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PAGE 2 i BUSINESS & FINANCE I !_ I Director Of Black Political Affairs For National Committee A WASHINGTON - One of office and will also serve as the country’s most exper- executive director of the ienced black Republican National Black Republican political professionals has Council, been named director of "We are delighted to black political affairs for the have someone of John Republican National Com- Wilks’s ability and stature mittee, National Chairman Mary Louise Smith an nounced Saturday. John L. Wilks, former heading our efforts in the black community,” Mrs. Smith said. Wilks started in Republi- director of the Office of can politics in 1952 when Federal Contract Com- Sen. Edward Brooke of pliance (OFCC), will head Massachusetts ran for the the RNC’s black political state legislature. After From The IRS GREENSBORO Many North Carolina taxpayers selling their homes may be able to defer the entire tax on the profit from the sale, the Internal Revenue Ser vice said today. Robert A. I.eBaube, IRS District Director for North Carolina, said that, to gain this tax benefit, taxpayers must buy and occupy another principal residence within one year before - or one year after - the sale of the old house. Additional .time is allowed if (1) you construct a new residence f were on active For Study duty in the U.S. Armed Program A&T State University A&T Awarded $245,000 Thursday was named by the Naval Material Com mand in Washington to coordinate a $245,785 work-study program de signed to significantly cnhance that command’s minority recruiting efforts. Under the project, ap- proxiinately 250 students, from A&T, Tuskegee Insti tute, Prairie View, Tennes see State and Southern University will be able to pursue careers in engi neering and physical and mathematical sciences at one of the colleges. The initial grant was made for the period through next June, with additional funds expected over a two-year period. The Navy grant was made to the Corporation for the Advancement of Ex periential Learning Pro grams, a consortium of colleges and universities throughout the United States. Executive director of the consortium is Dr. Burleigh Webb, dean of the school of agriculture at A&T. FREEZONE IS FOR CORNS THAT HURT Why fool around with painful corns, wtien Freezone can help you remove them, it. You’ll see. In just days, the corn will Forces. In addition, the cost of the new home must equal or exceed the "adjusted sales price’’ of the old house. In general, Mr. LeBaube said, the adjusted sales price is the sale price minus selling expenses. A portion of the profit may be postponed, not forgiven, Mr. LeBaube emphasized. Any profit not taxed in the year of the sale of the old residence is subtracted from the cost of the new one. Mr. LeBaube also point ed out that there is a special rule applicable to taxpayers 65 or older. Further details are pro vided in IRS Publication 52.3, "Tax Information on Selling Your Home,” available free from IRS offices. moving to the San Francisco area to become a business executive, Wilks worked in a number of local and legislative races. He served as an advance man for former President Nixon’s campaign in 1968 and was Nixon’s East Coast coordinator for black voters in 1972. In 1969, Wilks became deputy assistant secretary of labor and director of the OFCC, which sets guide lines for federal contractors to follow in regard to avoiding discrimination with respect to race, sex, religion or national origin. Wilks said his first priority will be to re-orga nize the National Black Republican Council, which is made of about 30 state councils. "The Council will pro vide an official vehicle for bringing blacks into the Republican party,’’ Wilks said, “and for their participation in the party’s affairs.’’ His office in Washington will provide support for the programs of the state councils, he said, and serve as liason between them and the National Committee, Wilks said blacks will vote Republican if Republi can candidates "ask for their votes and show some interests in their con cerns.’’ "The black vote is no longer automatically Dem ocratic,’’ Wilks said. "In fact, it is one of the more independent votes in the country today.’’ He noted that black votes help elect several Republi cans last fall, including Sen. Robert Dole and Gov. Robert Bennett of Kansas, Sen. Henry Bellmon of Oklahoma, Gov. John Rhodes of Ohio, Sen. Charles Mathias of Mary land, and Gov. William G. Milliken of Michigan. THE TRIHINAL AID \OLAND\OlIR DOCTOR-PATIENT PARTNERS Dear Dr. Esse; I don’t have good relations with my doctor. I don’t mean we argue. It’s simply a feeling that I am nothing more than a number to him, he’s so impersonal I have the same feeling as in a busy bakery store, where I take a number until called. There’s always the expectation that he’ll be more warm and understanding. But it’s always the same story; I get “stale bread.” — Mrs, L. COMMENT: I understand how you feel. A good doctor-patient relationship is important for best results in the quest for health. Look upon yourself and your doctor as partners. He is the senior partner and you the junior. He evaluates your health status and tells you what to do about it. You, in turn, have a job, too. As the junior partner you must make this important contribution: full cooperation. Without it, no matter how good your doctor, you are in danger of wrecking the relationship. Health bankruptcy may result. Of course, your doctor has his responsibilities. He must keep up with the rapid advances in medicine and be able to diagnose and treat you with the most modern methods. He must answer your call when you are ill. He must be patient and understanding. (Especially in your case, Mrs, L.) He must be devoted to getting and keeping you well. However, as I said, don’t forget your own responsibilities. Don’t procrastinate in seeking treatment. If you get to him late, he often has a hopeless task. The early curable growth becomes incurable cancer; the late diabetes becomes the reason for serious complications. Your responsibility is to get the early jump on disease. Having gone to your doctor, it is also your job to cooperate fully. What good does it do to leave the bottle of medicine unopened on the medicine cabinet shelf? Or to continue to overeat if he has warned you that your obesity is endangering your health? Or to be careless about overexertion after he has warned you your heart cannot take it like it used to. I know it is not easy to conform to a new way of life. But when health is at stake, there really isn’t any choice, is there? Think of it as one partner saying to the other: “Let’s do this for the good of the health job we’ve taken on together.” Remember this the next time you are in your doctor’s office, Mrs. L, Have you been doing your job? Have you cooperated? Or are you still putting on weight, or smoking too much, or neglecting other advice? Perhaps this has turned him off in his “caring” for you. Some doctors become very upset when their “partners” donH take their advice. One important way to prevent health bankruptcy iS’ for each partner to really “care” for the other. If he is pulling one way and you are pulling the other, neither of you will be satisfied with results. Perhaps it will make you feel better to know that we doctors don’t really get any sadistic pleasure out of saying, “Don’t do this and don’t do that.” But let’s assume you have been a good and cooperative patient. And he is still cold and impersonal. He still treats you as a number rather than as a patient. I know what I’d do. I’d go looking for the kind of doctor who is warm and friendly! ((c) McNaught Syndicate, Inc.) WEDNESDAY, MARCH 26, 1975 O' Taxpayers Ask IRS This column of questions and answers on federal tax imon'y matters is provided by the local office of the U. b. interest so- Internal Revenue Service and is published as a public i,,g||gcj dividends on deposits or service to taxpayers. The column answers questions jon withdrawable or share ac- most frequently asked by taxpayers. .counts in federal savings and loan associations if received U- U ro on share accounts issued after n which you actually re ^7^ 1942, Dividends from domestic savings and loan as- Q. How can I get an exemp- year tion from withholding tax? ceive them, or when they are A. If you had no income tax liability for the past year, and cooperative banks must expect to have no tax