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Newspaper
Clifton Record
Location
Clifton, Texas, United States of America
Date
Mar 27, 1975
Page
2
Merchants report a rising bad check problem driven by economic strain and lax attitudes. The article argues this overhead costs consumers, harms business viability, and requires merchants to pursue restitution while urging greater merchant vigilance and stronger law enforcement.
Clifton residents await a new West Street railroad crossing and the Farmers State Bank home on West Street. The city also acquires a used 1966 street sweeper from Marlin, while water and sewer bond votes in Hico draw attention as debt plans expand. The Itasca Item and Clifton Record celebrate long-standing local papers.
Courthouse records list numerous property transfers including Stillman Nicholl Jr and Debbie Nichols and H D Dozier and Ruby Dozier to various buyers across Lake Whitney Cranfills Gap and Meridian. New cars registered include 1975 Fords and a Mercury for Clifton Waco and Dallas entities.
Bosque County reports January sales of United States Savings Bonds totaling 12 891 toward a 1975 county goal of 160 000 and Texas statewide sales for the month at 23 290 606 against January 1974's 21 189 711.
Sam Logan tells Madisonville readers that ads keep the newspaper affordable and payrolls covered. He says Clifton Record is 80 years old thanks to business support and urges readers to use local advertisers. Texas Outlook notes the penny price comparison at drugstores.
Beef prices ease as supplies stay plentiful per Mrs. Gwendolyne Clyatt with emphasis on value meats. Fryer chickens, eggs, and cheese remain affordable while fruits and vegetables show stable prices. shoppers urged to buy extra fryer chickens for freezer as summer prices may rise.
The Waco Internal Revenue Service office will extend hours to 5 p.m. on weekdays during the filing period and to 6 p.m. until April 15. A Saturday 9 a.m. to 2 p.m. session is set for April 12 to aid taxpayers. The office at 711 Washington Ave. saw over 2,300 visitors in February.
IRS district director Howard C. Longley says retirees receiving disability payments in lieu of wages may exclude up to 100 dollars of monthly disability income from taxation. Some may also claim refunds for prior years if disability payments were taxed. Eligibility lasts until employer mandated retirement age, often 65, with claims on Form 1040X and refunds due within three years.
A Texas Agricultural Extension Service specialist urges families to create a filing and record keeping system. She recommends separating receipts into expense categories and totaling them at year end to gauge deductions and future budgeting.
Texas A&M economist Dr Hayenga explains income averaging for farm and ranch income. Taxable 1974 must exceed 30 percent of the prior four years combined. Capital gains from livestock can be included. File Schedule G and 1040 by March 5, with final if estimates were filed by April 15.
Helen C. Aars Easter Seal Representative calls for increased public support for the Easter Seal Society of Texas. The program provided treatment and services for 20 152 physically handicapped people last year and aims to expand to reach more Texans including children and adults eligible for help from any source. Aars is the contact for services and notes the nationwide effort continues through Easter March 30.
Taxpayers inquire how to obtain more time to file their tax return. Instructions mention Form 4868 for an automatic extension and required estimated tax payments to avoid penalties.
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