Breen Outlines Federal Estate Tax Rule Changes
Cedar Rapids accountant Maurice Breen outlined new federal estate tax rules at the Cedar Rapids Agricultural Executives Forum. The law defers estate tax payments for 15 years for some family farms and values farms on actual use, with eligibility requiring statements and managerial participation by the willmaker.
MENTIONED IN THIS ARTICLE
Breen
Congress
Cedar Rapids
Maurice Breen
New Estate Tax Law Changes for Small Farms and Estates
The new federal estate tax law expands relief for small and medium estates, with no tax for estates under 129000. It tightens gift incentives and generation skipping benefits, and raises the top rate to 70 percent over five million dollars. Marital deduction rules liberalize and clarify ownership contributions in combined estates.
MENTIONED IN THIS ARTICLE
Breen
Fize
Soviets Do Not Honor Grain Ship Agreement Says Union Leader
Steve Troy of San Francisco, a Seafarers International Union official, accused the Soviet Union of failing to honor the 1972 grain treaty by using few U.S. ships and by undercutting U.S. rates. He cited August and September calls by Soviet vessels to U.S. ports and called for enforcement of the treaty.
MENTIONED IN THIS ARTICLE
Soviet Union
U.S
Evei Ming
Steve Troy
San Francisco
International Union
Troy
Cedar Rapids
Marlon
Hans
St- Alton, Tit
Drouth Stricken Iowa Farmers Missing Federal Aid Discrepancies
Drouth hit Iowa farmers face little federal aid as disaster payment rules favor base acres over planted acres. Don Hoss planted 276 acres but is allotted 160, making him ineligible. neighbor overplants and qualifies. ASCS funds and crop insurance exist, with bills to modify eligibility debated in Congress.
MENTIONED IN THIS ARTICLE
Iowa
Agricultural Stabilization and Conservation Service
Senate Agriculture Committee
Congress
Don Hoss
ASCS
Hoss
Farmers Home Land Administration
van Burer
Davis
Berkley’ Bedell
Auction Notices Across Several Towns This Weekend
Readable fragments show auctions set for Saturday December 22 including items like machinery and farm products. Locations listed include Nevot ny near Draport street Bly and Stacyville Methodist church with additional mentions of Wyoming and Mechanicswite areas.
MENTIONED IN THIS ARTICLE
Mach
Asc
Amiques
Nevotny
Draport
Bly
Lord's Acte Tal
Stacyville Methodist Clmrsk
Peter Ven
Spreesken
Wyoming
Cow Ont Mit
Ben Desnla
Mechanicswite
Delaware and Linn Jones Elected Fair Officers
Delaware county elected officers include President Arnold Stone and Treasurer James Shover with four directors reelected to three year terms. Linn county names new president Willard Goodlove and officer slate including Vice President Johnny Ketelsen and Treasurer John Erbes. New posts and reappointments reflect multi county fair governance in recent weeks.
MENTIONED IN THIS ARTICLE
Fair Board
Delaware County
Jones and Linn County
Jones County
Monticello
Ed L. Helgens
Monticelo
John Shover
Larry Robertson
A. J. H. McNeill
Second View
Claude Appleby
Edythe Satterlee
Manchester
James Shover
Delhi
Delaware Fair
Burdette Wessel
Culesburg
Everette van Note
Masonville
Klein Lubben
Mahlon Peterson
John Graybill
Dick Hood
Delaware Fair Board
Bers
Venture
Willard Goodlove
Central City
Lie Fair
In-Linn Couty
Goodlove
Ernest Dilta
Troy Mills
Johnny Ketelson
Marion
John Erbes
Dale Minor
Chet Bullis
Acres west of Shellsburg farmer reflects on life and politics
George Cunningham, 72, owner near Shellsburg, discusses farming, hobbies like square dancing and roller skating, and politics as a Republican with views on Carter and Grassley. He recalls working as a hired man for 32 years before becoming his own boss near Newhall in the 1950s.
MENTIONED IN THIS ARTICLE
the Gazette
George Cunningham
Shellsburg
Purder
Gore, Therch
Ethel
LoReetha
Hepburn Hentrich
Cedar Rapids
Carter
Ike
Dee
Kennedy
Johnson
Roosavelt
Grassley
Beck
Tarveee
Newhall
Also Mentioned on This Page
Farm News
Lawyers and Accountants
Miachanics
Iren Liban
Baigh
Seling Farm Macinery
Hopehold Goods
Anfoie
Ban Dennis
Cherk
Union Trust & Serings Bark
Leonard Cotter
Jack Shepherd
Larylee
Maechonicaville
Hitch
Sheilsburg
Linn
Jones
Delaware
Fair
DAL Equipment CO
Marion and
Mariccelic
By AI Swagle
ANT
16Th Ave
Gold Bell Brand
Wintuk
Johnson's
Erie
Monin Op
Excallee
Lardther
Beauly
Denim Jeans
Papador Aim
Breck
OPENO
Coum
Greci Rinse