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Newspaper
Syracuse Herald Journal
Location
Syracuse, New York, United States of America
Date
Mar 17, 1997
Page
13
3M will modify C Cel Q sponge packaging to avert more than 300 layoffs at its Tonawanda New York plant after an EPA order to stop sales due to germ killing claims. The EPA later rescinded the order following label changes. Michael Miller, Tonawanda plant manager, said no production disruption or job cuts will occur.
About 1,200 United Auto Workers members walked off the Fort Wayne General Motors truck assembly plant after contract talks broke down. The plant employs around 2,700 UAW workers and produces roughly a quarter of GM’s full size C/K pickups, delivering 44,000 units in the first two months of the year.
Guidance on keeping half of a deceased father's stocks, valuing assets, and handling probate or small estate procedures. Explains joint ownership effects and consulting an attorney. Also covers New York protections for IRA and pension accounts from judgments, with a lawyer referral line.
The Dacyczyn family in Maine lives thriftily, with 62 cent muffin batches and 50 cent lunches from bulk buys and homemade ingredients. They grow 500 quarts of food yearly, shop yard sales, skip vacations, and keep annual expenses at 17 580, far below the national average for a family of six. Amy Dacyczyn gained fame in 1990 with the Tightwad Gazette newsletter.
The Dacyczyns live on about 17500 annually after saving 49000 over seven years on 28000 income. Jim collects a 14000 pension, while Amy's newsletters and books boosted their net worth toward near one million. They paid 125000 for a seven acre Maine home and still fund six children’s college plans.
Money Matters and Strategic Financial Planning Inc. of DeWitt present a panel of experts for this week. Mike Sarafeen from the law firm provides insights. Readers may send questions to Ask the Experts at HJ Business Box 4915 Syracuse NY 13221 or call Cail NewsLine at 472 2111 category 9778. Personal replies are not possible but general answers will be provided.
A tax columnist answers reader questions on deducting interest paid to parents on a home loan, reporting rules for unreported interest, handling perquisites from a sales pitch stay, and how a 16 year old with a paper route reports earned income. The piece outlines Schedule A lines, Form 1099 requirements, and dependent child deduction limits for 1996.
The Herald Journal advertises a free stock quote hotline with 24 hour access for NYSE, AMEX, and NASDAQ listings. Call Newsline at 2111 using a Touch-Tone phone and enter category 9988 for quotes and 9989 for directions.
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