1976 Tax Credit Rules For Exemptions and Deductions
Taxpayers may claim a 1976 general tax credit of 35 per exemption or 2 percent of taxable income up to 180, whichever is larger. Compute tax due first, then enter the credit on line 17, subtract from tax due, with a possible zero result. Sanitation fees tied to real property taxes are nondeductible. Checkoff for Presidential Campaign expenses has risen to over 95 million since 1972, with 33 million from 1975 returns.
Federal ruling ends license suspensions for refusals
The 1st Circuit Court of Appeals ruled that Massachusetts drivers may not have licenses suspended for refusing a Breathalyser test. The decision, in favor of Donald Montrym, could restore driving privileges to about 1,000 affected drivers and affects roughly 7,000 refusals yearly.
MENTIONED IN THIS ARTICLE
Massachusetts
1St Circuit Court of Appeals
Donald Montrym
Acton
Montrym
Massachusetts Registry of Motor Vehicles
Texas to file sales tax returns yearly for small retailers
Texas officials announce an automatic computer system to calculate penalties and interest on sales tax audits, cutting processing time and errors. The state also raises the yearly filing threshold from 100 to 300 dollars, allowing about 20,000 more permit holders to file annually.
MENTIONED IN THIS ARTICLE
Austin
Texas
Snakes Never Close Eyes Says Eye Anatomy Note
A zoological fact explains snakes lack eyelids so their eyes remain open. The note clarifies eye protection relies on scales and a transparent spectacle covering the eye.
When Problems Arise How to Talk to Your Bank
Willis W. Alexander explains how to resolve banking issues by using designated bank officers. Stay with one bank, keep organized records, bring relevant documents, and build familiarity to speed solutions.
MENTIONED IN THIS ARTICLE
Willis W. Alexander
American Bankers Association
Ancient legend and loan advice mix in a bank guidance note
An article blends an ancient Iranian legend with practical banking tips. It urges readers to bring loan documents to banks, discuss refinancing or debt consolidation, and seek help to avoid surprises. It explains reasons for loan denial and how to improve credit ratings with the loan officer’s guidance.
MENTIONED IN THIS ARTICLE
Garden of Eden
Adam
Eve
Serpent
Gabriel
Credit Bureau
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