New expense account rules outlined for records and waivers
The article details new IRS requirements for travel and entertainment deductions. Taxpayers must keep contemporaneous day by day records for three years, with allowed diary substitutes and per diem limits. Employers face lighter rules for small travel costs, but detailed vouchers and receipts are required for entertainment, lodging, gifts, clubs, and attorney expenses.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Caplin
New York City
Gay's Express Builds $135,000 Terminal on U.S. 7
Gay's Express of New England is erecting a 135000 dollar terminal on a 14 acre site atop Harwood Hill three miles north of Bennington on U S 7. The one story concrete block building will house 21 tractor trailer units and feature four double loading bays with electric dock ramps and radiant heating. The terminal will serve as a haulage hub feeding long haul trucks to Philadelphia Boston or Greenville Texas and will replace the old 212 Ben Mont Avenue depot.
MENTIONED IN THIS ARTICLE
Gay's Express
New England
Harwood Hill
Bennington
U.S. 7
Anthony C. Lombardo
Jefferson Ave
Vermont
Philadelphia
Boston
Greenville
Texas
Ben Mont Ave
Gay’s Express
A. B. Gay
Randolph
Robert
Gay’s Express Co
Buckler
1962 Year in the Soviet Union Mixed But Notable
UPI reports 1962 brought belt tightening, space milestones, and tense moments over Cuba. Khrushchev’s handling of crises, a space duo Nikolayev and Popovich, and a Mars probe marked gains, while price hikes hit meat and dairy. Berlin and Laos politics lingered unresolved.
MENTIONED IN THIS ARTICLE
Moscow
UPI
Cuba
Nikita Khrushchev
U.S.S.R
Andrian Nikolayev
Pavel Popovich
Mars
Khrushchev
Soviet Union
Arctic
Laos
Pravda
U. S
Kennedy
Cuban
Anasas Mikoyan
Havana
Fidel Castro
America
Tax Cuts Would Boost Housing Starts
Dr Gordon W McKinley of F W Dodge Corp tells the National Association of Home Builders in Chicago that cutting income taxes early in 1963 could raise housing starts to over 14 million units in the second half of the year. He cites 1.4 million private nonfarm units as basic demand and warns that heavy taxes hinder growth, urging tax reductions to spur housing, jobs, and incomes.
MENTIONED IN THIS ARTICLE
F.W. Dodge
Chicago
National Association of Home Builders
Gordon W. McKinley
F. W. Dodge Corp
McKinley
United States
Congress
Tourists Revive Old River Port in Arkansas City
Arkansas City aims to recreate its historic Mississippi River port era from 1875 to 1925 to attract tourists. The project focuses on preserving the town’s past with sternwheelers gone, timber stacks and cotton bales a memory, as residents lead a DIY restoration to draw visitors and economic activity.
MENTIONED IN THIS ARTICLE
Arkansas
Mississippi River
New Brazil Churches Fund Raised by 44 Ministers
The Methodist Church reports a 44 minister evangelistic mission in Brazil raised 1000 dollars to build three small churches in the Brazilia area. Kansas City’s Mississippi River port history notes severe floods in 1927 and gradual decline, prompting renewed hope to restore historic buildings and revive the town’s port-era character.
MENTIONED IN THIS ARTICLE
Nashville, Tenn
The
Methodist Church
Brazil
Brazilia
Kennedy urges nationwide Emancipation Proclamation centennial ceremonies
President Kennedy asks all states to observe next year’s 100th anniversary of the Emancipation Proclamation with national or local ceremonies. He calls citizens and officials to pursue full rights for all, noting Lincoln signed the document on January 1, 1863 and that it began the end of slavery.
MENTIONED IN THIS ARTICLE
Palm Beach, Fla
Kennedy
United States
Abraham Lincoln
Lincoln
Orthodox Count Estimates Reach Across Global Faiths
Estimates from the Catholic Digest put Eastern Orthodox Christians at 144 to 172 million, with Protestants around 270 million and Roman Catholics about 500 million. The figures reflect global adherents across major Christian denominations.
MENTIONED IN THIS ARTICLE
New York
Catholic Digest
Also Mentioned on This Page
X Corp
Smith
H. Greenberg & Son
Haln Street
Bennington, Va
Jacksonville Wood Products
Jacksonville
By Warren Buckler
Lombardo
Lombardo Pre
Alvin R. Holmes
Gay's
Gay’s
Bellows Falls
Burlington
Rutland
White River Junction
Framingham
Mass
Hartford
Dean Yarnall
D. & D. Jolivette
Reds
China
India
Berlin
Arkansas City, Ark
New Brazil Churches
Kansas City
Mississippi
Arkansas City
U.S
Mark Emancipation
Liggett Bosworth
Sales & Service
North Bennington Road
Bennington, Vt
First National
S&h
Pratt ST
Roofing & Sheet Metal CO
Philco
Main St
Gerald E Morrissey
General Contractors
Beech ST
Tastor, NN
Mois
A. J. Dewey & Sons
McKinley St
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