The following text may have been generated by Optical Character Recognition, with varying degrees of accuracy. Reader beware!

Tax Facts Let's Talk Taxes: ? A Quick Guide To Paying Less, Enjoying It More > (Part two) Absent since 1968, the familiar Form 1040A - the so- called short form -- is available again during this year's tax- filing season. "The short Form can be a convenience for many," says tax expert Sanford Kahn, "but it can be costly to many others because they take the easy way out instead of searching for ways to save on their tax returns." Those eligible to use the short form are taxpayers whose 1972 income consisted of wages and salaries in any amount and who received no more than $200 in dividend income and-or $200 in interest income. The Internal Revenue Service estimates that 31 million of the nation's 76 million taxpayers fall within this category. "But those who are can­ didates for the short form don't have to use it, nor should they feel they're expected to," Kahn asserts. "They've simply got to review their own situation first and then decide." Kahn points out that use of Legal Notice SPECIAL ASSESSMENT NOTICE Special Warrant City of McHenry, Special Assessment No. 30 NOTICE: Publication is hereby given that the Circuit Court of the Nineteenth Judicial Circuit, McHenry County, Illinois, has rendered judgment for a special assessment upon property benefited by the following i •a following improvement: A connected system of sanitary sewers, includir manhoies, stubs, and ai necessary appurtenances thereto in certain streets and properties located in Lakeland Park Subdivision, Lakeland Shores Sub­ division, and other avenues, streets and private places adjacent thereto in the City of McHenry, McHenry County, Illinois, and known as, City of McHenry, Lakeland Park Area Sanitary Sewer System, Special Assessment No. 30" as will more fully appear from the certified copy of the judgment on file in my office; that a warrant for the collection of assessment is in my possession. All persons in­ terested are hereby notified they may call and pay the total amount assessed against their property at the Special Collector's office at the McHenry State Bank, 3510 West Elm Street, in the City of McHenry, Illinois, should they desire. The assessment judgment permits the payment of the total amount assessed in ten (10) annual installments, as is set forth on the assessment roll, with the first installment thereof being due and payable on the 2nd day of January, 1974. Interest is payable on all amounts due ana owing under the assessment judgment from and after the 8th day of March, 1973, as computed at the rate of 6 percent per annum. The total amount of the assessment judgment rendered against the various lots, tracts and plots of land is $1,268,430.03, not including the public benefit payments to be made by the City of McHenry. Datea this 8th day of March, 1973. s-Thomas F. Bolger Special Collector, City of McHenry, Special Assessment No. 30 (Pub. March 14,21,1973) Legal Notice NOTICE Public Notice is hereby given that on March 6th, A.D. 1973, a certificate was filed in the Office of the County Clerk of McHenry County, Illinois, setting forth the names and post-mfice addresses of all of the persons owning, conducting and transacting the business known as OUR FARM, located at 6703 W. Bull Valley Road, (Nunda Township) McHenry, 111. 60050 , w . Dated this 6th day of March, A.D. 1973. Vernon W. Kays County.Clerk (Pub. March 14,21,28,1973) the short form could result in paying unnecessary tax dollars because it prevents claiming itemized deductions ~ plus employee business, sick pay and moving deductions, and retirement income, estimated tax, investment, foreign, motor fuels and regulated investment company tax credits. "So it's essential to deter­ mine if you're entitled to claim any of these deductions and credits and whether claiming them will reduce your 1972 tax bill," says Kahn. "For example: If you have a mor­ tgage on a home, you can deduct all the interest payments. That could easily be $1,000 a year or more. If you add a couple of hundred dollars for charitable contributions and uninsured medical bills and prescriptions, you're already close to the $2,000 maximum standard deduction. "Every single penny you can itemize beyond that is money in your pocket." In brief, according to Kahn, those who generally benefit from itemizing - that is in not using the short form - are homeowners with large mor­ tgage interest and property taxes; people who've had a large casualty loss or con­ siderable medical expenses, and those who donate heavily to religious and charitable causes. "Moreover," Kahn says, "the short form isn't all that easy to zip through. There are 16 pages of instructions from the IRS about how to fill it out. Legal Notice NOTICE To: Leonard Plywaczyk P.O. Box 334 Lemont, Illinois 60439 You are herby given notice that on March 23, 1973, a sale will be held at JIM ADAMS AUTO BODY, 2902 W. Route 120, McHenry, Illinois, to sell the following article to enforce a lien existing under the laws of the State of Illinois against such article for skill or material expended upon a storage furnished for such article at the request of the following designated person, unless such article is redeemed within ten days of the publication of this notice. The time of sale will be 9*30 3 m. Name of Person: Leonard Plywaczyk. Description of Article: One -1970 Cadillac with 1972 license plate number 