I
i
THE TRIBUNAL AID
WEDNESDAY, DECEMRER 31.1975
Taxpayers Ask IRS Makes Appointments
Continued from Page 1
D c ^ V ^ ciicr.K, u-v w nrc vi Commerce Office of Minority Enterprise Smalll
Revenue Service and is published as a public service to ^ accountanU Minority Business Enter- Business Companies and
taxn3vpr«; Thp mliimn 3n;wf>r: nuestinns most freauentiv doing more difficult work. Can I de- ^ 7 Mr
duct the tuition and other pr's^ and was named tne iN.c. Association ot
expenses? “Businessman of the Business Development Or-
A. If you are taking courses to Year” by the Greater ganizations. He is also a
meet the increased requirements Fayetteville Business Lea-
for retention of your ^sition you ^gj2 He serves on
Will usually be allowed to deduct , ^ ^ r
your educational expenses. This is the N.C. Board of Trans-
This column of questions and answers on federal tax company is requiring me to uke
matters is provided by the local office of the U.S. Internal accounting courses my own
■' expense, prior to reassigning m« of
to a group of junior accountant!
taxpayers. The column answers questions most frequently doing more difficult work. Can i de
asked by taxpayers. duct the tuition and
Q. I am going to sell my home
You can claim fixing-up expen-
and I have just finished wallpaper- ses only if you are buying another
ing some of the rooms. Can the ex- house, and postponing the tax on
pense be added to my home's cost the gain from the sale of your old
basis? residence.
For more information, see IRS
member of the Board of
Governors of the National
Association of Small Busi
ness Investment Com
panies.
CROSSWORD
A Expenses such as wallpaper- Publication 523, Tax Information IhtlnT.'nPwnriXrnr
A. txpenses sucn as wanpaper obtained a new position or sub-A.-r,n.,l
ing and painting are considered Selling Your Home, available
maintenance expenses, not im- free at your IRS office,
provements, and cannot be added q. | own a one-third share of an
to the basis of your home.You may, apartment house and share the
however, be able to claim the wall maintenance expenses. How much
papering as a fixing-up expense of these can I deduct?
if you are attempting to make your . .
home more salaWe ^hen you own a part inter
, , . . . _ wife, Aronul, have three
stantial advancement from your
present position. daughters.
Generally, once you have met Lee, a Charlotte native
the minimum requirements that
ACROSS
1. Bamboo-
lil^e grass
5. Girl’s
nickname
9. Hence
10. Chief
(prefix)
11. Benefit
40. Hindmost
41. Couple
42. Lairs
DOWN
1 . War
2. Rub out
In order to qualify as a fixing-up
est in rental property, you may de-
expense, the work must be done only your proportionate
were in effect when you entered partner in the law 12. French
your emplc^ment, trade or busi- fi™ Lee, High, Taylor, 14, sheriff
ness, you will still be considered to Dansby and Stanback. He
have met them even if they are received his B.S. degree
later changed. However, if the . °
courses qualify you for a new froni A&T State University
within a W-day period ending on one-third, even if’you^pay t>'3de or^business^the deduction and his law degree from the
3. Shield (var.)
4. Full of grief Canada
5. Silent 25. Attack
6. God of lo\'e with
7. Sifts artillery
8. Cheaters 26. Neat
(colloq.) 27. Burmese
15. French river 11. Armadillo native
16. Maltbev- 13. Carnegie or 29. Thirst
Georgia quencher
18. At home
21. Morsel
22. E ec-
trmed
particle
24, Prov-
aldes
the day the contract to sell your
home IS made. The expenses must than your share
be paid within 30 days of the date
of ^le.
FREEZONE
IS FOR CORNS
THAT HURT.
Why fool around with painful corns, when
freezone can help you remove them. Try
it. You’ll see. In just days, the corn will
be tone. . the hurt will be gone. Pain
lessly. No danierous cuttinf. No u|ly
pads or plasters. Drop on Treezone*-
take off corns.
;‘Ltt,es^“heLTegen^^ North Caro
Q. I am a junior accountant. Due era! worii as you usually do, so you lina. He is founder,
to a lack of work in my office, my are not QualifyinR for a new trade, president and a Director of
$181,000 Granted For 22 Projects
RALEIGH - Governor
Jim Holshouser today
announced the awarding of
State grants totaling $180,-
903 to fund 22 research
grants aimed at benefiting
the State industrially,
environmentally, and aca
demically.
