Newspapers / The Kings Mountain Herald … / Nov. 8, 1973, edition 1 / Page 12
Part of The Kings Mountain Herald (Kings Mountain, N.C.) / About this page
This page has errors
The date, title, or page description is wrong
This page has harmful content
This page contains sensitive or offensive material
PAGE SIX THE KIN6S mountain HERALD. KINGS MOUNTAIN. N. C Thursday. Novemb'er 8, 1973,, T5.XPMEES m IR S -.li-iiis nn I liic '20 aii'UiTs on focloriil tax nialtors loss, is priiviilo'i li- tlio Io.mI ollioo of ^ the S. lilt Mini !{(VI T.iu, Sorv- ^ '■ 1,0 ,i.rl i- iih'i ho.l as a i>i:i.lio ' ^ .orvi t.) ia\;oi.'O'-.. ■! 0.,' ,olunin an ■ Aoi's i|ti. .:1 I.: Jiiost lro,|Uonl- nivoi's. 1., i.i a wind- a'vin,; p;!,ito:;r in 01 oi' I non.It of my ori.i. I siont $20 of 111,' ilan- o (loi.'rmino the a.-nil It V loss. Can f!(' lii"l t: 0 A. Y< -. If you ilomi'i' (I.'.liio- .ioio- llio cost' of phot lyi-aplv-, ii- In Ihi ■, llio 1)111- haso of film and do-, olopin.r oioii o'os, for llio pnrposo of ostablishiiio or oonv pati'n-r vonr oa-.nalty lo.ss (hslnc- lion arc dodiiclihlo as a misoid- lanooiLs ilodui'lion. Do nol inoludo I limated tax paymont. The same - rules apply to filing amended declarations of estimated tax. I'or.Tis lOlO E.s and instructions part of your casually are available al any IRS office. Q._,VVlio can represent a tax payer-at an IRS audit? ,s ill I promoted and, , I i-i' -nli I ni "ottino a suRslan- A. .Generally, atlorneys, certi- 1,1 I,-, i want to lied public accountanls, and in- ni'ilie iliii'al.'-'l tax payments to dieidu.us cnronc.i to pi.ittiee be- ..'id one hl'f lox bill next -jear, tore tlie Internal Revenue Serv- o it I've already missixi the Ap- ae may represeiA a taxpayers at li! anil .luiie di-adlines for paying any stage of t.he I.tS exainina- ■ , ;.;t tvv.) install.Tnenty of tii-n-apevals proce^. Ihe^e three yi';! .--ti-natc.i income tax. What -st.igcs nro tne audit examination, , ,,, [ •,,•> disiiiet cciiiercnce and appellate .A. Von can till file a declara- hc.uing. Ihc perron who prepar- li ill of estimated income tax — <■! your lotuiii land signed it as t-’i nil Ititb i’ ' , ut you must do the prep.irv'r), if lie is noth other- .Si, l,-,- o„..| 17^ l<i7,?. Your wi.ie e,igi.,.e to 1 raelice beiore f'-ii’nnted i.-ix sh'‘i|i,-i p,. .■■liii jn liio I'ltS, may repixisent you only e in.i! installments on Seiitemfier <>1 the audit ex.i.ninatlon ,evel. In t ,, IhT.'i and damriry 15, 197-1. If addition, this representation may you file yoiir return and (lav the eiKt,iitp,..s.s only matters coii.ern- h.il.-,n,-o due hy .Taiiuary 31, 1971, niK the tax liahili i, ler the year you ne,'1 not ni.ake your final es- covered by tlie reiurn he prepar- —• : I’ll. require .legal. help. to collect .all- mqny.. Since alimond is Included in taxable Income, you may de duct your legal cost as an ex pense necessary to produce such income. Q.- This fall, my son went away to scliool. Because ho no longer lives with me, will I lose him as a dependent? Cut Fuel, Energy Needs In Your Home THE LAST PUFF IS A NEW START! You may be surpitt>6d learn that even the lungs of a very heavy smoker can in time return to a "clean" state It may take a couple of years, but as soon as you stop smoking you are cn your way. And if illness has not affected your lungs yet they can be as good as new again. Is it true that a student e e.xenii)l iroin income tax A.—No. In general, a depend ent relative does not have to live with ou cr be a member of '"'iir hoirehold for you to claim him as a dependent. However, you must meet the other dependency tests, including liirnishing more than one half of the decendent's total support. Since your son qualifies as a student, the gross in-ome test, which generally re- s‘rict gross in-erro of a defrend- ent over age IS to loss than $750 does not apply. If you are like mani/ Amer icans and have never I eon fuel or encigy conservation - mind cd, it may be possible to cut the amount of energy used in your hems I y 5 to 10 per cent. With a shortage of home heating fuel a stark reali'i going into the winter season, it's a good time to begin using some of the energy - conserving practices. North Carolina State Univer sity extension housing engineers have these suggestions; Savings can begin with the simple steps of turning out lights when the room isn’t being used and using smaller bulbs in loca- tiona.where,there.te.not-a.critl-^Ieaned and.keep