Outside salesmen deduct business expenses on tax forms
Fortunate outside salesmen may deduct as an adjustment to income most ordinary and necessary business costs including automobile and travel expenses, meals, lodging, tips, baggage, laundry, and customer gifts up to 25 dollars per year. Other expenses like entertainment and secretarial costs require itemizing. Two methods exist for auto costs, either total operating costs with business percentage or standard mileage rates, plus parking and tolls.
MENTIONED IN THIS ARTICLE
Newspaper Enterprise Assn
Ex UNC Official Fred Weaver Dies in New Delhi
Former Consolidated University of North Carolina vice president for university relations Fred H. Weaver died at 56 in New Delhi while serving as a Ford Foundation higher education representative. He collapsed during tennis. Memorial services set for 2 p.m. Wednesday at the Episcopal Chapel of the Cross in Chapel Hill. Weaver, an Aberdeen native, was a 1937 UNC graduate and held a master’s from Harvard.
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Chapel Hill
N.C
Fred H. Weaver
Consolidated University of North Carolina
Weaver
New Delhi
India
Ford Foundation
Episcopal Chapel of the Cross
Har
College of India
Hyderabad
UNC
The
Foundation
Graham's Nixon Ties Criticized by Episcopal Leader
Detroit and Ann Arbor copies of a critical article by Rev Malcolm Boyd accuse evangelist Billy Graham of merging church and state power during his Liberia trip with Mrs Nixon and other administrators. Boyd cites White House prayer services as a tool for a comfortable court and argues Graham represents the Nixon Administration in aiding racial inequality.
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Detroit
Mich
Billy Graham
United States
Malcolm Boyd
American Report
Boyd
Ann Arbor
Graham
Liberia
Richard Nixon
White House
Nixon
Meatcutters Accept Kroger Offer in Multistate Pact
Members of Local 305 Meat Cutters Union across Virginia North Carolina Tennessee and West Virginia voted 164 to 21 to approve a Kroger contract delivering a pay raise above 20 percent retroactive to October 23 The agreement mirrors a rejected version with four fringe improvements and maintains a wage differential for 87 North Carolina members Thomas Lane says the union will seek rectification within two years after meeting with a Kroger official in Chicago.
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Roanoke, Va
Meat Cutters Union
Virginia
North Carolina
Tennessee
West Virginia
Kroger
Thomas Lane
Duke Endowment Faces Will Changes Despite Large Assets
The Duke Endowment seeks changes in its 1924 trust when James B. Duke provided income to be distributed. The case, supported by the state attorney general, questions provisions after decades of gifts totaling over 300 million to Davidson College Furman University and others while preserving funds for future generations.
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Duke
Davidson College
Furman University
Johnson C. Smith University
Carolinas
North Carolina Supreme Court
Duke’s Trust
Buck
Durham
American Tobacco Co
U.S. Supreme Court
American Tobacco
Trinity College
Duke University
University
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