WW^VWWWWVflWWW>WWiWVWWWWWWVW.WW^^W Here and There In Business... WVWWWftWSWW^^W^WWWWWWWftWWWSWftWWWWW imm. \j PAGE 15-PLAINDEALER-WEDNESDAY, NOVEMBER 8, 1972 \^v xptiyers Ask^ tout MS This column of questions and answers on federal tax matters is provided by the local office of the U.S. Internal Revenue Service and is published as a public service to taxpayers. The column answers questions most frequently asked by taxpayers. HUNTING SAFETY Hunting season can mean accident season if you aren't careful. A hunting accident can spoil the fun of hunting - and may even spoil a life. Use these rules of the woods to prevent hunting accident: - Wear a bright, blaze- orange hat and vest for easy recognition by other hunters. - Unload guns and lay them down when crossing a fence alone. After crossing a fence, retrieve your firearm stock first. - Open the action or unload your gun before jumping or crossing a ditch or small stream. - If hunting with friends, give your gun to a companion when crossing a fence. - Point the muzzle forward, either up or down, while carrying your gun. Never point the gun at another person. - Don't hunt where there are houses, livestock or other people. - Keep snow and mud out of your gun's barrel. - Know where your hunting companions are at all times. -- Before you aim, be sure it is game. * -Do not shoot at hard or flat surfaces or at water. -Unload and clean guns when you're through with them. Store in a locked cabinet. About the only thing youngsters nowdays will do for a dime is to argue that it should have been a quarter. TEEN'S AND WOMEN'S KRINKLE PATENT Debbie CrUty, left, and Chris Bohac are shown preparing Christmas club checks for mailing to 2,409 Christmas club members at McHenry State bank. Mail Christmas Club Checks To 2,400 Members Tuesday, Nov. 7, the McHenry State bank mailed in excess of $310,000 in checks to more than 2,400 Christmas club members. Local merchants will be interested in knowing that surveys show approximately one-third of the amount saved is actually used for Christmas shopping and a similar amount is usually converted into a savings account. The remaining balance is normally used to pay bills or to make a down payment on a major purchase. The Christmas club originated in 1910 and now exceeds 1.5 billion annually. Over 100 million savers had their first contact with banking through the Christmas club program. McHenry State Bank Christmas club grows larger each year and the trend con tinues to be for early distribution of checks. To insure early mailing next year, the new 1973 Christmas club is now opened. College Offers Spanish Course At Area Campus McHenry County College is offering a conversational Spanish course at its Wood stock Campus, (113Mj Benton; Street, Woodstock - on the square above the dry goods store). The classes began Monday night, Nov. 6 from 7 p.m. to 9 p.m. The instructor for the class is Hilda Alejandro. The class will meet for 12 weeks. Students may register on Nov. 13 For further information, contact Pete Stuckey at the Woodstock Campus (telephone 338-3664). A Real Sweet Buy! Brach's Chocolate Covered Peanuts Our R«. 76' 48 Lb. Treat your family tonight with a bag! Crisp roasted Virginia peanuts covered with thick pure milk cho- colate. Market Place Center Daily 9-9 Sunday 9-6 BOOTS Reg. 6.69 The boot that knows no sea son! Smooth glazed krinkle- patent "spat shoe" (scalloped for style) blends into a tall crushed krinkle shaft. Elastic- ized top gently hugs your leg. Side zipper for easy on-and-off. Seles ajjd heels built to last. Sizes: $-TD. MEN'S AND YOUNG MEN'S LEATHER HARNESS BOOTS Reg 17.99 Still Number ONE! The style that put men back in boots! Real leather with all the genuine styling details created by a famous maker at a more expensive price. 10" high shafts- harness strapped, buckled and studded. Dogger heels. Sizes: 6% - 12. HORNSBYS f a m i l y center s - MARKET PLACE SHOPPING CENTER 4400 W. Route 120, McHenry, III. Daily 9 to 9 Sundays 9 to 6 Q) When cleaning house, I came across some records I used to prepare my 1970 tax re turn. Can I throw them away? A) No. You should keep tax records that support an item of income or a deduction at least three years from the date the return was due or filed, which ever occurs later. Records of property transactions should be kept for as long as they are material in determining the cost or other basis of your property. Q) I sold my home at a loss. Can I deduct the loss on my tax return? A ) No. A loss on