HIGHLIGHTS OF THIS ISSUE

These synopses are intended only as aids to the reader in identifying the subject matter covered. They may not be relied upon as authoritative interpretations.

INCOME TAX

T.D. 9408, page 323. Final regulations under section 152 of the Code provide rules relating to a claim that a child is a dependent by parents who are divorced, legally separated under a decree of separate maintenance, separated under a written separation agreement, or who live apart at all times during the last 6 months of the calendar year.

EXEMPT ORGANIZATIONS

Announcement 2008–76, page 393. The IRS has revoked its determination that Family Housing Revitalization Program of Atlanta, GA; Educational Solutions, Inc., of Jacksonville, FL; Western Pacific University of Moreno Valley, CA; Maine Medical Partners of S. Portland, ME; PEP Transportation, Inc., of Decatur, AL; TLAPALCALLI, Inc., of Brownsville, TX; Missing Children Project, Inc., of Monroe, MI; Adair County Rescue Squad, Inc., of Columbia, KY; Credit Counseling Centers of Ohio, Inc., of Las Vegas, NV; and Fishermen’s Hospital, Inc., of Marathon, FL, qualify as organizations described in sections 501(c)(3) and 170(c)(2) of the Code.

ADMINISTRATIVE

T.D. 9407, page 330. REG–115457–08, page 390. Final, temporary, and proposed regulations under section 6081 of the Code relate to the simplification of procedures for obtaining automatic extensions of time to file certain returns. The regulations affect taxpayers who are required to file certain returns and need an extension of time to file.

Announcements of Disbarments and Suspensions begin on page 394. Finding Lists begin on page ii.