oil and gas cal '‘seeing”'task to Ije perform- 'burners adjusted for most efti ed. Some .of these places are'dent fuel use. hallways and in overhead li|,'HtSj Some of the biggest energy- used for general lighting. | saving items around the home I are weather stripping, insulation Another place energy use can storm windows and doors, be reduced is in heating and, Engineers point out that in cooling the home. The NCSU en- homes .v.'ithout good ■vveatelii'j-trip- gineers point out that substan- pjng and storm windows, there tial savings can lie healized 'by gg much as two complete simply keeping the house slight- changes an honr when there ly cooler in winter than usual, jg ^ i5-mile-in-hour wind ..zlow- Or, next summer, keep It Just jj,g outside, slightly warme r than usual. Turning the thermostat only a With weather stiinplng armnd degree or two back in winter and wind.ows and dcor.x,. and encks up in summer can make a differ- caulked, the air exchange can ' e ence in the amount of energy cut down to about one-half an ex- used. change per hour. Along -with this, good heating Another tip: keep the fire- and cooling system maintenance place damper closed when not in is recommended. Keep filters u.xe. A lot of heated air can be lost up the chimney. ^ 1, Good insulation Is •'mps‘'”^iil Kti.- home you might bitiidii’ the future. If your prp'ient ...uno doesn’t have insulation, it ran be added. There are way.s of ii .-ulat- ing older homes I'o- ceiling joists In the attic. Some types ot insulation cun lc u.own into walls. Another aica where energy can be saved is hi the use of ap- r.llance.s. Uve small portable ap pliances instead of the stove for small Jobs. Plan meals so that several dishes can ’ce cooked in the oven at a time. Al o, fix dripping hot water fau'’els, and run the dish and r’lothes with full rather than partial loads. Why not give yourself an extra special present th s year? Stop smoking, don't just “c’jt dew.-r", step. If will power cions -won't it and you need some extra help, we do do have many products that can a.d you. YOU OR ^-O-dR DOCYOa CAN PHONE US when you need a delivery. We will deliver promptly without extra charge. A great many people rely on us for their health needs. We welcome requests for delivery service and charge accounts. HfSB'D'RaRSROR KlHGStfOUNTAlN DRUG COMPANY - '-^ktTC’t.fyisJ.HabfBa.-STO-nE Q can u-itlilioldin? A. Yes. tJtirlents and other individuals are o.xempt Iroin vvilhlioklir.g il ihi-y tiid not owe lax last >ear, cxpCLt to owe none III 19(.’5 and have filed a With holding Exemption Certificate iKonu W-IE) with their employ ers. However, if tax has already liem withheld this year, the tax payer must tile a return next I year to have it rofundej. i Q. I'm a teacher. I’m required I to get a master's degree in edu- j cation to hold on to my Job. Are j my education expenses, including I luitioii, tax deduct I le? I A. Yes. if you me<‘t tlie mini- I niu’.ri educational lequirements for qualification in your employ ment, an I if i,,our employer re- I quircr you to obtain fuitner ixiu- liation to retain your present salary , lasutsor.Tshidiuetaoww 1 snlaiy, statu.-i, or employment, 1 you may deduct expenses for the i least <'du,-ation that will meet ! the minimum requirements if jtiiey are for a business purpose. ; For more iltails, see IRS Publi- j cation 50S:, ‘Tax Information on Education Exopnses." It’s avail- ! aide frc'e from your local IRS of- ! [ice. j Q. Can an individual taxpay- lor ever deduct legal expenses? I A.- Yes. I.egai expenses that! iaie .1 nece.ssary factor in produe-; iiig taxable income are normally j (lecluetible. For e.xample, you may I incur legal expenses that are de- Iduclible Ix'c.'iuse -jou need legal I assi.i-tancc directly related to your j <‘m| loyment, whether in per- I forming your duties or in litigat- ' ing to keci) your Job; or you may DEEDS il.*. FREE ESTIMATES ■ 1 4’'- Sit 2:heck with us! We have all the materials you need to give a growing family breathing room! The materials listed on this page represent most of the expense involved in adding a BIG 12'x12' ROOM to your home. Enjoy the comfort of added space! 240 Lb. Asphalt Roofing Hardbosrd Lap Siding 2 1/3 Squares $24.49 C36 Square Feet ^ $78.96 Enough roofing fo cover the roof of a 12'x12' room with a similar pitch and overhang as above. 