IRS audits rise each year and guide for taxpayers
In 1974 the IRS audited 2,188,000 returns with refunds of 363.5 million and 5.9 billion in additional taxes. Max Poppleton of the San Diego unit explains audits use a DIF formula, auditor review, and possible appeals through supervisors and courts. Attach explanations to unclear entries to avoid audits.
MENTIONED IN THIS ARTICLE
Internal Revenue Service
Max Poppleton
San Diego
Calif
IRS
Poppleton
IRS District Conference
Wall Street Whirl: 2 PM Stock Averages Rally Amid Mixed Quotes
New York Stock Exchange quotes show Dow Jones and broader indices posting mixed gains and losses as large caps like Merck, Pfizer, Coca Cola and IBM trade with notable moves. Traders monitor gains in some industrials while technology and consumer names show uneven performance in afternoon session.
MENTIONED IN THIS ARTICLE
Indus
le PacGas
Wu— VY
LTV Corp
GomSk
LuckStr
VeacPetil BO
Gannett Wo
Lukens
Ecllegy Attace
Va LykeYngie
Panam Air
NEW York (Ap
New York
Macy
MAPCO
HerteHk
Motorola
Jae Wit
Ralston
Hercules
Misttel
RapAm
Raytheon
HewltPk
Nabisco
RCAI
Noernw
NatAir
ReadyCo
AmpexCorp
Houslp
Apeco Corp
Cinds
Ncrcp
Royccol
Stregp
AtiRich
IntHarv
Va AvcoCorp
Avnetinc
Innick
Northro
HelCorp
Bt. NorSim
LevitzFurn
Cibbmcnl
QlinCp
Omark
Airc
Dow
Frnkini
AbbiLab
Te Genesco Inc
Pepsico
GaPac
Soess Pfizer
Gerber
E— Pheipp
GettyOll
Mayto
PhilaEl
Reinalt
Gillette
McDonalds
Phimore
GlobalMare
Bat
McDond
Goodrh
Arizona
Goodyr
MeadCpl
Polaroid
MobilOl
Amax
Giwind
Mohasco
AMBAC
Monson
Jie Ie
Am Motors
Amt&t
Monywil
Natind
Revion
YH Amp Inc
Armco
Niamp
Oya— Ve Asarco
nnMan
Bendix
JonbLogn
Benficp
Jostensib
JoyMtg
BethSil
K — Blackhr
KalsrAl
Boeing
Kangel
BolseCas
Borden
Katy
Ve Kellogg
Kennet L.s5e
Va BuddCo
We Koppersi
Bulovaw
Krafico
Kresger
Bae
Va Burtind
Krogerias
BurlNo
Caropwi
CarrCp
CartWall
CastiCk
Mme Ve Caterpora
CBS
Celanse
Censow L
Chris Craft
Chrysler
Citicorp
E— Clarke
CrownCark
Curtis Wr
Dartind
DaycoCp
Deere
DelMon
Deltadir
Dennys
DetEdis
DiamSh
We DillonCo
Disney
OrPeppr
DowCh
Dresser
EastAirLin
Eaton
Echlin.a
Exxon
FairCam
Fairind
Fedders Co
Feddst
Sila
Silat Va
Stock tickers and prices from American Exchange page
A dense AP type stock page lists noon prices and percentages for numerous firms including Aegis Corp TerraCh AmPetrof2 TesoroPtch and Zimmr Hom among others. The table shows highs lows and percentage changes with many entries lacking complete data.
MENTIONED IN THIS ARTICLE
New York
Ryan H
Exchange
Syntex
Aegis Corp
Asamera
Zimmr Hom
Certron Co
Associated Press
Champ Hom
Cinerama
Con OliGas
Crutch
EarthRest
EssexCh
FedResrees
Gearhart
Goldfield Cp
Houston
Va Instrum Sys
Indiva
LafyRad
Loew Thew
Ltvcorpwt
Marindug B
Vive We Marshalind
McCull Oil
Medenco
Milgo Elect
New Idria
Wa Newpark Rs
Apap N Proc
Ozark Air
Panoceano
Reschei
Phoenix Sth
Commodity Closings in London Market
London gold and other commodities showed varied moves with gold down to 134.75 and 134.40 for IMM and Dec contracts respectively. Silver and copper eased while wheat and corn fell, soybeans slipped, cattle and hogs declined, and eggs and potatoes faced modest shifts as traders noted the market not closed on these items.
