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This newspaper page contains 4 articles. Subscribers can read the full text of each article.
Newspaper
Mexico Ledger
Location
Mexico, Missouri, United States of America
Date
Feb 01, 1977
Page
7
Homeowners pursue city grants under a redevelopment plan to restore houses. Tax rules limit personal casualty losses to $100 per event, with proof required to claim the deduction on the federal return. IRS materials also note that new business applicants receive an employer identification number and IRS explanations at offices or the taxpayer's location.
Carefree Cooler outlines that payments or grants for promoting home owners and restoring homes are part of gross income yet general welfare and non taxable. It advises contacting the local community development agency for details. The piece also notes an inquiry about obtaining an employer identification number and receiving a kit about tax obligations for a new business with no special procedure of the S.
The text explains that broker fees to acquire investment property add to the asset cost and are deductible as miscellaneous on Schedule A. It notes broker fees for bond interest or stock dividends, partial outlines of deductions. It lists non deductible charitable contributions to civic leagues social clubs international organizations communist fronts and business leagues.
Western Channel Islands issue a pictorial stamps set featuring Guernsey landmarks. Spence’s Royal Court House, Elizabeth College, Sark ruler's residence, Alderney's Island Hall, plus wartime and postwar notes. Also covers New Jersey’s Washington crossing stamp and Netherlands welfare stamps with youth designs. Trinidad hero Hasely Crawford stamps noted. Crawford an Eastern Michigan University graduate.
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