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Show A'LUNCII M Gt our nw Chicken IviMlwIch ond i Kentucky Prtet tor only $1.99. limit 2 orders per coupon. Customer pays oil ' m applicable sales taw. , CWIft IXPIMS DICIMMR 11. 1941 V u o fly) L I fl 2s 1 r 1 This coupon good for 2 pieces of chicken, I , Cobbeltt of corn, moshwl potatoes 4 grovy ond I a deiicous roll for only $1 .35 limit 4 orders per , M coupon. Customer pays all applicable sates tax. m ', orria ixpim dicimmi 11. mi j - Vit t yFAMILYTBARGAINSK FAMILY PAIt !- f Get 9 pieces of the Colonel's Origirtol " 3 Recipe or Extra Crispy chicken, 1 Targe i 11 M mashed potatoes, Vi-pt. grovy, 1 large salad and j dinner rolls for only jo. 24. Limit one coupon per 1 M I customer. Customer pays oil applicable soles tax. 1 M I OTPIR IXPIRIt DICIMM1 11, 1941 I ' 15-PIICI X L - DUCKIT f J Gtl 15 pic o( th Coloncl't Original " Rip or Extra Critpy chicktn, I -pi. ot oravy and 5 rolli tor only $7 39. limit on coupon pr 1 i E cottomr. Cultomar poyi all opplicobl ta tax. 1 1 "" I ofFU ixrwu dkimmibi 11. mi I ' -1 57 It JL-L,l..,l J l-l-i JUf Cedar City: 198 North Main. "W Do Chlcktn Right." " 3 Months lYear " 2 Years f 16.17 f 16.17. V 17.34 I Annual Yield I I Annual Yield ) I Annual Yield I Vv 15.00 15.00 y6J0 Here are three certificates and a regular est even when you withdraw early. There is no savings plum for people who aren't in a high 3 months' forfeiture of interest or reduction enough tax bracket to take advantage of our of your principal. All-Savers Certificates. Because, the fact is, The Commercial Credit Plum. It's a for a majority of people, the best savings plan sweeter deal Certificate rates may change is still the one that pays the highest interest. W 27. Available to Utah resi- Plums pay higher interest than Federal y--4dents onl law allows on comparable plans at banks and t i m savings & loans. Compare the rates you see 'Ifk fj P1C a Plum above with what they are offering right now kyf for Higher Interest V and you'll see what we mean. Jjjr D send me more informati()n Plums also come with short terms that S a 1 Iere s my check wr molu'y onif'r for don't tie up your money for 2 years or Pla": D 3 m,'"ihf 1 , . 2ears I,, tr , di frf " Tyi of account: U Individual Joint Tenancy more. We Offer a low $1,000 minimum Trustee Corporation1 on our "90 Day Wonder" 3 month f certificates. Just $500 on 1 year In ,he name(s) of PES : 1 ' certificates. . J My Signature . 1 And, if you Want a plan with Co-Owner Signature . I passbook flexibility, our Super Sav- Account Address - . II ings Plum now pays 10 annual in- 1 City State 2,p f terest compounded quarterly on $2,000 e f or more...7 annually on less than one $2 000 My Social Security Tax I. D. J Certificate Plums offer daily com- V fViyiMlPl?f,IAI fPFT1TT t pounding and pay a high 6 annual inter- V VlvUfIXtfiVvlriL V4UjU1 1 I COMMKKCIAI. CREDIT PLAN w 'Nonrenewals at the same rate. INCORPORATED . Rate may change at renewal. t gggJ' ''f Salt Lake City, 252 E. Third South 84111, 3280291 Granger, Carriage Square. 415(1 S. Redworxl Rd. 84119, 9(59-3484 Murray, Fashion Place Mall, 6121 S. State 84107, 262-9213 Ogden, Ogden City Plaza 84401, '.m -9195 Provo, Zk N. University Ave. 84601, 373-6812 Cedar City, 23 W. Center 84720, .586-658 1 t I -j GUBLER & ce"tfedpub-caccountnts I BOX 1 130 360 WEST 300 NORTH ACCIATCC CEDAR CITY, UTAH 84720 AjjVJLIAI LJ (801I5M 9479 ATOISSIONAtCOPHIlAll)N I0""31"' :t '(J jP':iiSlI?r: - i'tUf,'.:- j 1 .-W M JOSEPH H.CUBLER JAMES M. WILSON HOBBY VERSUS BUSINESS The tax regulations do not permit a deduction for hobby losses; yet if your hobby is profitable, it may have become a business and subject to income taxes. There is no simple answer for when a hobby is a business or visa versa. If your activity shows a profit in two out of five consecutive years, it will not be deemed a hobby unless the IRS can prove otherwise (two out of seven years for breeding, training, showing. or racing horses.) The two out of five year test (seven years for horses) is not conclusive. The regulations provide several other factors which help determine whether you have a hobby or an "activity engaged in for profit." The following list is not presented in any order of preference, nor does it limit the number of factors which the IRS can consider in making its determination. 1 ) Are complete and accurate books kept and is the activity carried on in a businesslike manner. 2) Proper preparation to enter the given activity as to accepted business practice, education, or consultation with those who are experts ex-perts in the field. 3) The time and effort expended in relation to the recreational aspects of the activity and the amount of time taken from other profitable activities. This personal involvement may be replaced by hiring qualified personnel to carry on the activity. 4) Expectation that assets used in activity may appreciate in value. 5) The success of the taxpayer in carrying on similar activities in the past. 6) Losses in the start-up years will not necessarily be held against you if they are customary in the industry or if they are due to unforeseen circumstances. 7) The profit years as compared to loss years to date when related to the investment and the fair market value of the assets used. 8) Are there other sources of income being offset . by the losses generated in this activity. 9) Elements of personal pleasure or recreation. The above factors will be part of what determines whether you are permitted to take a loss on certain activities. |