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Show A Sickness and f A gfeiftli By Ddckle Williams ' LI CPA's fan IS So, you want to be In shape but you're discouraged by the recommended programs of running or walking 2 to 10 miles or similar activity that seems beyond reach. Here is encouraging news for those of us who are no where near 18 or fit, but want to Improve a bit. According to experts, there Is no correct answer. Instead they say It's your present health and your pocket book that should dictate what's best for you. Tim Kerln, head trainer at the University of Tennessee recommends that whether you are a business man or a house wife you should do the same S things (1) get a good general physical exam (2) start "slow and low" (3) Get a good pair of comfortable, sturdy shoes. Once you have the go ahead from your doctor, Kerln advises you to set three conditioning goals for the fitness program you creat; flexability, aerobic condltioningj overall body toning and muscle strength. Most Important Is "to pick something you'll enjoy and do". Remember to begin gently, build slowly, maintain sensitivity to pain and distain gimmickrv. Eniov yourself! Ken Munk gets the "hats off award" of the week for his musical sing along (and a little dancing too) program for the nursing home patients. A hearty Thank You to you Ken and an Invitation to come again! San Country chapter of the Utah Association of Certified Public AccounEverett offers these tips, tants. prepared by the American Institute of Certified Public Accountants. TAX STRATEGY To determine your best year -- end tax strategy, compare your projec tlons for your 1986 and 1987 income and expenses. If you find you have more income this year, defer any additional income and take as many deductions as possible. Charitable contributions, medical expenses and contributions to retirement plans are examples of deductions currently available that will either be restricted or unavailable beginning In 1987. 4 an early withdrawal on cost more than you can your think. Under the tax reform act, taxpayers will continue to pay a 10 percent penalty for withdrawals they take before the age of 59 12. Also, any money withdrawn Is subject to Income tax at the same rate as other income. Look for more economical ways of borrowing money and remember, retirement money should be earmared for retirement. IRA 5 SELLING YOUR HOME If you were thinking about selling your home In the near future, you'll be glad to know that the net tax laws wont affect you. You can RETIREMENT PLANNING Many people will lose the deduction for contributions to IRAs be- - 6 CHANNELING TO INCOME CHILDREN If you've been shifting Income still defer the profits from the sale Thursday, Nov. 20, 1986, Page i i (r By DENNIS HINKAMP No doubt you've heard the jokes about the "real" cost of a wood stove. You know, by the time you buy a stove, stove pipe, cut a hole In you roof, then rent or buy a chain saw and truck and pay for the medical bills for nearly cutting off your toe...well, maybe it's not such a bargain after all. Many conservation measures are not all they're t racked up to le. We often neglect the lower cost energy conservation techniques in favor of the more less conventional ones, according to Dr. LaRaeCha-telaiassociate professor of home economics and consumer education at Utah State University. Chatelaln says active solare equipment can save energy, but It may take many years before the money you save on energy lulls exceeds your outlay on the quipment. In other these words, n, THOUGHT FOR THE WEEK: THE LAZY FARMER This time of year sure tickles me; I'm always happy as can be when winter time draws near again, 'cause It's the only season when 1 can relax beside the fire and not "The shrill toot oftheUtahSouth-er- n engines soon became a familiar part of the local scene. The railarouse Mlrandy's ire. It's not like road had caused a tremdous when she screams loud if I spring, amount of improvements to be made dont help get fields all plowed; in the area, and with the announceIn summer, when small grain gets ment that the officials had selected her cause Mllford as a division station if tht ripe, my loafing gives In early fall, a million to gripe; was continued south in the road chores all pressure me to get outspring, hopes really began to soar. doors, and if I try to loaf and slack, The cold weather managed to take she's sure to make some nasty the edge off, however, and everycrack. thing else was kept at a standstill. But soon as sky shows signs of A few teams had to be hired to haul snow and icy winds begin to blow, the ore from the Williams Smelter, the heat is off and I am free to but by March the SENTINEL repordo my loafing openly. The choring ted that the town was as "quiet as wont amount to much, just feeding a country churchyard." cows and hens and such; an hour There was time for people totune of milking twice a day that job's their attention to something besides anyway., some eggs to business, and so they' made an effort .Mirandyjs. now and'Jben, and ", cannot g$her. 5 ef ttieiraefeiidreV, info, the day5 remember when Mirandy ever school which was now runnlngunder me in the hen house anyhow. And so the next few