

Issue	Date	Subject
2009-103	February 26, 2009	Legislative Update: White House Releases Budget Outline with Revenue Items
2009-102	February 26, 2009	Ninth Circuit: 40% Penalty Does Not Apply When Depreciation Deduction Is Disallowed in Total
2009-101	February 26, 2009	IRS Guidance for Employers to Use to Claim Credit for COBRA Premiums Paid for Former Employees
2009-100	February 25, 2009	IRS Revises Form 5405 for Individuals Claiming First-Time Homebuyer Credit
2009-99	February 23, 2009	California: Revenue Raisers and Corporate Income Tax Provisions Included in Recently Enacted Budget Agreement
2009-98	February 23, 2009	IRS Provides New Withholding Tables Reflecting Application of “Making Work Pay” Tax Credit
2009-97	February 23, 2009	Final Regulations Concerning Qualified Automatic Contribution Arrangements
2009-96	February 23, 2009	KPMG’s This Week in State Tax: Ohio (Discriminatory Taxes); Multistate (Amnesty Programs); U.S. Supreme Court (Certiorari Petitions)
2009-95	February 20, 2009	Revised FAQs Concerning IRS Form 1065
2009-94	February 20, 2009	Wisconsin: Unitary Combined Reporting, Expanded Addback Rules, Codification of Economic Substance Doctrine, and Other Business Tax Measures in Newly Enacted Legislation
2009-93	February 20, 2009	IRS Requests Comments Concerning the Reporting Requirements for Payments Made in Settlement of Payment-Card and Third-Party Network Transactions
2009-92	February 19, 2009	FASB Adds Projects on Fair-Value Measurement and Disclosure
2009-91	February 17, 2009	Description of Tax Provisions in The American Recovery and Reinvestment Act of 2009
2009-90	February 16, 2009	IRS Again Updates the FAQs Concerning Form 1065
2009-89	February 16, 2009	KPMG’s What’s News in Tax: Corporations Have Expanded Opportunities for AMT Relief from “Specified Credits” Lease Modifications: More Uncertainty for Uncertain Times The Cost Depletion Implications of Lower Crude Oil and Natural Gas Prices
2009-88	February 16, 2009	KPMG’s This Week in State Tax: Indiana (Hotel Booking Fees); Kentucky (Energy Exemption); Massachusetts (Withholding Voluntary Compliance Initiative); Multistate (Proposed Legislation)
2009-87	February 13, 2009	Legislative Update: Description of Tax Provisions in Conference Report to H.R. 1, the Stimulus Bill
2009-86	February 13, 2009	Legislative Update: Statutory Language of Tax Provisions in Conference Agreement to H.R. 1, Statement of Managers, and Revenue Estimate
2009-85	February 12, 2009	Legislative Update: Summary of Tax Provisions in Conference Report to H.R. 1 Is Released
2009-84	February 12, 2009	Discussion of Provisions in Protocol to United States-France Income Tax Treaty
2009-83	February 12, 2009	Proposed Regulations Allow Partnership Items to Be Converted to Nonpartnership Items When Involving “Listed Transactions”
2009-82	February 10, 2009	Legislative Update: Discussion of Selected Tax Provisions in Stimulus Bills Approved by the House and Senate
2009-81	February 10, 2009	Legislative Update: Side-by-Side Comparison of Senate and House Versions of Economic Stimulus Legislation
2009-80	February 10, 2009	Temporary Regulations Immediately Modify Application of Section 367 to Cross-Border Stock Transfers to Which Section 304(a)(1) Applies, and Apply Section 1248(a) to Section 301(c)(3) Gain
2009-79	February 9, 2009	Legislative Update: Senate Moves to Adopt Stimulus Substitute
2009-78	February 9, 2009	Legislative Update: Economic Stimulus Bill Has State and Local Tax Implications for Business and Governments
2009-77	February 9, 2009	Final Regulations on Section 367 Gain Recognition Agreements
2009-76	February 9, 2009	KPMG’s This Week in State Tax: Indiana (Use Tax); Multistate (”Amazon Tax” Proposals); Washington (Nexus)
2009-75	February 6, 2009	TIN Matching Program Now Available for Those Subject to Reporting Under Section 6050W
2009-74	February 6, 2009	XBRL Fundamentals and the SEC’s New Rule
2009-73	February 6, 2009	IRS Requests Comments on Future Guidance for Brokers, Transferors, and Others Concerning Rules for Reporting Customer’s Basis in Securities Transactions
2009-72	February 6, 2009	IRS Updates FAQs Concerning Form 1065
2009-71	February 5, 2009	Legislative Update: Senate Continues to Debate and Consider Amendments to Economic Stimulus Bill
2009-70	February 4, 2009	President Obama Signs the Children’s Health Legislation; Tobacco Tax Increase Is Included
2009-69	February 4, 2009	Legislative Update: Senate Rejects Repatriation Amendment, Accepts Other Amendments to Economic Stimulus Bill; Reported Agreement Reached on COD Income Relief
2009-68	February 3, 2009	Legislative Update: Senate Takes up Economic Stimulus Bill
2009-67	February 2, 2009	Treasury Inspector General’s Report on Son of Boss Settlement Initiative
2009-66	February 2, 2009	Legislative Update: Another Proposal to Discourage Ceding of Insurance Offshore
2009-65	February 2, 2009	IRS Guidance on Application of Section 382 to Corporations Whose Stock or Instruments Are Acquired by Treasury
2009-64	February 2, 2009	KPMG’s What’s News in Tax: An Employer’s Duty to Report Information It Can’t Collect Section 304 Is Very Strange “Before” Merrill Lynch and “Before and Thereafter” Gift Card and Gift Certificate Income: Updated IRS Audit Guidelines REITs: Legislative Proposals and IRS Rulings
2009-63	February 2, 2009	KPMG’s This Week in State Tax: Alabama (Addback); Arizona (Temporary Storage Exemption); California (Understatement Penalty); Connecticut (Electricity Exemption)

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