the sale or exchange of your residence is not deductible* In addition, should you buy a new home, this loss would have no effect on the basis of your new residence. Q) I just sold my summer cottage and I plan to buy a new summer home in a few months. Can I postpone the tax on the gain I realized from the sale? A) No. If you have more than one residence, only the sale of your principal residence qualifies for the rule allowing the postponement of tax. Q) This year I will probably receive more than $200 in in terest and taxable dividends in addition to my salary. Do I have to file a Federal estimated tax return? A) No. Because of a change in the tax law, you do not have to file a declaration of estimated tax (Form 1040-ES) merely because you have in come from sources other than wages, such as interest and taxable dividends, unless you receive more than 8500 not subject to withholding. For more detailed informa tion on the new requirements for filing estimated tax re turns, see IRS Publication 553, "Highlights of 1971 Changes in the Tax Law." It's available free from your Internal Rev enue district office; Q) I donated some old clothes to my church. Can I get a tax deduction for making a chari table contribution? A) Yes. You may deduct as a charitable contribution the fair market value of the clothes at the time of your donation. Fair market value is the price at which property would change hands between a willing buyer and a willing seller, neither being under any compulsion to sell. Usually, the value of old clothing is far less than its original cost since a buyer is normally not willing to pay the same or nearly the same price for used clothing as he would pay for new. At least 179 544 dialects India. languages and are spoken About 7,000 stars can be seen by the unaided eye from any place on earth, on a clear ni^ht, without aid of telescopes. FAT OVERWEIGHT Odrinex can help you become the trim slim person you want to be. Odrinex is. a tiny tablet and easily swallowed. Con tains no dangerous drugs. No starving No special exercise. Get rid of excess fat and live longer. Odrinex has been used successfullyi>y thousands all over the country for 14 years. Odrinex Plan costs $3.25 and the large economy size $5*25. You must lose ugly fat or your money will be refunded by your druggist. No questions asked. Accept no sub stitutes. Sold with this guarantee by: MAY'S RHXALL^IM^S. " APPLY NOW We Train Men to Work As L I V E S T O C K B U Y E R S If you have some livestock experience we will train you to buy cattle, sheep and hogs. v « For a local interview, write today with your background. Include your complete ad dress and phone number. CATTLE BUYERS, INC 4420 Madison Kansas City, Mo. 64111 rVaiMiMf Cm!lit mmJ At pert I I reate something beautiful For you ... or for gifts. Our selections from m.ny types of popul.r er(rft, Zdtoa e,ndl» n»ki"9. d.coupage, ,„d T'°n$ uneomP""'«d, yet proj. ' Infwwtinj and fun to do. All necessary create, enjoyl e°B,""*d °~ b#*- Come, "Harvest Hutch" Seed Box The beautiful hues of nature's Pall harvest . . . dried beans, paas, and corn ... are high lighted in this complete kit. Adding to the country charm are straw flowers and two tiny field mice. All are arranged behind glass and set in a fruit- wood stained "hutch". - -- **"w. "Childhood Days" 3D Wall Plaqoes Mini plaques measure 4 x 5% with three dimensional tSS 4.64 Pr. "Americano"' Custom Jewelry Kit includes all materials to make fashion perfect red and blue rondells and chalnette cord. HK-201 3.76 Kit Christmas Candle Molds Easy to use candle molds. Re-usable. 1.87 - 4.50 Candle Making Decorating Sot I Create a 3 Inch pHlar candle of desired lengths. Set In- jdudee: mold, wick, pad, wax, Itriyi' "C*m ** moW f°fm 9.87 KH 'Frivolons Frogs" Decorative Condle Everything to create a Mr. • • • •" ««ny attired contrasting orange and vel. !£-s.£r 5.76 - Wall Disney Soap Making Sol Includes six Walt Disney character molds and enough Ingredients to make 14 cold creme soap bars. 6.44 Set Concentrated Candle Scents One half ounce bottles of highly concentrated scents. Takes only 5 drops per 1 lb. wax. Choice of the world's 10 moot wanted acenta. 67' £ Decorators Candle Wax quality candto there simple to work i •nd a delight lo mold, tural color. 11 pound el 1.57 HORNSBYS - f a m i l y c e n t e r s - Just Say "Charge It." We honor Master Charge & Bank Americard. Lay Away Now While Se'oc- tion Is Best. A Small Deposit Holds Your Purchase. MARKET PLACE SHOPPING CENTER