MENTIONED IN THIS ARTICLE
London
IMM
Maine
Lincoln Thrift Offices Shut Down by Receiver
Continental Service Corp the receiver for Lincoln Thrift Association has closed most offices in the Valley though the closures are said to be temporary About 15 offices including locations on Scottsdale Road McDowell Road and in Mesa remained unresponsive The Progress reports attorney Edward V Sexton says depositors are in good hands and advises forming an executive board to interact with the courts and Continental Service Corp The auditor for the receivership will take 3 to 5 months to complete with years expected to finish the process Lincoln Thrift is not a bank or savings and loan and is not federally insured Continental Bank is FDIC insured
MENTIONED IN THIS ARTICLE
Poppleton
TRS
Continental Service Corp
Lincoln Thrift Association
Valley
Gene Davis
Continental
Progress
Scottsdale Road
E. McDowell Road
Main and Horne
Mesa
E. Thomas Rd
Phoenix
Edward V
Sun City
Sexton
Lincoln Thrift
Savings and Loan
Continental Bank
Federal Deposit Insurance Corporation
Paseo Village center opens at McCormick Ranch
The Paseo Village shopping center in McCormick Ranch opened Saturday at McCormick Ranch Parkway and Hayden Road. It spans about 9.5 acres with over 96,000 square feet of retail space. Major tenants are on both sides, with Northwestern Mutual Life Insurance owning the center and Kaiser Aetna Life Insurance as leasing agent. A 4,000 square foot restaurant area is available. Current tenants include Alpha Beta Market Kuzin's Gourmet Delicatessen Spirits and Stuff Ranch Hardware Designs Plus Interiors and Gallery The Headmaster's Beauty salon Mary's Emporium LITAC Aquarium Ranch Realty and Sprouse Reitz. McDonald's Restaurant is planned for construction next year.
MENTIONED IN THIS ARTICLE
McCormick Ranch
Paseo Village
McCormick Ranch Parkway
Hayden Road
Kaiser Aetna Life Insurance Co
Alpha Beta Market
Kuzin's
Spirits and Stuff
Shrake's Drug Store
Ranch Hardware, Designs Plus
Mary’s Emporium
Litac Aquarium
Ranch Realty
Sprouse Reitz
McDonald's
Also Mentioned on This Page
Copley News Service
New York Stock Exchange
Dow Jones
American Exchange
Searleg
Rath Sears
Va ShellOi
Wy Sperry R
Va Squard
Squibb
Ma StBrand
StdGilCat
StdOlind
Eye Wa
StaufCh
SterDrug
SunOllir
Wu Ma ThriftOg
Timka
Todd Shipyd
Trans
U—U — Ual Inc
UMC Ind
Unocal
Tava
nNahs
Wachova
Va Warnerl
WasWat
WnAirl
WnBnc
Wunion
WestgEl
Weyerhr
WhelFry
Whittaker
WhimsCo
Winnebago
Madda Trading Company, Inc
Scottsdale
Chicago Mercantile Exchange
Bonafide
Public
E. Mcdowell RD
J. Milton Newton, Inc
Milton Newton, Inc
SCOTTSDALE/SUNBURST HOTEL
North Scottsdale Rd
Financial Center
North Central Ave
St. Petersburg
Miami
Ft. Lauderdale
Orlando
Daytona Beach
Jacksonville
Jackson
Miss
Tucson
Paseo Village Center
Northwestern Mutual Life Insurance Co
Paul Osman Daley
Coolidge & Company
Cleveland
Los Angeles
National Assoc. of Security Dealers
E. Camelback Rd
Bennington
John Stark
Vermont
Burgoyne
Saratoga
E. Earil
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