Itemizing Deductions Guide for 1974 Tax Returns
IRS guidance compares itemized deductions with standard deduction, noting the 15 percent standard and $2000 ceiling. It advises calculating both methods, highlights key itemizable costs such as charitable gifts and medical expenses, and explains deduction rules for mortgage, taxes, transportation, taxes, and investment-related expenses. It warns against improper tax table adjustments and suggests professional advice for home office deductions.
MENTIONED IN THIS ARTICLE
IRS
Common Cause to turn its reforms toward White House
Common Cause plans a two pronged attack on the executive branch and presidential selection. The watchdog group will monitor agencies such as the Energy Administration Environmental Protection Agency and Nuclear Regulatory Commission while publicizing findings and pursuing reforms to curb waste and influence shaping grants and contracts. Gardner says experts will be consulted and one or two changes pursued.
MENTIONED IN THIS ARTICLE
Don McLeod
Washington
Common Cause
Citizens Group
Congress
White House
Executive Branch
John W. Gardner
Gardner
Federal Energy Administration
Environmental Protection Agency
Bureau of Land Management
Nuclear Regulatory Commission
Sacrifice Demanded as US Budget Sees Tight Times Ahead
AP analysis notes the Ford administration calls for sacrifice amid a grim budget. It forecasts 8.1 percent unemployment, 11.3 percent cost-of-living rise, and a 3.3 percent fall in GNP. A $94 billion Defense budget and a $52 billion deficit loom for fiscal 1976, with total debt near $86.5 billion. The piece warns of fiscal strain and debates on deficits versus inflation.
MENTIONED IN THIS ARTICLE
John Cunniff
New York
Defense Department
Congress
Ford
Language Education Denied in 323 Districts, HEW Says
The Department of Health, Education and Welfare says 1.1 million children of Spanish, Indian and Asian descent may be denied bilingual education in 323 districts. HEW has asked 26 state education chiefs to collect enrollment and instruction data within 45 days as part of a national civil rights probe. Plans extend to New York City and later Chicago, Houston, Los Angeles and Philadelphia with multiple states named.
MENTIONED IN THIS ARTICLE
Janet Stashar
Associated Press
Wester Washington
Department of Health, Education and Welfare
HEW
Office For Civil Rights
Jor
New York City
Chicago
Houston
Los Angeles
Philadelphia
Alaska
Arizona
California
Colorado
Connecticut
Florida
Kansas
Illinois
Louisiana
Maryland
Michigan
Nebraska
Nevada
New Jersey
New
Drug pushers reported to seek DAY or NIGHT contact
High Point Citizens Committee Against Drug Abuse urges the public to report any facts that help identify a drug pusher. Citizens are told they need not reveal their identity and that calls cannot be traced. The notice emphasizes cooperation with local authorities.
MENTIONED IN THIS ARTICLE
High Point Citizens Committee Against Drug Abuse
Also Mentioned on This Page
High Point Enterprise
Edmond le Breton
Washington (Ap
Internal Revenue Service
Liberal
Tae
K Mart
Capehart
Our
aCuston
Inting
Eneque
Ancrey Te Loty
Mozambique
The
Cumberland
Colonia
Solid State
Clematte
Beart
Mexico
North Carolina
Ohio
Oklahoma
Oregon
Pennsylvania
South Dakota
Texas
Utah
Virginia
Wyoming
Peter E. Holmes
U.S. Supreme Court
San Francisco
Lau
High Point
N. Main
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