| OCR Text |
Show s 1 Salt Th t I ! I aky Tribune, Sunday, February 2, 1373 Ji f I 4 it to tin rFaIoni The IRS and Marriage By Jacob Smith, three differenct answers. Please tell CPA Taxpayers and the IRS have at least one thing in common: They have trouble under- the standing Southwood Medical Plaza at 880 E. MOO South will provide 28,000 square feet of I space for medical and professional offices. to developers. according Structure sometimes hair line distinctions between married will be adjacent to Southwood Medical Pavilion. The contractor is the Art Co. couples filing either jointly or and separately; Million-Doll- between filing Plaza ar & 24-Offi- ce Complex Planned In Sandy r Newspapers new dar loans is The trend to longer-teraccelerating, according to reports from the nation's two largest automotive fmancing companies. Ford Motor Credit Co. said that, for the first time in its history, it wrote more than half its contracts on new cars and trucks last year for longer than 36 months, the old industry standard. Contracts for 37 to 48 months accounted for 58 percent of the companys 1977 business. General Motors Acceptance Corp., which did not include trucks in its breakdown, said that 43 percent of its car contracts were for more than 36 months. Until the early 7u most vehicle loans were limited Knignt-Ridde- m Special to The Tnbune Medical and commercial professional space here will be increased by 28,000 square feet with construction of the Southwood Medical Plaza at 880 E. 9400 South. The milhon-dollplaza will be adjacent to the Southwood Medical Pavilion. It will offer 14 medical offices in the lower level and 10 spaces for such as lawyers, accountants and real estate brokers on the upper level. Owners include pharmacist Dale D. Bain, dentist Dr. Stephen A. Walker; physician Dr. Frank Dituri, and designer Blair Jones. Interim and long-terfinancing were arranged through First Security State Bank, according to Mr. Bain. Contractor is the Art Co., Bountiful. SANDY ar separately when married, and g as a single person when not married. It sounds confusing because it is. There is often a significant difference in income tax if the best available category is not chosen. Dear. Mr. Smith: I have been filing joint returns with my husband from whom I have been legally separated, but he always insisted that I was not able to do otherwise as long as I was still legally married to him. My yearly income, which includes his partial support, is a little higher than his. I called IRS three times and I got Car Loans Gaining Longer-Ter-m fil-m- to 36 months, but since the longer terms were introduced in 1974, an increasing number of buyers have sought to reduce their monthly payments by extending the terms. Ford Credit was concerned at the outset that terms of more than 36 months would cause customers to hold on to their new cars for longer periods, slowing sales, Roger Sehembs, market and business development manager said. But the companys studies based on owner interviews, he said, have shown no significant adverse effects so far on sales. But it could create problems that we would have to face up to, Sehembs said. me w hether I will be better off if I could file as a single person. My total income comes to about $25,000 yearly from C.W. savings. Someone who is legally separated" is a single" person for income tax filing You are required to file your own, individual return, beginning with the year in which a court decree established your separation Most likely your tax would have bs-less if you had filed the correct way. and your husbands tax would have been less also, since two single people with about the same income pay less tax than a married couple Dear Mr. Smith: I'm a freelance writer. After four years of averaging about $15,000 a year income, I anticipate an income of $50,000 to $60,000 next year because of royalty income on several books. Thus, it seems I should try' income averaging to cut my tax bite in 1978. Correct? B.B. Since you are a writer, you may not like to think that one picture is worth 1.000 words. My suggestion is that you obtain from IRS a quantity of pictures Schedule G (Form 1040) and work out the projected results right now, usipg v arious high and low income figures for a 1978 computation. m Winners n Losers