2991. Amount of Lien: $200.00. JIM ADAMS d-b-a , JIM ADAMS AUTO BODY BY: LOOZE AND KINNE, his attorneys Samuel J. Diamond (Pub. March 14,1973) Legal Notice Re: Miscellaneous No. 47835 UNDER THE REGISTRATION OF TITLES LAW OFFICE OF TITLES P.O. Box 494 KINGSTON 31st January, 1973. WHEREAS I have been satisfied by Statutory Declaration that the duplicate of the Certificate of Title for ALL THAT parcel of land part of PROVIDENCE near NEGRIL in the Parish of WESTMORELAND containing by survey Seventeen Thousand Six Hundred and Four Square Feet of the shape and dimen­ sions and butting as appears by the Plan thereof hereunto annexed and being the land registered at Volume 992 Folio 698 of the Register Book of Titles in the names of JOHN BEHMILLER and DONALD DEVINE - HAS BEEN LOST:- I HEREBY GIVE NOTICE that I intend at or after the expiration of Sixty days from the first appearance of this advertisement to cancel the said Certificate of Title and register a new Certificate in duplicate in place thereof. E.L. MILLER Registrar of Titles. (Pub. March 14, 21, 28,1973) Completing the regular 1040 doesn't actually take that much longer." Kahn believes that "Uncle Sam, to some extent, capitalizes on the fact that everyone hates to tangle with tax forms. But by using a short form or taking a standard deduction on the longer form many people end up paying more than they should." A more sensible approach, Kahn maintains, is to consider tax filing "a part-time job - and a lucrative one, at that. An evening or two of hard work, compiling all the pertinent data required for your own use or for a tax service that you go to, is one of the best ways to save money at this time of year." The short form, says Kahn, "is certainly entitled, like Jack Paar, to make a comeback. Since it offers the taxpayer another option, it should be welcomed. To those who have scarcely any deductions and whose income is from wages only it can help dispose of an unpleasant chore a bit more quickly." However, Kahn insists, "the fastest way isn't always the smartest way. Taxpayers who use the short form should only do so after they've made ab­ solutely certain it's not costing them more of their hard-earned dollars than is necessary." Area Students On Honor Roll At Marian High PAGE 7-PLAINDEALER-WEDNESDAY, MARCH 14, 1973 Oeffling, Si an Walczynski and Erika Meissner of McHenry, Karen Weingart of McHenry, Vickie Radloff and Christopher Patti Amor* of Solon Mills and Rich, Ringwood, and Larry Lee Ann Cristy of Wonder Wenkel, Wonder Lake, fresh- Principal Thomas J. Parsley of Marian Central Catholic high school has announced the names of 122 students who qualified for the semester honor roll. Many from the McHenry area were included among those who attained a 3.5 or 5 plus average on the high honor roll. Highest ratings went "to Terese Herkes, Pam Miller, Margie Olsen and Terri Radtke of McHenry, seniors; Bill Adams and Christine Thelen, McHenry, and • Karen Jakubowski, Wonder Lake, juniors; Sam Anderson, Dave Bolger and Michael Miller of McHenry, sophomores; and Valerie Bach of Wonder Lake, Mark Miller and Robbin Radtke of McHenry, freshmen. On the second honor roll are those who achieved a 3.0 or "B" average at the end of the first semester. From this area were Linda Adams, Debbie Burke, Debi T^andre, Steve Maxson, Julie Lake, seniors; ^Katherine Anderson, Mary Ellen Bolger, Kathy Clark, Nicholas Leicht, Doreen Litka, Michael Pierce and Mary Walczynski of McHenry, Maureen Cristy, Wonder Lake, and Theresa Cummings. Spring Grove; Also Patti Anderson, Marcia Biasiello, Annette Boarini, James Harrer, Maria Metzger and Kathy Simon of McHenry, and Karen Lavin, Wonder Lake, sophomores; Kathleen Carey, Jim Harrison, Kim Huemann, Charles Hollenbach, Tamara Justen, Dan Knox and men. SAFETY AND CRIBS WASHINGTON - The Bu­ reau of Product Safety has confirmed drawing up a set of safety standards for baby cribs which will include narrower space between the slats. AIRLINES & KANSAS TOPEKA, KAN.--Two air­ lines report they will bow to Kansas' antiliquor laws and will no longer serve drinks in flight while flying over the state. Legal Notice ~ CUSTODIAL SUPPLIES BID McHenry Community High School District No. 156 will receive bids on Custodial Supplies for the 1973-74 school year at the Board of Education Office until 4:00 p.m. March 23, 1973. Phone 385-7900 Michael R. Kelly Business Manager (Pub March 14,1973) THE McHENRY AMERICAN LEGION 2505 No. Ringwood Road presents MUSIC - DANCING - ENTERTAINMENT AT ITS BEST Featuring 'The Two Beers & A Coke" Jack Slaughter - Ray Bujak -Nancy White EVERY FRIDAY NIGHT 9 til 1 a.m. MAKE FRIDAY NIGHTS YOUR FUN NIGHT AT THE LEGION HALL. •OLDB HICKORY K^nnioi >< \̂ YEAHS OLPj PAUL MASSON. BXIAMD* OLD HICKORY Light and Rare WHISKEY 79 Fifth IMPORTED HIGHLAND BREEZE SCOTCH 99 Vi Gallon PAUL MASSON BRANDY xh Gallon NEW LOCATION: 4610 W. ROUTE 120 EXTRA DRY or VODKA 98 Quart CANADIAN HARDWOOD CANADIAN WHISHY 3 3/10 00 r~ Sat.-Sun.-Only 39 Fifth 6-12 Oz. Cans LANCER* THE WORLD IS OUR WINE CELLAR LANCERS ROSE WINE OLD STYLE BEER --•••--> While item Last GETTLEMAN'S BOCK While Items lust STROH'S BEER Giant 12" Kitchen Fresh Frozen Lar^ Bottle IMPORTED CHIANTI PIZZA Cheese or Sausage ICE CREAM All Flavors EACH Vi Galbn NESTLE'S 3/89c King Size Chocolate Bars RESERVE THE RIGHT TO LIMIT QUANTITIES. PRICES EFFECTIVE MARCH 14 thru MARCH 20- WHILE ITEMS FJAY LESS - GE T MORE c Full Quart PREmost 4gucfr&Zole4r 4512 WEST ROUTE 120 McHENRY