Tax Breaks on Support Of Children and Parents
Sylvia Porter explains new 1970 tax rules for foster children and dependents. Foster children may be claimed even with higher gross income under 19 or full-time students. single filers can qualify for head of household rates by supporting a parent in a rest home. camp costs and other support considerations are broadened by tax court rulings. Mortgage assistance payments under Section 235 can be deducted if itemized.
MENTIONED IN THIS ARTICLE
New York
The
Treasury
Tax Court
Department of Housing and Urban Development
End Play Prevents East in Bridge Hand
North led a spade forcing East’s vulnerable bid. South misread holdings and allowed East to win a club trick, losing by one. North explains R for Review of bidding and how South should have counted hearts and clubs to force an end play.
MENTIONED IN THIS ARTICLE
North
East
South
Ace
Rent A Kid Job Program Opens National HQ in Atlanta
Joy Royle founder says Rent A Kid, a federally funded summer work program for low income high school students, will set up a national office in Atlanta this month with a one year $115000 grant from the labor department to coordinate similar groups in about 50 cities. The program rents students for simple tasks like raking leaves mowing lawns and washing windows to earn money.
MENTIONED IN THIS ARTICLE
Atlanta
Joy Royle
Department of Labor
Laff-a-day cartoon caption prompts buck passing joke
In a lighthearted panel, Number One passes responsibility to Number Two, prompting a humorous exchange. The cartoon relies on a classic office dynamic to deliver a quick, punchy joke.
Much-Decorated Admiral Is Dead
Vice Adm. Henry Crommelin, 66, a veteran of World War I, died Tuesday in Montgomery. He earned the Silver Star and seven other medals for service in the Pacific theater.
MENTIONED IN THIS ARTICLE
Crommelin
Pacific
Investor's Guide questions fate of risky holdings and retirement plan
Sam Shulsky advises a 48 year old businessman with substantial assets to reassess an aggressive mix of blue chip and speculative holdings. He suggests shifting toward stable, well established stocks for a safer seven year retirement plan and warns that high risk plays require higher profit targets or acceptance of losses. He notes triple A five year bonds yield about 6 to 7 percent and invites readers to send questions for the column with a self addressed stamped envelope.
Accordion test drew 400 in Des Moines weekend event
About 400 students, parents and teachers travel to Des Moines for the 14th annual Iowa Accordion Teachers Assn contest at Fort Des Moines hotel. Soloists duets and combos compete Saturday with state reps for national competition in accordion guitar and drum.
MENTIONED IN THIS ARTICLE
Des Moines
Iowa Accordion Teachers Assn
Fort Des Moines
Des Moines Tech
Cedar Rapids Accordion Aces
Gerald Boddicker
Cedar Rapids
Louie and
Hi-Lads
Lost Item Wanted Ad Prompt
A concise want ad urges quick action to locate a missing item by dialing 369-1234. The message emphasizes speed and simplicity for recovery.
Also Mentioned on This Page
Sylvia Porter
Research Institute of America
Sylvia
By Oswald
James Jacoby
Lichty
the Investor’s Guide
Sam Shulsky
Standard Oil
California
Kroehler
Burlington Northern
Spring Mills
Q—I
C.R
Kresge Company
Corporation OF America
Kmart
Admiral
the “Philadelphian
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