liability deducted in the year when they'3's° be reported as interest, for the current year you may pgj^^ the accrual- q. , entered a contest in a apply for exernption from with- ^ngthod, an item of income isjocal newspaper which offered holding tax The exemption ap- accounted for when it is earned, ^ of anything advertised plies only to income tax and ,^f,ether or not it has been re- its pages. I won and chose nnt t-n cn/-iol crt~iir.tw +-iv _ e> the services of a plumber as my prize. How do I figure the ceived, and an expense is (FICA). To be exempt, you must ^^^jed when it give your employer Form W-4E. a filled-in when it ncurred tax on my prize? A, Prizes and awards in goods Q. Please explain the two Q- • receive dividends from common methods of accounting my account in a savings and or services must be included which the IRS recognizes. loan association, but f dividends are really interest, value. Whatever the going rate A. In the cash method of ac- How should I report this on my.is for the work the plumber counting which is used by most Federal return? 'does for you will be the individual taxpayers, all items amount you must include in of income are reported in the A. Certain distributions com-jyour gross income. Adoption Continued frcm Page 1 with the Chairmen of the Compliance Review Com mission, Robert F. Wag ner, 1625 Massachusetts Ave., N.W., Washington, D.C. 20036 and with the State Party Chairman. James R. Sugg, North Carolina Democratic Head quarters, Hotel Sir Walter, Raleigh, N.C. 27602 within ten (10) days after March 20, 1975 -- the beginning date of the challenge period. -The deadline for the submission of a written "Notice of Intent to Challenge” is March 30, 1975. Agonizing Pain From Ingrown Toenail? Get Outgro For Fast Relief Outgro gives you fast temporary relief from ingrown toenail pain. Outgro tough ens irritated skin, eases inflammation, reduces swelling without effecting the shape, growth, or position of the nail. Stop ingrown nail pain fast with Outgro. Is Your Favorite Merchant Advertising In Your Paper? WHY NOT? Ask Him I. SAVINGS AND LOAN Association 620 N. Main St. High Point, N.C. 27262 521 National Highway Thomasvllle, N.C. 27360 108 E. Main St. Jamestown, N.C. 27282 ! EOUM.HOUSM UBNPCIf,,] Register Now! ITS AMAZING! Some ftvipnbRs fi^prr have Fuoww mTb -me «eouT 30,000 feft UR ct-Ft'M THfrr if vou a s\.rss of vulk at that AOtTutiE 'T Wvvv- GEr vOU DpUNX>. MeovONts, Surgical AkjD VIOLIM SrteiMGS ;)RE MADE from Some of ffie’ ViTAL ORGAMS OP TH? COW \ . Jays, th be gon8...the hurt wilt be gone. Pain- . ‘ , ng. pads or plasters. Drop on Frc lessly. No dangerous cutting. No ugly Freezone — take off corns. COtNS ANO C/U.LUSES PuRlfOG SpR»MG , SEA SCP»LuOPS vjEvj ewGlawd -n?p'V»jLeRS prech.'&mtl'V small hake , h- to 5 INCHES lOWG. I 1 OME. P'SH P£R SCAluOP . . 13 INJ PPidTS OP TMe Ol^iEMT RoGS COMSTlTijTE CMLV EOiJlpMtMT OF The houses Plooes. ceidnGs DTVftvOS AnjD WAU.^ coveraHD bv 'IhlEM IN HIGH POINT IT'S BOYLES For lasting elegance, enhance your home with famous names in furniture Evrything sold at a aneount. Larg» display of fvrnHvf for your thopping pl»atvro. Shop Fridays til 9 • free parking • convenient payments Intorior Doeorators To Sorv* Youl Furniture Sales sro« HOC. r . ^ TW® LOCATIOMS H s"m Ki. 7S1 North Main St. PJi. 8S3-4147 1634 Nortli Main St. Ph. 882-0519 High Point, N.C. "YbuVe always thou|^ you aGood migKboi: Now prove it. There are a lot of jobs to be done in this world, helping people in trouble, in pain, in distress. American Red Cross takes on more of these jobs than any body. Surprised? + Remember: Red Cross is more than blood drives. It's more than helping the thousandsof victims of disasters. In fact, American Red Cross tackles over 1CX) different kinds of "Helping People" jobs —in the city, the suburbs wherever you are. We need money, it's true, so we can go on offering all our free services. But we also need hearts. And hands. And conviction. Call your local chapter Join us. The American Red Cross. The Good Ne^ghboc A Pubfc Srvlc. o( TNt Nwww *
The Tribunal Aid (High Point, N.C.)
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March 26, 1975, edition 1
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