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Newspaper
Graettinger Times
Location
Graettinger, Iowa, United States of America
Date
Mar 22, 1973
Page
6
Senator Berle Priebe reports a busy district week with focus on grain transport and road funding, notes support for Sunday liquor sales, and discusses abortion, school funding, IPERs, property taxes, pheasant season limits, and a weekly newsletter. Veterans questions cover life insurance dividends, GI Bill benefits, and housing loans programs.
A Civil Rights Commission briefing on White Racism And Me opens the Washington tour. National United Methodist Youth Fellowship officers lead Legislative Affairs briefing. Evening at Hogates Restaurant, wax museum visit, and Lincoln Memorial devotions follow. Saturday visits White House, Gettysburg, and historic sites led by Melvin Sargeant with youth returning via major highways. Sunday worship at 10:00 am then travel home. parents question if eyes will be opened in class Monday at 8:30 am.
The IRS warns taxpayers to never sign blank or pencil prepared returns and never have refunds mailed to the preparer. Avoid advisers who guarantee refunds or take a percentage, or push inflated deductions or fictitious dependents. Require the preparer to sign and provide a tax ID, and keep copies for records. Also read rules on deducting finance charges for department store revolving accounts and bank credit card plans.
The guidance explains deducting interest when installment plan charges are not clearly listed, recommending the lower of 6 percent of the average unpaid monthly balance or the actual yearly charge. It cites IRS Publication 545 and suggests using the tax forms order blank to obtain a free copy.
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