IRS warns on tax rebate errors as million returns flagged
The IRS reports over 1 million tax returns contain errors tied to last year's tax rebate checks. Common issues include entering full rebate amounts on the line, dependents qualifying only if listed in 2000 but not 2001, and miscalculation of the credit. Assistance is available at irs.gov and the Douglas County Senior Center in Lawrence through April 11 with volunteer help.
MENTIONED IN THIS ARTICLE
IRS
Internal Revenue Service
Irs.gov
Douglas County Senior Center
Sue Himes
Sue Himes, A Volunteer, Above Left
Julia Christie
Lawrence
Jobless claims fall signaling potential recovery
The four week moving average of new unemployment claims slipped to 376000, the lowest in six months, suggesting the economy may be exiting recession. Economists say the trend shows improvement, though the strength of the recovery remains uncertain according to Clifford Waldman.
MENTIONED IN THIS ARTICLE
Labor Department
Clifford Waldman
Waldman Associates
Dell posts profit increase in fourth quarter
Dell Computer Corp. reports a 5 percent rise in fourth quarter profits to 456 million dollars, or 17 cents a share, matching Wall Street expectations. Revenue fell 7 percent to 8.06 billion dollars as year-ago sales were higher.
MENTIONED IN THIS ARTICLE
Dell Computer Corp
Wall Street
Dell
Thomson Financial
First Call
Air Midwest to end Lincoln Kansas City service
Air Midwest Airlines will discontinue its three daily Lincoln Nebraska to Kansas City Missouri flights after Saturday. US Airways Express, operating the route, cites higher costs and the need to return 19 seat turboprop aircraft. Kansas City airport manager sees little impact for travelers.
MENTIONED IN THIS ARTICLE
Air Midwest Airlines
Lincoln
Neb
Kansas City
US Airways Express
David Castlebetter
Air Midwest
Mesa Air Group
Andersen seeks to reassure accounting professors on campus
Andersen will hold a 1 p m conference call with professors led by CEO Joseph Berardino and managing partner Terry Hatchett to discuss the firm's role as Enron auditors. About 10 KU students are slated for Andersen jobs this fall as the Big Five firms recruit from campuses.
MENTIONED IN THIS ARTICLE
Andersen
Mount Oread
Joseph Berardino
Terry Hatchett
Enron
Andersen Partners
Lawrence
Kansas University
Grover Wray
Bill Fuerst
Fuerst
U.S
David Duncan
Texas A&m University
Houston
Jim Heintz
The
Business School
Wray
Gallery moves from downtown Lawrence to warehouse space
Vormehr and Youngquist Gallery will relocate from 914 Massachu setts Street to 2859 Four Wheel Drive No 3 in a 1100 square foot retail space. Co owner Vicki Vormehr cited high downtown rents and limited parking plus stronger profits at art shows as reasons for the move. The pair will keep gallery walks and continue traveling to sell art after the relocation. Their Sturgis Motorcycle Rally sales in Deadwood were a standout, though not as large as their usual year.
MENTIONED IN THIS ARTICLE
Vicki Vormehr
Gail Youngquist
Vormehr & Youngquist Gallery
Mass
Fourwheel Drive
Massachusetts Street
Vormehr
Ninth
Massachusetts
Youngquist
Kansas City
Lawrence
Four Wheel Drive
No. 3
Gail
Sturgis
South Dakota
Deadwood
S.D
Vermehr
Regulators move against Miss Cleo psychic hot line
FTC and Florida regulators sue Access Resource Services and Psychic Readers Network in Fort Lauderdale to shut down the service over alleged fraud and deceptive billing. Miss Cleo spokeswoman Youree Dell Harris faces separate scrutiny as critics press to prove her Jamaica origins.
MENTIONED IN THIS ARTICLE
Washington
Miss Cleo
Federal Trade Commission
Access Resource Services Inc
Psychic Readers Network
Fort Lauderdale
Fla
Florida
Youree
Dell Harris
Cleo
Jamaica
Harris
Sean Moynihan
FFC
Arkansas
Illinois
Missouri
New York
North Carolina
Oklahoma
Pennsylvania
Wisconsin
FTC
Local Market Quotes From Various Elevators and Metal Prices
As of Thursday close courtesy of Ottawa Cooperative Assn and local elevators, wheat prices range from NA to 2.68 per bushel with corn around 1.82 to 1.87 and soybeans about 4.09 to 4.14. milo mostly 1.77 to 1.82. USDA loan payments for soybeans show 1.14. nonferrous metals price updates list lead 29.3 cents, aluminum 63.3 cents, copper 79.0 cents, zinc 40.13-40.63, gold 299.00 per ounce, silver 4580 per ounce, mercury 150 per 76 lb flask, platinum 450-469 per ounce.
MENTIONED IN THIS ARTICLE
Ottawa Cooperative Assn
Ottawa
Milo
Edgerton
Overbrook
Midland
Lawrence
Pauline
New York
London
Handy & Harman
Also Mentioned on This Page
Aviation Air Midwest
Ljworld.com
Journal-World Wire Services
By Matt Merkel-Hess
Main Street
Lawrence Riverfront Plaza
Sixth
New Hampshire Streets
Matt Merkel-Hess
USDA
St. Joseph
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