Plan now and save later on tax deductions
Tax planning focuses on timing deductible expenses to beat the standard deduction. If income rises or falls, shifting medical bills, charitable pledges, and major purchases between years can maximize itemized deductions. Example from Citibank shows moving bills into December to boost 1976 deductions while preserving 1977 tax benefits.
MENTIONED IN THIS ARTICLE
Louise Cook
Associated Press
Citibank
Mother kills children and herself in Schuylkill tragedy
In Philadelphia a 21 year old Melinda Dixon dressed her two children for an outing then threw 9 month old Hazel and 2 year old Frederick into the Schuylkill River and jumped to death. Police say Fred Dixon, serving in Korea, feared she would kill herself if he took the children.
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Philadelphia
Fred Dixon
Korea
Melinda
Schuylkill River
Debbie Dixon
Fred
Lillie Dixon
Dixon
Hazel
Turning Point in 94th Congress Shifts Power Toward Legislature
Washington AP reports the 94th Congress used new budget procedures to set national goals and control spending, signaling a shift away from executive dominance. Scandals and investigations dominated headlines as reforms began, including ethics actions and debates over energy and tax policies.
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Washington
94Th Congress
Legislative Branch
Executive Branch
Congress
Capitol Hill
White House
Way—e
Wayne L. Hays
Ohio
D-Fla
House Intelligence Committee
Daniel Schorr
Schorr
CIA
FBI
Ford
Lack of Mars life may kill third shot
In three months two Viking landers increased Mars knowledge but found no Martians. Doubts about life findings rise as scientists note only two parts explored. A mobile Viking 3 could cost about 1 billion and faces Congress funding hurdles without life proof.
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Mars
Pasadena
Calif
Earth
Hey
NASA
Jim Martin
United States
Congress
James Fletcher
Viking
Auto workers, Ford near contract after late night talks
United Auto Workers and Ford Motor Co bargained late into Sunday night as 170,000 workers in 22 states remained on strike. A union spokesman said negotiations could continue around the clock but likely recess overnight with plans to resume Monday morning.
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Detroit
United Auto Workers
Ford Motor Co
Evans Eyes Work and House After Governors Term
Gov. Dan Evans plans to leave office after 12 years as Washington governor. He worries about finding a job and buying a house while noting his income has risen only modestly from 32 500 to 44 000 a year. He may seek an administrative post at a college or university and favors remaining in Washington.
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Hays
House Administration Committee
Democratic Caucus
Elizabeth Ray
Olympia
Wash
Dan Evans
Overnor
Evans
Seattle
Danny
Mark
Bruce
State of Washington
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