IRS proposes strict rules on educational expense deductions
The IRS proposes tighter limits on deducting educational costs. The new rule would bar deductions for courses aimed at obtaining a degree or diploma, except certain keep‑skills training, effective January 1. Existing rules may allow deductions for maintain‑skills courses like pediatric updates for doctors.
MENTIONED IN THIS ARTICLE
Washington
UPI
Internal Revenue Service
Federal Register
IRS
Surveyor I camera tests reassure lunar project team
Pasadena engineers declare Surveyor I healthy and ready after a test sequence at Goldstone. The 620 pound craft produced 24 photos showing camera function including mirror elevation, azimuth movement, filters and focus amid extreme cold. Scientists plan further images as shadows lengthen with dusk.
MENTIONED IN THIS ARTICLE
Pasadena
Calif
Surveyor
Jet Propulsion Laboratory
Goldstone
Lunar
Hub Lions Club Airshow Draws 100 Planes Sunday
More than 100 antique and amateur-built airplanes are expected to be on hand Sunday for the Hub Lions Club Airshow at Town and Country Airport southeast of Lubbock. Promoter Bill Wilkerson and airport manager Dick Felts have organized the event with preshow publicity signaling a strong field for best-in-show trophies. Lions Club tickets cost 1 dollar in advance or at the gate. children under 12 admitted free, with proceeds supporting club projects.
MENTIONED IN THIS ARTICLE
Hub Lions Club
Lubbock
Bill Wilkerson
Dick Felts
National Aviation
Seagraves Man Named President of Portales Bank
Richard S. Blackmore is named president and CEO of the First National Bank at Portales New Mexico. He will assume duties August 1. Portales bank control changed hands with Edwin E. Merriman J W Smith and Hugh Newton of Lubbock joining the board alongside Blackmore.
MENTIONED IN THIS ARTICLE
Seagraves
Richard S. Blackmore
First National Bank
Portales
N.M
Portales Bank
Edwin E. Merriman
J. W. Smith
Hugh Newton
Lubbock
Blackmore
Smith
Shallowater
First State Bank
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