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Hawaiian Couple To Present Program At Woodstock Church Mark and Diane Yashuhara. known to thousands as " The Hawaiians" will be performing Saturday, March 20 at 8 p.m at the Woodstock Community high school The young musicians will present music which ranges from Bach to Bacharach. Tickets will be sold at the door. For further in­ formation, call 455-2700. New Life Singers Will Appear At Woodstock Church Aurora College's "New Life Singers" will appear at the First United Methodist church, 205 W. South Street, Woodstock on Sunday morning, March 21, at 10:45 a.m. This special McHenry county presentation is open to the public The church is located at the intersection of Throop and South streets. TAX FACTS BET PROFESSIONAL carpet dnniR| molts! (hfaitgimilfprm) RENT 0UW RINSE N VAC-tto mw portabli, Mty-to-uM hot watar , attraction carpot doming mochina that futlf ... • rinaoa carpot fibors with (wt watar and claaning aolotion j looaona and lifts all dirt grima and rosiduo* to tha carpot surface whara thoy oro immediately © • laavoa your carpats CLEAN. FRESH and ODOR-FREE! ciiun cmhis - g •. Hurt tor only hot m« auw leecu ($2% m«$.. • $5.00 MIN.) HOUR OVERNIGHT SPECIAL I 8:00 P.M. :00 A.M. $10.00 HORNSBYS . f a m i l y c e n r c n 4400 W. ROUTE 120 McHENRY, ILL . The Law Serves You Falcon injured In Minnesota Set Free In Texas Many special opportunities are available for older Americans to save money, even when it comes to paying taxes. The following questions and answers highlight a few of the special tax provisions that may benefit older taxpayers. Q. I am 68 years old, and I understand that because I am over 65 I qualify for a special income tax exemption. Is that correct? A. Yes. All taxpayers who are t;. or older can claim $750 exemption for age, in addition to their personal exemption of $750. Q. I am a 70-year-old blind taxpayer-can claim a $750 exemption for blindness, in addition to a $750 exemption for age, and the standard personal exemption of $750? A. Yes. Regardless of age, taxpayers can claim a $750 exemption for blindness. The declaration of this exemption does not disqualify the tax­ payer from claiming other legitimate exemptions--in this case, the taxpayer has total tax exemptions of $2,250. Q. I have a friend who claims a $750 exemption because she's 65 years old. Does she also get an extra $30 Personal Exemp­ tion Tax credit on her 1975 tax return? A. The Personal Exemption Tax credit is allowed for each exemption to which a taxpayer is entitled, except for age and blindness. For example, a husband and wife who are both 65, and are filing a joint return, will only be able to claim a $60 credit ($30 x 2). Q. I am a 67-year-old tax­ payer and I plan to sell my home this fall. Is there any special tax benefit I can take advantage of when I sell the house? A. Yes. Taxpayers who sell or exchange their home are permitted to exclude from their gross income part or all of the profit on the transaction if they meet three conditions: they must be at least 65 years old before the date of the sale or exchange; they must have owned or used the property as their principal residence for at least five years within an eight- year period ending on the date of sale or exchange; and they must never have used the exclusion before (taxpayers may use the exclusion only once in their lifetime). Those who qualify can exclude all of their profit if the adjusted sales price of their residence is $20,000 or less. When the ad­ justed sales price is more than $20,000, only part of the profit IRS Requires Documentation Of Some Kxpenses Requirements for sub­ stantiating claims on income tax returns vary, but taxpayers , should keep accurate records of all financial transactions to be safe, The Illinois State Bar association says in all in­ stances. proper substantiation is advisable; in some instances it is required. For example, estimated amounts are not deductible for away-from-home travel ex­ penses, entertainment costs, or buisness gifts. These deduc­ tions must be backed up with specific proof, such as the actual amount of the ex­ penditure, the time and place of travel or entertainment, the date and description of business gifts, the business purpose of the expense, and the business relationship to the taxpayer of each person en­ tertained or receiving a gift. Failure to support one of these elements with proof may result in the complete deduction being disallowed. Substantiation is not required, however, for the amount of travel expenses under a per diem allowance or reimbursement not exceeding $25.00 per day and tran­ sportation expenses for em­ ployees receiving a fixed mileage allowance not ex­ ceeding 15 cents per mile. And employee expense accounts need not be accounted for on a tax return if the employee is required to account to th6 employer for the expenses. To comply with the adequate records requirement for ex­ penditures that need sub­ stantiation. a taxpayer should