New IRS Rules Raise Personal Exemption for All in 1972
The 1972 tax year brings higher personal exemptions from 675 to 750 for you, your spouse, and dependents, plus new or eased breaks for servicemen in Vietnam, working mothers, high earners, and political contributors. The article explains short and long tax forms, filing thresholds, and guidance on whether to itemize. It also notes the need to file if withholding occurred, even with low income or no tax owed, to reclaim refunds.
MENTIONED IN THIS ARTICLE
Edmond Lebreton
Associated Press
Washington
Internal Revenue Service
Vietnam
IRS
The
Revenue Service
OEO Director Plans Dismantling and Transfers
Washington AP reports Howard Phillips, new director of the Office of Economic Opportunity, will dismantle the agency by July 1. About 450 poverty workers will be phased out as programs move to other departments, with health, nutrition, and Indian programs to HEW. migrant programs to Labor. and community development to the Office of Minority Business Enterprise pending new legislation.
MENTIONED IN THIS ARTICLE
Washington
Office of Economic Opportunity
OEO
Howard Phillips
Phillips
Community Action
Department of Health, Edu
Cation and Welfare
Department of Labor
Office of Minority Business Enterprise
Legal Services Corporation
Farmers Eye Soybean Prices Amid Market Uncertainty
Washington APAgriculture Department economists will forecast farm soybean prices for next fall but avoid firm figures. The ERS notes demand may keep supplies tight and prices high this crop year while world protein feed prospects and new crop planting muddle next fall’s outlook. Foreign developments and oncoming Brazilian and Argentine crops add to the uncertainty. A separate item reports the Air Force Academy could enroll female cadets in 1975 if a proposed equal rights amendment is ratified by June.
MENTIONED IN THIS ARTICLE
Washington
Agriculture Department
Economic Research Service
Department
ERS
U.S
AIR Force Academy
Colo
U.S. Air Force Academy
A.P. Clark
Clark
Also Mentioned on This Page
Quantico Road
Ringo St
P.se
Farm & Home
Savings
Nevada
Missouri
S. Jefferson
KTVI
St. Louis
KTVO
Ottumwa
Khqa
Hannibal
Komu
Columbia
KETC
WGEM
Quincy
KPLR
KRCG
Jeff City
KCBJ
Columbias
Ledger Office
SEE TV
This is just the beginning! Our collection holds over 300 years of history, including rare newspapers, obituaries, marriage records, birth records, and so much more—most of which you won’t find anywhere else!