Avoiding an Interest Free Loan to Uncle Sam
Tax refunds mean overpayment of your wages during the year. Adjust withholding using Form W-4 to match tax liability, avoiding large refunds or underpayment penalties. Use IRS instructions and worksheet, and consult a tax adviser if needed.
MENTIONED IN THIS ARTICLE
Sam
Uncle Sam
Internal Revenue Service
IRS
McGladrey Hendrickson & Co
Certified Public Accountant
Bruce W. Thee
CPA
Cedar Rapids
the Gazette
Iowa
GNP grows at 7 percent rate in third quarter
Government data show the economy expanding at a 7 percent annual pace in the July-September quarter, a slowdown from a spring surge. Commerce officials raise second quarter growth to 9.7 percent, as inventories build and final sales rise, with inflation at 3.8 percent indicating real gains.
MENTIONED IN THIS ARTICLE
Washington
Treasury
Donald Regan
Martin Feldstein
Commerce Department
GNP
Malcolm Baldrige
Baldrige
Jerry Jasinowisi
National Association of Manufacturers
Michael Evans
Evans Economics Inc
Bloomfield awaits opening of Exchange Bank under new owners
State officials in Bloomfield Iowa said they hope the insolvent Exchange Bank can reopen with new owners by next week. Four or five groups have shown interest in bidding for the bank assets, with asset bids to be opened by this weekend. The bank was declared insolvent last week and closed, with 5000 customer accounts frozen and at least half of deposits hoped to be returned.
MENTIONED IN THIS ARTICLE
Bloomfield
Iowa
Steve Moser
Moser
Thomas Huston
Exchange Bank
Federal Despoir Insurance Corp
Huston
Interest rises and Dow average sinks
The stock market retreated after a Dow record high the prior day as rising interest rates spurred profit taking. The Dow fell 5.90 to 1,243.29 with 91.28 million NYSE shares traded. blue chips such as Minnesota Mining & Manufacturing and United Technologies declined while Williams Cos rose on a $39 a share acquisition.
MENTIONED IN THIS ARTICLE
New York
New York Stock Exchange
Dow Jones
Dow
Minnesota Mining & Manufacturing
United Technologies
Eastman Kodak
Burroughs
Schlumberger
Northwest Energy
Williams
VW cuts 1984 prices adding diesel as standard option
Volkswagen of America will make diesel engines standard on some models for 1984, cutting average prices by about 45 dollars. The Rabbit base price drops 10.5 percent to 6390 with diesel, and the Jetta base falls to 7390 with diesel. Diesel Rabbits achieve 47 city and 61 highway mpg.
MENTIONED IN THIS ARTICLE
Winnebago Industries
Forest City
Cedar Rapids
Bruce McGrath
Pontiac
Center Point Road
Troy, Mich
Volkswagen of America Inc
U.S
General Motors Corp
Ford Motor Co
Small Business Owners Optimistic Despite Banking Slights
Chemical Bank surveyed 1,047 small business owners in New York City and four suburbs. It found 65 percent view banks as favoring big business, but nine of ten remain hopeful about the 1980s, with many choosing self fulfillment over long growth. The profile: college educated men, 51 to 65, household income 60k to 75k.
MENTIONED IN THIS ARTICLE
Christopher Lindsay
New York
Chemical Bank
William H. Wulfing
Chemical
New York City
Wulfing
Kenneth Lipper
Apple cuts Lisa price and sells computer sans software
Apple Computer Inc said it cut the Lisa personal computer price to 6995 dollars for the machine alone and began selling it without software. The software package previously bundled in the 9995 dollar price is now available separately for 1195 dollars.
MENTIONED IN THIS ARTICLE
Cupertino, Calif
Apple Computer Inc
Three Realtor directors named to Cedar Rapids board
The Cedar Rapids Board of Realtors elected Lana Baldus Judy Stevens and Al Wall to three year terms Wednesday and honored 28 longtime members. James Yuill was named Realtor with the longest service at 62 years while William Grunewald and Bob Doolittle marked 45 and 44 years respectively. Other members cited exceeded 30 and 25 years of service including George Erzinger Tom Siamis J Robert Wickersham Earl Miller Thomas F Kelly Homer Carley Thomas J Hoegen John Zachar Jr Donald Fisher Clifford Doe Jim Wyckoff Merle Pratt Bob Gillam Ed Luce Bernie Friedl Wayne Larson Mike Ford Frank C Byers Jr Ernest Hidder Carl Long Louie Scroggins Tommy Tucker Jerry Cox Vernon Brusha and Don Kuhn.
MENTIONED IN THIS ARTICLE
Cedar Rapids
Also Mentioned on This Page
Bloomfield Bank
Standard & Poor
S&p
Winnebago
Van
Apple
Erb
Office Services, Inc
IBM
6Th Street
S.W
Office Services Inc
6Th St
Iowa City
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