Tax reform changes hit taxpayers as 1987 season begins
The 1986 Tax Reform Act shifts many deductions and lowers top rates to 33 percent for 1988. IRA deductions, consumer loan deductions, medical and work expenses, and mortgage rules change, prompting taxpayers to reassess retirement saving, borrowing, and investments. IRS help lines expand, extension options exist, and free tax counseling is available through AARP and VITA programs.
MENTIONED IN THIS ARTICLE
Gary Klott
New York Times
Washington
Herbert Paul
New York
Pecarich
Bernard M. Shapiro
Price Waterhouse
American Association of Retired Persons
IRS
Explicit ads spark Iowa postal complaints in February
Iowa residents filed 150 complaints to post offices in February about sexually explicit mail ads. 124 complaints targeted Instant Action Inc. of Ronkonkoma New York. One Mason City resident shredded the ad and sent pieces to the post office asking for action. Investigators say the mail is not illegal but people can opt out by filling out forms.
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DES Moines
Labor pains halt Des Moines parole hearing
Lalitha Wright a 20 year old Omaha Nebraska woman was rushed to Mercy Hospital Medical Center from a Des Moines courtroom after reportedly experiencing labor pains during a parole revocation hearing. The hearing before Polk County District Judge Anthony Critelli involved a fourth degree theft charge related to a department store doll.
MENTIONED IN THIS ARTICLE
Des Moines
Nebraska
Lalitha Wright
Omaha
Mercy Hospital Medical Center
Polk County
Anthony Critelli
Wright
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