Ed Zollars presents the tax updates for the week ending February 15, 2008. The update includes:

• IRS Press Release addressing some of the logistics of the Economic Stimulus Act of 2008 after President Bush signed law on February 13, 2008.
• IRS released and then indicated to RIA that the values for vehicles eligible for the cents per mile valuation may be incorrect.
• On February 13, 2008, the IRS released the final regulation (301-6020-1) on what qualifies as a substitute tax return
• Court Decision from 10th Circuit Court of Appeals on the timely mailed/timely filed rule
• And much more...