Illinois News Index

McHenry Plaindealer (McHenry, IL), 15 Feb 1985, p. 44

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4 IMS Tax Preparation Guide MAKE HOUSE CALLS! THAT'S RIGHT! In a day where house calls are non-existent, we will come to your home or business and stt-up and demonstrate One of the many EPSON or KAYPRO COMPUTERS and PRINTERS that we carry. NO CHARGE & NO OBLIGATION Hard to believe but true! It's the easiest way we know of to assist and assure you of the right choice for your computer needs. GIVE US A CALL! IS YOUR PRINTER TAXING YOUR PATIENCE? Your refund check will come in mighty handy for a new EPSON PRINTER. EPSON, NUMBER ONE. Let us show you why! SOFTWARE-SUPPUES-FURNITURE A MORE! Y O U R C O M P L E T E C O M P U T E R D E A L E R MIDLAND DATA SYSTEMS LOCATED M THE CRYSTAL POMT MALL AL 14 and HAM ST^CRYSTAL LAKE, R. Mora Hours: Man. Mni FH. 10 a. m. to 9 pa. Sat. 10a.m. to 5» p.m.; Sun. 11 a.m. to 5 p.m. 815-459-3274 Good books available on taxes, investments By Karen Caldwell Copley News Service The better armed with information you are, the better chance of understanding the complex tax regula­ tions. Books can give the taxpayer a wealth of information about financial dealings. The following are several books that can held in this process. ORGANIZE YOUR PERSONAL FINANCES: -- Turn Chaos into Cash: by Jean Ross Peterson; Betterway Publications; 124 pages; $5.95. This lively, common-sense guide outlines a simple, practical, non-epmputerized system for the organization and management of personal finances. It is not a complicated text full of "insider" jargon. It is well organized and covers financial issues from record-keeping to checking accounts to credit cards to stock investments. Peterson, who has a degree from Standford University, has taught this system for personal money management for years in college classrooms and at professional seminars. She says anyone willing to spend 20 minutes a week with her plan can have control of his finances -- and peace of mind. WINNING THE INVESTMENT GAME: by James Gipson, McGraw Hill; 180 pages; $17.95. Many books on investment dispense trendy advice that can become outdated soon after publication. Not Gipson's. This guide offers a timeless approach to invest­ ment that outlines strategies for any economic climate. Gipson identifies three economic climates: positive sum, with stable prices and real growth; negative sum, with economic con­ tradiction; and zero sum, with high in­ flation. Gipson tells which investment strategies are appropriate for each climate and which are not. He also gives advice on how to recognize when the climate is changing. Gipson, who has a master's degree from Harvard Business School and is pesident of Pacific Financial Research, says with an understanding of these principles and investor can act wisely and pro­ fitably in the investment game. HOW TO INVEST IN MUNICIPAL BONDS: by Robert Lamb; Franklin Watts; 196 pages; $15.95. This primer book gives information necessary to becoming a knowledgeable investor in municipal securities. It explains how municipal bonds work, what their tax advantages are and outlines their risks. It explains where municipals can be purchased and gives advice on analyzing the credit worthiness of municipalities. The book provides the reader with a variety of strategies for buying, selling and swapping municipals. Lamb, an associate pro­ fessor of managment at New York University's Graduate School of Business Administration, hosts the "Tax-Free Bond Watch," a television show sponsored by Shearson Lehman- American Express on the Financial News Network. In 1980, he co-authored the book "Municipal Bonds." THE PROSPERITY HANDBOOK: by Michael Fries and C. Holland Taylor; Communications Research; 495 pages; $8.95. This easy-to-read, generously illustrated text offeres a crash course on understanding how financial issues relate to individual decisions, economic trends and govern­ mental policies. This comprehensive text offers everything from a gastric explanation of inflation to advice on in­ vestments, taxes and Swiss banks. It emphasizes the importance of the in­ dividual in shaping his own success and prosperity. The handbook gives advice for the personal success ranging from changing jobs to building self- confidence. According to the author, "The easiest way to build self- confidence is to do the best job you possibly can. Knowing that what you are doing is useful to yourself and to society will generate confidence in you -- the confidence to succeed." This con­ fidence is then interrelated to the con­ fidence to force changes in govern­ ment, its policies and therefore the economy. LAND RUSH: - The Secret World of Real Estate's Super Brokers and Developers: by Mark Stevens; McGraw-Hill; 290 pages; $15.95. This book peers into the secretive world of the nation's most powerful and well- connected real estate brokers and developers. The author estimates that fewer than 100 people control 95 per­ cent of the world's prime real estate. And he says that most of the wealth is concentrated in a relative handful of deals in the oases of affluence in Manhattan, Palm Beach, Palm Spr­ ings, Greenwich and Beverly Hills. In this book, Stevens observes the power brokers at work in these communities. He discusses specific property sales, such as the Dino De Laurentiis Beverly Hills mansion to Kenny Rogers, ex­ plores real estate franchises and outlines the inside success secrets of 20 leading brokers. Full of colorful anec­ dotes, this book is an inside look for thse who seek similar success in real estate. As the author writes, "There are no greater models for success than those who have written the rules." Stevens also is the author of boojts ex­ ploring accounting firms and high- fashion modeling.

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