21 pieces of hardboard lap siding 7/ 16''xl2 'X16'. A good looking low cost siding. Gypsum Waliboard Ro2i & Floor Plywood ^7 11 Pieces 4x12' $34.10 up,,c=. 588.54 We also carry tape and putty to finish this type wall at low prices. This Includes ^ 1 pieces of 1/ 2" CDX and 5 pieces of 5/ 8“ underlayment plywood. I 2”x4” Wall Studs $39.20 Vinyl Asbestos Tile Pre-Cut Framing 144 Square Feet $26.64 This is 40 studs which Is approximately the number you need for a ■I2'xl2' room. This easy to Install and easy to clean floor tile Is available in a large selection of colors. 3 Wood Window Units $45.30 Prehung Door Unit 2-28''x38'' Framed Units $2140 Includes sash, frame, weatherstripping and exterior moulding. Other sizes in stock. Split jamb design allows you to instalf It easily. Pre-hniged and bored for lockset. - f - , riv—-A _, WITTEN SUPPLY CO. 310 E. LONG AVE. GASTONIA. N. C. -Cftr scR'.ic'e /.no huaut/ auc GUifAhtr IV Now Over 200 Builder Marts If you can make a dress, you can learn to make a man’s suit, 50 Buncombe county homemakers were happy to find out. “The man .who.se wife learns home tailoring has lot going for him,’’ Nancy Mitchell, instructor ot the two-day course, added. 'tile can have a custimcd-tail- cred suit for as litle as $2.5 to $40. And it will '.o' made by someone who knows the type fabrics he prefers, how hard he is on pock ets and vvliere he wants the belt loops located,” the Instructor said. The tailoring class for mens- wear was limited to 50 persons, adds Mrs. Joy Frauson, e.xtension agent, 4-H. But there are more than 25 names on a waiting list, hoping for a repeat class. VANCE PROJECT -A Friendly Visitors project for Senior Citizens was recentlj launched in Vance county. Forty-eight Extensio n Home makers club members have .agreed to visit 37 Senior Citizens on a regular basis, sa)-^ Mrs. '’Iiyllis Stalnback, home ecano- mics agent. During these visits, the home makers will better understand the demants on Senior Citizens and will try to help them meet the challenges through friendli- ne.ss, maturity and understand ing. GREAT FEELING “It’s a great feeling to know you have conserved a hearty food supply, especially with the high ■ost of food,” observes Mrs. Ava Mintz of the Rock Creek com- -nunity, Alamance county. Now that she can save money 'n the family’s grocery ibill, Mrs. Mintz says there’s more money 'or other things the family wants to do. Top on the “want list” is a col "ge eduaction for two daughtrs, -lote Mrs. Ozetta Guye, home eco nomics extension agent. Hanis-Teeter Announces CHRISTMAS PORTRAIT SPECIAL 11 X 14 Natural Color Portrait Full Pose Only 97c (plus 50c handling) ALL WORK FULLY GUARANTEED BY INGRAM'S STUDIO Photographer Will Be Avaibble WEDNESDAY AND THURSDAY. NOV. 14 & 15 11:00 UNTIL 6:00 DAILY Only At Honris-Teeter in Kings Mountain Look For Our Modern Mobile Studio Helping youngsters and adults find their way around the kitchen is (Mie way we lend a friendly hand to our DcjghbOThood. Onr business, of course, is to provide electricity. But our purpose is to help people. Wc do it in many different ways. Teaching tomorrow’s homemakers to conserve electricity is just one example. We also show our farm neighbors how to produce more economically. We help to protect the environment. We create boating, fishing and recreation areas for you and your family. And we take part in hundreds of civic and charitable groups. These activities are important to us. Because this is our neighlxirhood, too. Most of U.S grew up here, and we know the jK'oplo. That’s why serving you doesn’t really seem like work. It’s more like helping a neighbor. Duke Power libur friendly, neighboiliood power company ®r [ - iCaVTR/ 01. , C A ) -mi ■ oall for 1 difly tlio i^gi-eomei -11. Yoii. T ibinding ; (tilic Isnrt is .suftici fr.nid, if 'W' h.-ii-gc ‘'''-Goui-ts ‘quire ini considera 4iv»> S piomis Bideralioi ll('t< rmin parlies, ' -fniake flic I-ivfi-y of a ij/Kl E-lly 'ma bnjOy in Kood-xme, ;- .f^ihnso f illr’.Moi ^o^di^);i li 5j- VUou.sm Igl’A'S to RHJ don; .a; t, liliwork Srni.ses loptrs ai i-iiL , Iiioi-o ohnsoii Suilding. lull lie lloore f,- lou-:e? I'wenly s I o ,-or Ji- -mise 1 irn. : Most c >.'■ /'-■ 1)1- l!ii> Vu(-I uhi vady i.ii icrform. Ion. Till' S. Bi 2 MON. tl*
The Kings Mountain Herald (Kings Mountain, N.C.)
Standardized title groups preceding, succeeding, and alternate titles together.
Nov. 8, 1973, edition 1
12
Click "Submit" to request a review of this page. NCDHC staff will check .
0 / 75