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Newspaper
Sidney Telegraph
Location
Sidney, Nebraska, United States of America
Date
Mar 30, 1970
Page
8
Taxpayers ask about casualty loss deductions the $100 rule and deductible amounts after insurance. Guidance covers missing W2s dependent claims citizenship, charitable deductions auto tags and licenses, retirement credits, and filing options for service members in Vietnam, with warnings on taxpayer responsibility for accuracy and cost basis methods for stock splits.
Richard P. Vinal Nebraska district director warns against guarantees by commercial tax preparers that promise audit representation. He notes only attorneys CPAs and certain qualified individuals may represent taxpayers before the IRS. Taxpayers should verify what a guarantee covers and remember they are responsible for return accuracy.
Leadore high school students Pat and Babe rode seven miles to school by horse in the fall while the school bus later replaced the practice. Their families plan to continue riding next spring if trails and weather permit, arguing the ride is faster and preferable to the bus.
Health Tip from the Nebraska State Medical Association advises packing a comprehensive car first aid kit for summer trips. Include triangular bandages sterile dressings splints a blanket a first aid guide a flashlight fresh batteries and highway warning signals for emergencies.
Richard P. Vinal District Director of Internal Revenue for Nebraska warns taxpayers to issue separate checks or money orders when paying two federal taxes at once to prevent billing errors.
Mr. Vinal explains that under separate processing cycles an entire payment may be credited to one tax while the other remains unpaid. If one tax is overpaid, a refund would occur, while a bill would be issued for the second tax. Taxpayers should include their Social Security number or EIN on checks to ensure proper credit. A Nebraska State Medical Association health tip follows on nutrition across ages.
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