maintain an account book, diary, statement of expenses or similar record, and support the expenditures with documen­ tary evidence. Most wage earners and in­ dividual taxpayers are con­ sidered to be "cash basis" taxpayers by the Internal Revenue Service, while some persons who are self-employed or operators of businesses are termed "accrual basis" tax­ payers. The Illinois State Bar Association says the difference can be important, particularly in determining when to report certain types of income. A cash basis taxpayer must report interest in the year in which it is actually or "con­ structively" received. A tax­ payer constructively received interest if it is made unrestrictably available. For example, some 12 month savings certificates provide that the holder may surrender the certificate at an earlier date than maturity with a lesser rate of interest. A cash basis tax­ payer has taxable income as of the end of the taxable year equal to the interest that would have been forthcoming if he or she had chosen to surrender the certificate at the end of the year. Also, interest credited to a savings account is con­ structively received and thus, taxable, even though it is not withdrawn. If the taxpayer is on the accrual basis, interest is reported as taxable income in the year in which it is earned; the date of actual receipt of the cash is immaterial. Name March National Eye Bank Month The eyes have it. At least during the month of March, according to the Illinois Society for the Prevention of Blindness. Ma^ch is National Eye Bank month, and you can participate in two important ways, says the Society, which administers operations of the Illinois Eye Bank in conjunction with the Illinois Eye and Ear Infirmary of the University of Illinois. First, if you've been putting off that regular visit to your eye doctor, you can schedule a check-up for your eyes and for may be excluded from income. For additional information, taxpayers can order IRS Publication 523, "Tax In­ formation on Selling Your Home," by filling out the convenient order blank in their tax packages. WANTED People who enjoy Good Food at Reasonable Prices FRIDAY FISH FRY 5 PM - 10 PM Perch - Whole Catfish • Halibut Shrimps Chicken • Steak Pistakee-Golf Club 815 W. Bay Road McHenry, Phone 815-9854 mWam ##* PIRFCTHNF FIRESTONE "500" RADIAL EACH HR78-15 JR78-15 J73°° each LR78-15 576weach Grant Batteries ™ *10°?. >\ m ft MCHENRY TIRE MART 3931 W. MAIN 385 0294 The U.S. Fish and Wildlife Service today credited the collective efforts of a Hibbing, Minn., veterinarian, a team of wildlife scientists in St Paul, and a raptor expert in Texas for the apparent recovery and rehabilitation of a peregrine falcon injured in October 1974 near Meadowlands. Minn The revitalized bird was released to freedom last week at the Laguna Atascosa National Wildlife Refuge in Texas The falcon suffered a gunshot injury in Minnesota while apparently migrating from the tundra regions of northern Canada to winter habitat in Texas, according to Robert Hodgins, special agent-in- charge at the FWS regional office in Twin Cities, Minn. The peregrine falcon or duck hawk of arctic race is protected under the endangered species act, Hodgins said In a series of events marked by compassion and patience, the immature female falcon passed from hand to hand, and from north to south during its lengthy convalescence and rehabilitation. Passersby discovered the injured bird along Minnesota Highway 5 and took it to Dr. James Farnham. a Hibbing veterinarian Farmham ad­ ministered to a broken w ing on the bird, corriecting it with a bone splinting operation The U S Fish and Wildlife Service, responsible for wildlife protected by the endangered species act. received the bird from Farnham and transferred it to the University of Min nesota's Raptor Rehabilitation Center in St Paul, where an examination disclosed the falcon's tail feathers had been damaged Doctors Gary Duke and Pat Redig used an "imping'" technique perfected by falconers to replace the damaged plumage with new feathers procurred fropi C o r n e l l U n i v e r s i t y ' s Laboratory of Ornithology, Ithaca. N Y., according to Jim Engel. FWS • endangered species coordinator in Twin Cities. / Engel said wildlife scientists "gleaned useful information" from the tireless efforts to recondition the bird for flight He said the extraordinary interest in a single represen tative of an endangered species reinforced the position of science "because we still have a lot to learn about man) species " The I'ieriite lo put the bird on the wing moved sleadlasll> skyward alter imping restored the bird s tail and dignity The U S Air Force agreed to transport the falcon aboard a training flight bound for Texas The FWS said the falcon was probably southbound to Texas when an unknown prankster rudely injured it in Minnesota With a stiff wing and new feathers supported by bamboo slivers glued to its tail section, the disfeatured falcon was turned over to the custody