Tax strategy hints at new dependent deduction for elderly parents
New tax rulings grant a $750 dependent deduction and a $30 credit for taxpayers who support their parents. Medicare benefits are excluded from total support, allowing many to qualify even when hospital bills and Social Security affect the usual support calculation. Immediate action to list qualifying items and ensure more than half support before year end.
MENTIONED IN THIS ARTICLE
New York
Prentice-Hall
U.S
Support for prepaid medical care tax tricks in 1975
A 1975 ruling allows deducting prepaid medical expenses in the year of payment when prepayments secure lifetime medical care. If a nursing home requires prepayment for admission, obtain a year-end statement separating ordinary from medical care for potential tax savings. Also notes a tactic to claim medical deductions when supporting a parent by paying their medical bills in 1975, while they cover non medical costs. Monday: Round-up of other dollar saving strategies.
Forty years later a bridge bid suggestion in charity game
The article revisits Oswald Jacoby’s idea that when your hand is worth only one bid after your partner opens you should raise if feasible. It analyzes a spring charity hand where North has a one bid and explores outcomes when South replies and plays against various defenses leading to possible four to six level contracts. East leads a diamond and the defense tests the heart game, with South likely reaching game or higher by bidding longest suit and pursuing natural progression.
MENTIONED IN THIS ARTICLE
Oswald Jacoby
North
South
West
East
Fighting at South Boston High Ratchets Tensions in City
At South Boston High School, fighting broke out between black and white students on Wednesday, resulting in eight arrests and minor injuries to several students. Authorities cited ongoing tensions since court-ordered integration began last September and warned more arrests could follow.
MENTIONED IN THIS ARTICLE
Boston
South Boston High
Boston City Hospital
Lic
Broadcast Schedule Fragment From Des Moines Area Stations
A partial OCR style listing shows time slots and station call signs such as WQAD Moline KCCI Des Moines KCRG Cedar Rapids KROC Rochester and others. Entries include program names like Barnaby Jones Police Story Gunsmoke and News with assorted numeric codes and 8 30 times.
MENTIONED IN THIS ARTICLE
KCCI
Des Moines
WQAD
Moline
KCRG
Cedar Rapids
KROC
Rochester
KIN
Iowa City
Also Mentioned on This Page
Morrow
Prentice- Hall
Sylvia
By Oswald
James Jacoby
South Boston
Norfolk
Royal Gov. Dunmore
S. S.W
Purple Cow
North Liberty
Television
Hillbillies
WMT
Rock Island
Ames
Davenport
KWWL
Waterloo
LaCrosse
Big Eddie
ABC
Wonder Oman
Son
Wash
Man
Wall Street
Waterk
Beiderbecke
Barnaby Jones
Commanders
Ficken’s
Don Geater
Bob Tischer
Hiawatha
Lancer Lanes
St. S.W
Public
Public Radio
University of Northern Iowa
Cedar Falls
Iowa
Orrjat Valenta’s TV
Sylvania
Compact Audio Systems
Valenta
B Ave
Dinner Theatre
Supper Club Convention
Town Rd
Eyewitness News
Hollywood Squares
Rich Little
Paul Lynde
Joan Rivers
Leslie Uggams
Jill St. John
Martin Landau
Barbara Bain
Pete
Bonnie and Clyde
Ultimate
Larry —_Highthew
Denny Frary
Bob Brooks
Chamber of Horrors