In Weekly Stocks NEW YORK (AP) The following list shows the New York and Ameri-ca- n Stock Exchange warrants that stoc ks and have gone up the most and down the most in the past week based on percent of change regardless of volume. securities trading $2 are included. No below Net and percentage changes are the difference between last week's closing price and this week's closing price. - Winners New York Stock Exchange Pci Lett Oh. OH 300 MershFted 2 Coacttmn 104 -- 2 OH 158 3 AmepCoro Oft 13 6 74 4 UMET Tr 24 4 Off 136 10 b $ Chrysler 14 OH 130 1 Off 6 McUxjth Stl 94 9h 7 Rosario Ret 2 Off 94 84 8 McfceeCP U -3- 14 Off 96 9 PetrteSt 34 Of 9 6 Off 10 Batmen U 9 5 454 -1-- 14 Off 90 P Gnmmr Cp 12 Tejrit 24 4 Off 87 lrj 3 Hood 2 buf 32 3 O 84 U Timken Ca 414 -4- 34 Off 8 5 15 Rexnro ptB 4 Off 80 Name h --3 54 -- 14 17 18 19 71 3 23 84 - 4 Off 79 24 OH 7 J 14 Off 76 31 -3-24 Off 74 b -14 Of 74 73 44 14 OH 4 Off 71 14 Of 68 94 33 -- 74 Off 6 7 5 34 4 Off 94 30 Homestke EM UO Colurr Piet SuaveSnue I7W Natmsto 2? CordoraCp 4 6 Wamaco lot UnGuamty Avnet 2 4 -1- -- 2 7 34 39b 39b 24 FrehmnMH 29b 4 I Vutcan Corp GariandCp AmScI En V 18 19 2D V 22 23 24 25 9 Homed Ind Firstmark Aennca Inc Grenroan A&envraO CDlCorp TennerEnfl Numac OG Acme Prec 30 Si 4 4 4 4 2 4 Dicon Sargent 100 0 UP Up Up 2U Up IU H Up 1M 4 Up 4 Up 112 19 Up 44 Up 17 9 1 2?4 34 4 UP 44 f 4 Up 174 9 Up 144 25 24 4 Up '4.7 14 Up 142 94 44 5 Up 16 35 4 Up 144 164 24 Up 14.9 It PitOesMom 12 13 14 15 14 Up I7S Up 364 64 LeisurTec 4 Bartons C3y 9 10 Exchange Pd. On. Lest 5 Ind 4 64 Bottorlnt NuctearDat 104 54 CM. Corp Lawn Lesers Stock American Name Nova Coro 2 Onto Brass 3 Cohu Inc 4 Hewtcke 1 American Stock 2 4 14 4 Up 14 3 Up H-Up U3 Up Up 115 Up 112 lO Exduap Securifly TMe Company Food Boycott Fizzlin Out EL RENO, Okla. LAP) A food boycott by inmates of the federal reformatory here appeared to be fizzling out" Saturday, as about 180 refused to eat breakfast. Warden Timothy Keohane said. Keohane said about 900 of the 1,200 prisoners refused dinner ha s a new Eeall Estfafe Cflosfiimg ffffSce in Soutfheim Salltf Lake Couimflyl Come visit us at 2039 East 70th South Security Title strongly believes in the future growth of Salt especially in the southern end of our county. To make our services more convenient to realtors, builders and individuals in this area, we've opened a new closing office. Our experienced staff at this office pro ides the follow ing ser ices: Real Estate Closing (Escrows) which include-- : A. Cash sales. B. Cash to assumption of existing mortgage. 2. Expidite title orders through our home office computerized title plant at 330 East 400 South in downtown Salt Lake City 3. Subdivision trusts. Remember, too. Security I itle provides complete statewide service through agents located in all 29 counties in Utah. Lake County 1 STOC LARGE LUS Of MEW me am YOUftI USD SURP- pun ISNGTHEM, pn SHORTER, . MUNCl UCA.CAOLLACI DOVE SPECIALISTS IMUOtNCY 27S-162- 40 W. Hat 2 Sovtfc. Wt Ufa . Roi H. Stone Here are he people who will be greeting you in our new office: aTwibmi CEIiItirGtD DEOTEBsaenS InPkogtmi Last month, Mr Stone was recognized as one of our top producers throughout the nation. His policyowners became Midwest Life Nebraska ' Partners in Progress when they added modern plans of Life, Health and Disability Year round we re right here in Salt Lake City to help you with the ups and downs business Whether ft s in tndustnal otltce, technical, data processing marketing petroleum, or medical fields we have the temporary solutions to your e staffing problems of MANPOWER' to 4m you m KM) iii 370 So. 7th East 364-656- 1 protection to their insurance coverage For personal insurance counseling, tailored to fit your individual needs, contact Mr. Stone at the Balanced Security Corporation in Salt Lake City Phone 464-886- io-il Ar tG V h l eo D. e Pri sid A'- Gerald Adamson r t mt ii Pi t nli .v Paul Sch.iellmq ? si row Of ii S r in B os her. Palme Relations r i Sharon Bulow Sei ie irv 3 - Life e4raka WutlrtM u mi'nv Security Title Company ' Home Office: ust Of fice: hcV) Closing 5 f I ' f .u tl c. i i s t M )t w ' it t k sith Salt .i,ih Salt m I 1 it!i i n i ( MU .ike City ( llah 8 nke ( itv ( it il, S 1 . I . , in (80 I 1 M I", (SO m ) I ) o t i 1 P.M Sunn Arakaki Secretary |
