Expense Account Living Reined In By Tax Reform
Washington AP report details 1962 tax revision limits on expense account deductions. Substantiation required for entertainment travel and gifts. $25 cap on gifts. lavish travel meals disallowed. certain bona fide business discussions deductible. new rules trigger red tape but aim fairness. IRS optimistic on balance between business and taxpayer rights.
MENTIONED IN THIS ARTICLE
Joe Hall Washington
Internal Revenue Service
Congress
Kennedy
Mortimer Caplin
Internal Revenue Commissioner
George Cohan
Caplin
IRS
Plano widow robbed of up to seventy thousand in jewelry
Mrs. C. B. Hasford, 62, says three masked men ambushed her Plano home Wednesday night taking three rings a watch and 1150 in cash valued at up to 70000. The trio bound Hasford his son C. B. Hasford Jr and guest Merle Hannum and fled after an amateurish job. A Dallas pickup was issued for three known hoodlums. one man threatened to wipe out half the town.
MENTIONED IN THIS ARTICLE
Plano
C. B. Hasford
Dallas
Hasford
Lester Robertson
Governor Daniel names several men to posts
Governor Price Daniel named Sam Freas of Livingston as criminal district attorney of Polk County to replace Sidney H Adams who resigned. He filled vacancies in the State Library and Historical Commission and the Public Safety Commission. W R White was named Baylor University chancellor to Historical Commission, succeeding J P Morgan. Fred Hartman of Baytown Sun was named to the Historical Commission, replacing Jake Jacobsen who moved to Public Safety. Jacobsen is a former assistant attorney general and former executive assistant in the governor's office.
MENTIONED IN THIS ARTICLE
Daniel
Baylor University
W. R. White
The
Historical Commission
John P. Morgan
Dallas
Fred Hartman
Baytown Sun
Jake Jacobsen
Austin
Jacobsen
Public Safety Commission
White
Canada chemical sector anticipates strong year
Ottawa reports Canada's chemical industry expects a solid year ahead with steady demand and stable markets. Producers foresee growth in specialty chemicals and allied sectors, supported by stable trade and investment in processing facilities.
MENTIONED IN THIS ARTICLE
Ottawa
Canada
Procrastination Held To Minimum In Matter
Philadelphia reports a Procrastinators Club of America scuffle over a Christmas card dated 1961. Chris Harwood of Wynnewood had his card removed. the board was reprimanded for acting too quickly. Impeachment hearing is set for October 1963.
MENTIONED IN THIS ARTICLE
Philadelphia
UPI
Procrastinators Club of America
Club
Chris Harwood
Wynnewood
Italian city offers free land for industry use
A city in Italy announces availability of land at no cost for industrial development. The policy aims to attract companies, boost employment, and stimulate local commerce with free parcels and streamlined permits.
MENTIONED IN THIS ARTICLE
Rome
Red China Aids Albania Industry in Vienna Speech
Albanian Finance Minister Alek Verli told parliament that Communist China is backing Albania with large industrial investments. Verli said the Soviet revisionist blockade failed to stop Albania's economic development as reported from Vienna on Thursday.
MENTIONED IN THIS ARTICLE
Red China
Albania
Vienna
Austria
China
Aleks Verli
Verli
Soviet Union
Lisa Brewington Returns to Itasca After Holidays
Lisa Brewington heads back to Itasca after spending the holiday season with her parents Mr. and Mrs. Harvey Brewington at 3213 40th St. in their home.
MENTIONED IN THIS ARTICLE
Lisa Brewington
Itasca
Mrs
Harvey Brewington
40Th St
Also Mentioned on This Page
Frigidaire Appliances
Ratner
B. Wda
Appliance Warehouse
By Jo Fischer
Jack Dale
Bob Nash
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