Page 3 of 28 Mar 1971 Issue of Racine Journal Times Sunday Bulletin in Racine, Wisconsin

Racine Journal Times Sunday Bulletin March 28, 1971 Page 3 old newspaper archives

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Racine Journal Times Sunday Bulletin (Newspaper) - March 28, 1971, Racine, Wisconsin The Martinsburg monsters1 Kacin sunday bulletin o a Shedoy Morel. 2b. 1971 computer Bank is called upon to process income tax returns by Craig Ammerman Martinsburg w. A. Apr armed with a Complex of computers and a system of Cross checking that explores angles by the. Thousands Uncle Sam keeps close watch Here Over his 95 million taxpayers. Four Modem computers spend every minute of the year continually pouring Over the returns filed by american to breadwinners. And with tax time at hand and about half of the country yet to file the machines at the National computer Center Here the Pride and chief detective of the International Revenue services Are whirring away to pay refunds process returns and catch citizens who make mistakes either honestly or otherwise. Simple Structure the irs has entered its income tax memory Bank in a one Story Plain looking Brick building outside this Eastern West Virginia town since 1962. The system that has evolved is staggering and has saved the nation hundreds of millions of dollars according to Center officials. The tax return being filed by the taxpayer first goes to one of seven regional centers where the most vital information is placed in magnetic tape and sent to what employees Here Call the a Martinsburg ?� in the next 3 years before r has kicked off magnetic tape for storage elsewhere every taxpayer to return will be sent through suspecting computers almost 200 times. Tax returns Are fed through the computers from 86 million individuals and 9.2 million businesses. Staff of 275 the computers to jobs Are Many and Are overseen by a staff of 275 trained technicians who program the prodigious memory Banks for continuous operation. In fact not an hour has been lost in the past seven years. A owe can perform numerous functions and provide information for about every taxpayer in the country a assistant director de Hieronymus said. Every saturday morning a new Cycle is begun at the Center As the too million accounts move from master a files through the ism 360 computers. Entries Are made each week on about five million returns. They can constitute filling in this year to return making out a refund and recording it on the tape or checking some suspected irregularity. On each individual to file Are total income occupation tax paid deductions and whether the taxpayer got a refund or not for each of the last three years. That information takes All of .484 of an Inch of tape to record and store. On one reel of tape the computer Center can store returns which would fill a Normal sized file Cabinet. Special attention any taxpayer whose return is different from those in his class is immediately singled out for special attention. For instance a return list ing $6,500 income and $2,000 in payment to charitable organizations is immediately spotted by the computer. If a taxpayer does no to earn interest from a saving account this year after collecting considerable interest the several years before he too would be singled out. Persons in High income brackets Are among others who normally get special attention. The computers have also been Given some credit for cracking Down on persons making Money in racketeering and other illegal ventures. Second look Hieronymus said by developing trends and programs the computers can single out specific returns that look suspicious and Forward them to special investigators for a second look. Officials estimate the computers have pulled together information on 4,000 racketeers. Doctor to incomes Are lined up against others in their profession to compared deductions income and expenses. The same is done on other professions. Many of the errors discovered Are not intentional. A owe have people who always write Down the wrong social Security number and countless thousands who can to add a Hieronymus said. In 1969 alone there were five million individual tax returns which contained mathematical errors. At least two million were not self serving they contained $136 million in overpayment in those cases Hieronymus said refunds Are Given or a taxpayer to half Inch of magnetic tape is credited. Toll As memorial each ship on the Potomac River As it passes mount Vernon tolls its Bell in solemn remembrance of the Man who led his country in both War and peace. Dance nothing else comes it close. $ Call 632-4417 suddenly you re in touch with new friends Arthur Murray experts can unlock that door to an All new More outgoing you one personal demonstration for you or both of you is All the proof you Tell need. Join the fun people at your Arthur Murray dance studio. And you la never be bored again your first Steps Are on us Arthur Alibi Ray franchised dance studios Quot _ 413 sixth St. A Racine open monday thru Friday a 12 Naan til 9 . You just Lay Down free yourself from backbreaking Drudgery eliminate Guesswork and have the Best looking Lawn in your Block. Let the automated Lawn a mat service take Over. We re experts doing the work of Many gardeners. And we Promise results you can see introductory special Lawn conditioning special mat for up to 4,000 so. It. Area a Power aeration a fertilization 32-7-5 Vav micronutrient a seeding i la. Per 1 ,000 so. It a Power rolling per. So. It. 4,000 so. It. Min. A Power aeration a fertilization 32-7-5 a micronutrient a seeding i la. Per 1 too so. It a grub proofing a spot Weed control a Power rolling full year s program. Quot greens keeper care Complete Lawn service 4 times a year Spring a Power aeration a fertilization 32-7-5 a micronutrient a seeding 1 la. Per 1 too so. It a pre emergent crab grass control a spot Weed control a Power rolling Early summer a fertilization 32-7-5 a micronutrient a grub proofing a chinch Etoir control a Sod web worm control a Weed control a Power rolling 3 per so. It. 4,000 so. It. Min. Summer a fertilization 38% of a chinch Bug control a Sod web worm control a fungus control a crab grass control a Weed control a Power rolling fall a Power aeration a fertilization 32-7-5 a micronutrient a seeding 1 la. Per 1 ,000 so. It a spot Weed control a Power rolling for free estimate Lawn a Matt the automated answer to great looking lawns Call daily amp sunday Lawn a mat of Racine Kenosha Racine amp Kenosha 6303 22nd ave. 637-6131 657-3900 Kenosha wis a othe grass is Greener on our Side ring there is evidence that individuals posing As Quot Bank examiners Quot or Quot Federal agents Quot Are attempting to defraud customers of financial institutions. These swin idlers possess false credentials and will Contact their intended victim either by phone or in person. A typical method of operation is As follows they will claim to be investigating an Quot irregularity Quot or Quot dishonest employee Quot and will ask for your help. They will ask you to withdraw a Large sum of Money from your account in Cash so they can Mark the currency or list the serial numbers for their investigation. They May offer to pay you a fee of up to $100 for your help. When the Money is brought to them they will Promise to return it to you As soon As they have completed their investigation. After they leave they will not. Be heard from again. Bank examiners and Federal agents will not Contact Bank customers regarding Bank accounts of you should receive a Telephone Call or a visit by persons identifying themselves As Quot Bank examiners Quot or Quot Federal agents Quot Tell them nothing and notify an official at your Bank immediately. This message sponsored by a american Bank and Trust company a Bank of Elmwood a Farmers and merchants Bank a first National Bank and Trust co. A heritage Bank a North Side Bank a Racine county National Bank a Security National Bank a West Racine Bank

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