The grants will be
administered by the N.C.
Science and Technology
Committee, Research Tri
angle Park.
North Carolina Central
University was awarded
$6,500 to Dr. Chantal Marie
Shafroth, Mathematics, for
development of a system to
optimize power generating
systems, and $2,050 to Dr.
Charles R. George, Bio
logy, for biological control
of the European corn borer,
a pest of corn and other
economically important ve
getable crops in the state.
the American Federal
Savings and Loan Associa
tion. His wife is the former
Nancy Young.
Hansley established and
serves as president of the
Forsyth County Investment
Company and the Forsyth
County Economic Deve
lopment Corporation. He
received his B.S. degree
from Temple University.
He is a past president of the
American Association of
erage
17. Suitable
19. And so
forth
(abbr.)
20. Ruthenium
(sym.)
21. Coiled knot
of hair
22. Measure
of length
23. Work
25. Empty talk
(colloq.)
26. Color
slightly
27. Gained
28. Jewish
month
30. Nonsense!
31. Mr. Houston
32. Single unit
33. Not suitable
35. Canal boat
37. Girl's name
38. Horatio
, author
39. Stack of
straw
32. 'Musical
instrument
34. Select
36. Not
31. Pointed post aweather
eontt AMO CAILUSIS
0
0
0
0
UMOUR CHOICE TENDER-CHEK BEEF
GUARANTEED TENDERNESS
OR DOUBLE VOUR MONEY BACK
OPEN ALL DAY
New Year's Day
ROUND STEAK. 1.69
CHUCK ROAST i. 89'
FOR YOUR SHOPPING CONVENIENCE
HAPPY
NEW YEAR
TO ALL
LEAN BONELESS ^
BEEF STEW .1.29
2m H. Main
iLUMBIA
FOOD MARKETS
■** ^ ^ :
• 220 N. Centennial
Open 8:00 til 9:30 Mon. - Sat. Closed on Sunday
JAMESTOWN FRANKS lb 69
PURE PORK
JAMESTOWN SAUSAGE lb 79
VALLEYDALE BACON uozl.OO
SHASTA COLA 64 OZ. BOTTLE 53
scon
FAMILY NAPKINS 160 COUNT
CHATNAM
DOG FOOD 25 LB. bag
EASY MONDAY
FABRIC SOFTENER GAUDN
PAM (Spray-on Coating) noz 99
GREEN GIANT
SWEET JUNE PEAS soscans 3/1.00
frozen CELESTE
PIZZA Hamburger - Peppenini - Sausage 69‘
BORDEN INDIVIDUAL WRAPPED
SLICED CHEESE 12 OZ. PACKAGE 99'
HORMEL
VIENNA SAUSAGE soz cans 3/1.00
TOP CHOICE
DOG FOOD 72 0Z. BOX 1.99
BUHER-ME-NOT
BISCUITS 9K OZ. CANS 3/89'
ORE-IDA FROZEN
TATERTOTS leoz 39'
COLGATE INSTANT
PUREX BLEACH
GALLON SIZE
COMET
EXTRA FLUFFY RICE
14 0Z.BOX
Tangerines 59
RED & GOLDEN DELICIOUS. WINESUP ^ V
APPLES.U.79
’’SWEET
^Potatoes !• 19j
r
1
Z
4
s
b
1
i
%
9
iO
i
12
1^
14
15
Ib
n
19
20
Zl
ZZ
24-
25
Zh
Zl
2.9
V)
i
i
i4
Wa
IS
lb
38
4o
w
41
42.
I CONSUMERTIP |
Uoing simple plumbing
repairs yourself can save
you big money.
Say your faucet is
leaking. Shut off the valve
near the faucet. Remove
the faucet handle and the
stem to which it is attached.
Then replace the worn
washer and reassemble the
faucet.
Minor water pipe leaks,
can be covered with rubber
or plastic patches. And the
frozen wate pipe problem
can be solved by covering
the pipes with rags and
dousing them with hot
water. Be sure to open the
faucet so pressure won’t
accumulate.
Helps Shrink
Swelling Of
Hemorrhoidal
Tissues
caused by inflammation
Doctors have found a ^ledica-
tion that in many cases |ive»
prompt, temporary relief from
paio and burniM itch in hemor
rhoidal tissues. Then it actually
helps shrink swelling of t^ese
tissues caused by inflammation.