months will be the direction of Clara Latey. They a mighty pleasant time for me; had an Increase from thirty to thirty-fiv- e Instead of being forced to sneak off students and were expecting a where I cannot hear her speak. I few more to join in the near future. now can squat in my own chair and The lull also gave the people a know the boss won't even care. chance to look around town and see just what a barren place they were living in. There were no trees or shrubs of any kind in the entire community except for the salt grass and sagebrush nearby. A group met together and decided to plant some trees. Locust were selected, and a row was planted two blocks long stretching from the Stoddard Hotel north to the Williams Hotel. Within a week they were reported out in leaf. The DAILY TRIBUNE capitalized on the reporting of this incident to poke a little fun at the local newspaper and schools when it quoted the following excerpt from the SenThe Community United Methodist tinel with the com ment that it "showChurch Women are holding their ed conclusively that the Mormon first Christmas Bazaar on Friday, November 21st at Helene's Restauschool master is abroad," rant on Main Street. The bazaar The Shade Trees put out by will feature Christmas Decorations L. Kesler is now coming out in to add color and beauty to your Leaf. home, beautiful handmade gift items Two of our correspondences is and Christmas candles. There will crowded out this week, but will also be a "Children's Christmas In next. our appear Table" where the young people can Very could and clowdy ofTues-dashop for their Christmas giving. We invite everyone to come in and Don't forget the spelling school browse. on Friday next. Clearance Sale ( Ends , did-allo- hri Bazaar Jl fi - 1 A Friday y. mmc I . IM It Cum Reduced f "Rates - I i Vr if J V'- a 4c la si! live miens to loan of reduced rate: oitai ne J4oLm Jrappy Between now and December 31st, First Interstate Bank is clearing out real money for instalment loans reduced up to 1 below our already low bank rates. Money for whatever you want: a new car, a vacation, home improvements, college expenses or even the orthodontist. Talk to one of our officers today. You'll find our service fast and friendly, and our loan rates competitive. Come get your share while the supply lasts. 40tk First Interstate IQUAl MOUSMG LENDER Bank A member of ) Soony . 1 the First Interstate system with assets ol more than $49 billion 3 1 ' art not nearly as "cost effective" as simple caulking and weather stripping around doors and windows and adding lnstulatk to ceilings and walls. She says even simpler axe small lifestyle changes such as opening closing your drapes and windows to regulate heat, turning thermo stats down on furnaces and water heaters. She adds that turning off lights and heat in unused rooms Is a simple energy saver. According to surveys done in eight western States, storm and double pane windows and Interior window coverings are popular choices for reducing energy consumption, but Chatellan says unless theyare sealed properly, they are not very cost effective. Also, the much less expensive method of covering windows with plastic can be just as effective while lieing less expensive. "Our studies of attitudes toward energy indicate that despite the lessening of media attention to energy issues, people still consider energy costs a serious situation and are willing to make some effort toward conserving energy," she says. The Reagan administration has (ieeinphasbed energy conservation so there are no federal tax credits for energy conserving additions to your home, but there still are state tax credits available methods Our Loan Barbara Mayer By L Hps Taking 6 ?KUMt By AN EARLY HBTORY OFMILFORD GEORGE A. HORTON, JR. CHAPTER VII 1881 to 1889 LIO CI Vd IRA WITHDRAWALS if, within two years you buy another home that costs at least as much as the one you sold. If you are 55 or older, you can make a one to exclude up to time election $125,000 in gains on the sale of your home. 3 New next year. If you donl already have an IRA, open one. And if you do have one, make a contribution. If you are eligible to participate in a company sponsored retirement plan like a 401 (k), consider Next year, conjoining this too. tributions to these will also be affected by the new tax laws. ginning DEFER INCOME Investing in either government securities or a certificate of deposit that will mature next year is a good way to defer income into 1987. By Investing your money now you will defer taxation on the interest for a year allowing you to pay less in taxes and to lower tax brackets in 1987. 2 (Jltalico Valletj ?at tips Families can lessen their tax bite by taking several simple steps before new tax reform laws go Intc effect. That's according to Wayne Everett, spokesman of the Color 1 into trusts for your children, be aware of a possible tax increase. Money put tnto an account for a child under the age of 14 will be taxed at the parents rate, even if the account existed before the tax reform act. Children older than 14 are excluded from the tax increase. Investigate other tax deferred savings opportunltes for your childs future. Member FDlC Equal Opportunity Lender |