INCOME TAX—Cont.

Low-income housing credit:

Emergency housing relief, Wisconsin severe storms, tor nadoes, and flooding (Notice 61) 30, 180 Indiana severe storms and flooding (Notice 56) 28, 79 Iowa severe storms, tornadoes, and flooding (Notice 58)

28, 81 Satisfactory bond, “bond factor” amounts for the period:

January through September 2008 (RR 36) 30, 165 Declaratory judgment suits (Ann 67) 29, 164 Definition of “outside director” (RR 32) 27, 6 Disaster relief, China earthquake, qualified disaster (Notice 57)

28, 80 Disciplinary actions involving attorneys, certified public accoun tants, enrolled agents, and enrolled actuaries (Ann 68) 30, 244 Disclosure or use of information by preparers of returns (TD

9409. 29, 118 ; (REG–121698–08) 29, 163 Expenses, optional standard mileage rates, update (Ann 63) 28,

114 Forms:

1042-S, Foreign Person’s U.S. Source Income Subject to Withholding, specifications for filing electronically (RP 44) 30, 187 8027, Employer’s Annual Information Return of Tip Income and Allocated Tips, specifications for filing electronically (RP 34) 27, 13 Guidance to tax return preparers:

Consents to disclose and consents to use tax return in formation in the Form 1040 series (TD 9409) 29, 118 ; (REG–121698–08) 29, 163 Consents to disclose and consents to use tax return informa tion in the Form 1040 series, update to Rev. Proc. 2008-12 (RP 35) 29, 132 Health Savings Accounts (HSAs), additional guidance (Notice

59. 29, 123 Insurance companies:

Life insurance contracts:

Automatic waiver (RP 42) 29, 160 Closing agreement (RP 40) 29, 151 Modified endowment contracts (MECs), closing agree ments (RP 39) 29, 143 Qualified additional benefits (QABs), closing agreement

(RP 38) 29, 139 Variable contracts, closing agreement (RP 41) 29, 155 Interest:

Investment:

Federal short-term, mid-term, and long-term rates for:

July 2008 (RR 33) 27, 8 Law school Loan Repayment Assistance Program (LRAP), ex clusion from gross income (RR 34) 28, 76 Life insurance:

Premiums by S corporation, effect on accumulated adjust ments account (AAA) (RR 42) 30, 175 Statutory reserves, meaning for multi-state taxpayers (RR 37)

28, 77

2008–30 I.R.B. v July 28, 2008