The answer is Preparation //•.
No prescription is needed for
Preparation H. Ointment or
suppositories.
A New Name
In High Point
Hoover-Seng
General Steel
Products
D ivision
Better Pay.
Better Benefits
Apply Or Call
1151
Blandwood Cir.
883-9101
An Equal Oppcrfunitf Emplpftf
WHAT IS YOUR
QUESTION
Dying-Death-Estate Planning
A. J. WOLFE
De^ Jr. mm-.
Why do I need so many death certificates? My
husband died three months ago, and today I was told
that I had to have another one. This makes about nine
or ten. I only had to have one birth certificate. This just
doesn’t make sense.
(Confused)
Dear Confused:
I can understand how frustrating this could be, as
well as emotionally upsetting. But the necessity for
death certificates is required by laws and company
policies for your benefit. They are needed to qualify for
Social Security, V.A. Benefits and benefits of Unions,
etc., and to redeem life insurance policies. For $1.00
each you can order Certified copies of the Death
Certificate from the Register of Deeds in the county of
the death. Usually these are all ordered at one time and
usually by the funeral director.
Dear Mr. Wolfe:
I am shocked at the amount of money that was just
spent for a relative’s funeral. If possible, will you
provide me with an itemized, detailed list of all the
expenses involved at one’s death? In other words, what
should one expect to pay, as a minimum cost for
funeralizing?
rv r-1 (Middle Class)
Dear Middle Class:
You did not say what the cost was so I don’t know
what you think is expensive. As I have stated in this
column before it depends on what kind of funeral, etc.,
as to the cost. There is no denying the fact that funerals
are expensive...even at minimum.
In 1973 the National Funeral Directors Association
said that Americans paid $1,117 for the “average”
funeral. That was two years ago and of course with
inflation would be more today. It also reports that 75%
of that is for services and 25% for merchandise.
Figured into that price is merchandise, property,
buildings, parking areas, furnishings, automative
equipment, inventory space, salaries for professional
staff which is the largest part of the funeral expense
and meeting state-approved requirements for
funeral-directing and embalming.
That figure never includes the cost of the cemetery
expenses or for memorialization. The average total
figure today will easily exceed $2,000 or $2,500;
Following are the categories of charges that usually
make up the cost of the funeral:
1. Charges specifically involving the funeral home;
such as professional services, use of facilities and
equipment, mdse etc.
2. Charges dealing with the disposition of the body;
such as the cemetery lot, opening and closing, or
cremation or mausoleum crypt etc.
3. Charges for memorialization; such as a monument
or marker, niche for the urn of cremated remains etc.
4. Miscellaneous expenses paid directly by the family
or through a funeral director; such as minister’s
honorarioum, flowers, additional limousines, out-of-
town transportation of the body, etc.
These figures can vary, depending upon family and
local custom and religious and ethnic preferences.
Dear Mr. Wolfe:
Why is it that funeral directors do not let families
know about various cemeteries that are available and
the differences. The reason I ask is that right after we
buried our mother we found a cemetery that was much
nicer and more desireable and the cost would have been
very little more, but we didn’t know about it. I’ve asked
other people and they want to know too.
Martha and friends)
Dear Martha and friends:
I agree that it is unfair that families are not made
aware of what is available but then some funeral
directors feel that they are doing you a favor by
helping you with those decisions. Their motive could
be sincere or selfish. If they know for a fact that you
have a limited amount of money to spend on a funeral
then they are doing you a service to help on the
pennies.
Often, they will furnish an expensively priced casket,
but thefi will suggest a less than desireable cemetery
for burial. This can be for different reasons. The funeral
director may get a kick-back” from the cemetery, or
they may want you to spend less on the plot so that
more will be left for the casket and related items.
Sometimes they feel that what happens after the
funeral is of no importance or that it is of no concern
to them. There is no law that says they have to be
versed on the advantages of the various cemeteries.
This is all the more reason for people to make these
arrangements in advance, and to select not only the
desired cemetery, but also the right funeral director.
,^ounl^ miured To $30,000 i By FSLIC
DO\’T DEL A F SA VE TOD A Y!!
DAILY COMPOUNDED INTEREST
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i706 NOHTH MAIN STREET
Home Loans To Buy Or Build