Child tax credits spark confusion over checks and future credits
The government will begin issuing advance child tax credit checks up to 400 per child by July 25 to about 25 million families from 2002 returns. The checks are not refunds but advances toward a 2008 credit up to 2,000 per child. Some families may not qualify in 2003 if they receive the advance, while others may become eligible later. IRS guidance notes no requirement to return excess payments if the 2003 credit is smaller. The debate centers on eligibility for low income families and potential changes slated for 2003 and 2004.
MENTIONED IN THIS ARTICLE
U.S. Treasury
Internal Revenue Service
IRS
William E. Massey
RIA
Congress
Senate
House of Representatives
Widerko
Wyderko
Stocks Still Worth It Despite Bank Rate Drop
Washington notes argue investing remains worthwhile as banks pay little on deposits. SEC official Wyderko urges diversification, debt payoff, and budgeting before investing, warns against high risk single-stock bets, and highlights fees’ impact on long-term returns. Readers urged to track statements and seek professional guidance.
MENTIONED IN THIS ARTICLE
Washington
Dank
Susan Wyderko
Securities and Exchange Commission
Reader's Digest shifts drive as Ryder overhauls business
Slump Digest aims to hold a base of 10 million for five years while expanding beyond subscriber books. Since Thomas O. Ryder became CEO, direct marketed books, music and videos fell from 60 percent of revenue in 1998 to 40 percent last year, with overseas earnings collapsing amid ad slumps. A $16 million restructuring cut 200 jobs overseas and other belt-tightening followed Moody's downgrade. The firm pivots to Spanish language markets, school fundraising, weight loss ChangeOne, Reiman and other acquisitions, and new magazines, while Merrill Lynch’s Karl Choi calls the turnaround fragile and ongoing.
MENTIONED IN THIS ARTICLE
Digest
Thomas O. Ryder
Ryder
Pleasantville, N.Y
Reiman Publications
Reader’s Digest
Inter
Morgan Stanley
Craig Huber
Reader's Digest
Huber
Reiman
Adler
Moody’s
Publishers Information Bureau
Wallace Reader's Digest Funds
Dewitt
Lila Wallace
Manhattan
Greenwich Village
Pleasantville
Selecciones
QSP
ChangeOne
Greendale
Wis
Taste of Home
Britain
Brazil
Karl Choi
Merrill Lynch
Choi
Memphis Drive-In Keeps Rolling Amid Drive-In Revival
Drive-in near Cleveland charges seven dollars for two movies with free admission for children under eleven. Owner Russell Wintner preserves land and keeps three-screen theater afloat with concessions and a flea market. Industry observers note a recent drive-in revival with forty reopened and twenty new theaters since 1990. Families cite affordable outings and the novelty of outdoor viewing as key draws.
MENTIONED IN THIS ARTICLE
Cleveland
Russell Wintner
Wintner
Memphis
Darci
Bill Wemple
Broadalbin
N.Y
Adirondacks
Wemples
Mrs. Wemple
Memphis Drive-In
Roland Bonacci
Bonacci
Elyria Real Estate Staffing Update Highlights Anita Banach
Anita Banach joins Realty One Elyria as real estate sales associate. A summa cum laude graduate of David N. Myers University she previously worked with several automotive dealerships in the Greater Cleveland area and remains a lifelong Elyria resident.
MENTIONED IN THIS ARTICLE
Anita Banach
Realty One
Elyria
David N. Myers University
Banach
Greater
Cleveland
Ex-Globex exec blocked by card deck legal clash
Gary Winnick former Glob al Crossing chairman ranked riches in Los Angeles appears as the Ace of Hearts in a $9.99 deck titled Shareholders Most Wanted created by Lynn Brandenburg a Salt Lake City stockbroker. Winnick’s lawyers sent a cease and desist to the publisher over the depiction amid others.
MENTIONED IN THIS ARTICLE
Gary Winnick
Global Crossing Ltd
Los Angeles
Winnick
Salt Lake City
Lynn Brandenburg
Pentagon
Brandenburg
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Humberto Cruz
AskHumberto
Tribune Media Services
Michigan Ave
Chicago
Georgina Cruz
Fell
Frederck Fell
Wall Street
Main Street
Wyderke
SEC
Sec.gov
Michelle Singletary
Singletarym
The
Washington Post
15Th St
Washington, D.C
the Color of Money
Auto-Owners Insurance Company
the Mole Agency, Inc
Gratton, Ohio
Humphrey Cavagna Insurance
Broad Street
Elyria, Ohio
Speaking OF Business
Greg D. Carmichael
Fifth Third Bank
Carmichael
Fifth Third
Emerson Electric
General Electric
University of Dayton
Central Michigan University
Fortune 500
Palichleb
Greg Palichleb
State Farm Insurance
Avon Belden Road
North Ridgeville
Lorain County
State Farm
Cleveland State University
Walthall, Drake & Wallace LLP
Raymond Onderisin
Kenneth Stefanski
Michele Hoover
Geoffrey Williams
Paul Weisinger
John Zajacz
Chronicle-Telegram
Chronicletelegram.com
East Ave
ex-Globel
Los Angeles Times
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