of Dr Granger Hunt at the Texas- based Chihuahuan Desert Research Institute Hunt became the falcon's trainer and last human at­ tendant The bird, in molt, changed its wing and tail leathers in about six months. Hunt said Although he had the bird flying last year. Hunt said there was a noticeable "stiff ness" in the mending wing Most dyed in-the-wool falconers consider the peregrine the epitome of all flying things -second in speed and flying qualities to perhaps only some insects The world population of the species is in trouble, according to the FWS. largely because of man's past use of hard pesticides in the environoment Training the clinic-tame falcon was a tedious challenge for Dr Hunt The bird had become dependent on man Hunt retrained the falcon to make the creature obey its natural instincts The bird became proficient in capturing »' U.K I* Pl-AINDKAl.KR FRIDAY. MARCH t», 1*7« optimistically of the falcon's odds for survival domestic pigeons on the wing The peregrine falcon is ad mired by veteran falconers An able winged hunter, the peregrine is ulconry. said a Minnesota falconer But some provincial and practical minded waterfowl enthusiasts are not impressed They see the duck hawk as a thorn in their skv a fleet thief from the tundra regions Fleetness gradually returned to the falcon from Minnesota Her time on the wing increased notably during training flights A finished smoothness characterized the agile flying form in the big Texas sky The gird gave the illusion of art in motion By Christmas past, the bird had been reinstated as a full fledged falcon Dr Hunt s work was done The bird could apparently fend for itself on the wing l^ast fweek a decision was made to release the falcon at Laguna Atascosa National Wildlife Refuge Following the bird's release. Dr Hunt spoke 24 HOUR TOWING! "Just a few days ago she spent about 45 minutes on the wmg. which irf a long time." Hunt said "Now you can't tell that either wing was damaged "1 feel she is in good shape There s a very good possibility she will make it " WHY CCN*r XXJ H£LP VOUtt FRlfMD ClHD HIS GOLF BALL? ipra no*/ HCS LCOONS FOR HIS CLUB! m Jut,, Co. PHONE* DAY-(815) 385-0444 NIGHT-(815) 385 1422 every other pair of eyes in your family. Secondly, you can put light into someone's life by sup­ porting the Illinois Eye Bank ~ a non-profit facility that depends on eye donors and individual contributors to bring sight to hundreds of the blind and near blind in the state each year. Support of the Illinois Eye Bank, Society officials explain, can be accomplished in several ways. You can sign and carry a "donor card" that signifies your desire to donate your eye tissue in the event of death to any deserving person whose sight can be saved or restored. You can also send a donation to the Illinois Eye Bank, 53 West Jackson Boulevard, Chicago, Illinois 60604. All donations are tax deductible. Whatever your gesture, it can help to bring light into the life of someone now living in darkness. The car of the future is at the sign of the cat today! Monarch is designed the way we believe all cars may be designed someday. Dimensions front roar Overall width 74 0" Headroom 38 5" 37.6" Front tread 58.5" Legroom 41.1" 36.0" Rear tread 57.7" o mi;:r , - (A) Standard-size *(D Mid-size (2) Precision-size (§) Small-size All cars someday may be trim and nimble, free of excess bulk, yet roomy inside. All cars someday may provide deep-cushioned comfort. All cars someday. But Monarch does -- right now. Optional bumper protection group and vinyl roof Jtss shown on Monarch Ghia 4-door. Beautifully finished in classic dove gray with a rich red accent. Ask your dealer about other color selections. But be sure to the classic dove gray finish on this model -- accented by rich red vinyl upholstery inside. It's likely to be one of the most popular combinations. This strikingly handsome coupe, with its classic grille and opera windows, may remind you of more expensive cars -- except for its moderate price. And Mercury Monarch is also available In 4-door models. Come see the car of the future now? Mercury Monarch An independent survey shows this Mercury Monarch 2-door is about *3960 This is the average of prices determined by an independent shopping sur­ vey of 50% of all Cnicago area Lincoln-Mercury dealers conducted February 2 thru 5 As with any average, some prices were higher some lower Taxes and title extra See your Lincoln-Mercury dealer tor his price and terms Bring this ad and compare it to the window sticker Moderately priced, smooth riding and luxurious.. with all these features. • 4.1 liter (250 CID) "Six" engine • Select-Shift automatic transmission • Power steering • Front disc brakes • Steel-belted radials • Opera windows • Solid-state ignition • Cut-pile carpeting • Column-mounted wiper controls • Full wheel covers On display at your nearby Lincoln-Mercury dealer today and at the Chicago Auto Show, February 21-29 Buy or lease ...at the sign of the cat! .*» j ' • t ' 4 01 »> .£ • o