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

Page 12 NORTHWEST HERALD Section B Thursday, September 5,19IS Business/ Agri-Business Deadline for barley, wheat crop insurance Sept. 30 Monday, Sept. 30, is the dead­ line for farmers to apply for crop insurance for barley and wheat in McHenry County, according to Willard F. Davey, representative for the Federal Crop Insurance Corporation (FCIC). Crop insur­ ance covers unavoidable loss of production resulting from ad­ verse weather conditions, wild­ life, earthquake, or fire. "Three coverage levels (50,65, or 75 percent) are available for insurance protection," Said Da­ vey. "Additionally, FCIC offers three optional price elections for valuing production lost or damaged." A new crop insurance plan, called actual production history (APH), is available this year to producers of wheat, barley and oats, in addition to corn, grain sorghum, peanuts, cotton, rice and other crops. Producers of/ these crops may now qualify for higher yield guarantees by prov­ ing their yield history. Rates have been developed to offer re­ duced premium for producers with above-average yields. "With the increased cost of producing a crop, it makes good sense to take a look at this new concept," Davey pointed out. To find out more about the APH plan, producers should con­ tact a local, authorized agent. To select an agent, producers may check the list of agents at their local ASCS office. IRS pursues deliquent withholding taxes By Mark Smith ; stafi writer Heralds) Inhere! Business seminars planned at Harper Harper College will be offering several all-day seminars this month on a variety of topics relating to business. "Effective Inventory Con­ trol" will be offered on Wednesday, Sept. 11, from 8:30 a.m. to 4 p.m., "Selling Professional Services" on Friday, Sept. 13, from 8:30 a.m. to 4 p.m., and "Starting Your Own Busi­ ness" on Sept. 14 from 9 a.m. to 3 p.m. "Effective Inventory Control," course reference number LXX026- 001, is designed for manufacturing and material managers, and super­ visors of production and inventory control and purchasing. The focus of the seminar will be on how to maxi- nlize customer service while mini­ mizing inventory levels. Topics will include cost composi­ tion, inventory turnover, traditional systems, material requirements planning, accounting and control, physical ^flventory control, and physical distribution. The seminar leader will be Eugene Magad, asso­ ciate professor and coordinator for the Material Management Program at the college. Tuition is 387, plus a $13 fee for materials, coffee and lunch. There is a special tuition rate of $82 per per­ son for each group of three regis­ tered from the same company. "Selling Professional Services,' course reference number LMM030^, 001, is for accountants, attor business consultants ancfHr&ount managers who need to sell their professional services. This seminar will show participants ways to de­ velop a practice factor, increase profit margins and increase client retention. Topics will include successful practice development, determining the needs of the client, organizing and planning proposals and how to successfully obtain the commitment to informal verbal proposals and formal written proposals. Tuition is $52, plus a $14 fee.. "Starting Your Own Business," course reference number LLW090- 001, provides an overview on loans, federal assistance, ^accounting and legal requirements, and marketing and sales techniques will be taught. Louise Schrank, entrepreneur and author of "Life Plan," and Anna Bush, Barrington attorney, will lead the workshop. All the seminars will be held at the college at Algonquin and Roselle Roads in Palatine. To register, call 397-3000, ext. 2410,2412 or 2301. Farmers must maintain ACR to get full benefits Now that farm program partici­ pants have established adequate conservation protection on their acreage conservation reserve (ACR), or idled cropland, to prevent soil and water erosion, Susan Mar- accini, McHenry County executive director, said maintenance proce­ dures must be used on the land throughout the year, up until Jan. 1, 1986. "To qualify for full program bene­ fits, farmers can not neglect the acreage and allow it to grow into weeds or to become a hirboring place for insects and rodents," Mar- aodni said. "The ACR must be cared for in accordance with provi­ sions of the acreage reduction pro­ gram contract." Under the program, farmers are required to use normal measures for controlling weeds, insects and ro- Illinois apple harvest should be early this fall An early spring in Illinois caus-- ed apples to bloom 8 to 12 days earlier than normal, pushing the Illinois apple harvest ahead of schedule, according to Dan Meador, University of Illinois Ex­ tension fruit crops specialist. With the early start, the sum­ mer apple varieties, strawberries, raspberries and blueberries all matured one to two weeks early, Meador said. And, he added, ij; ap­ pears that the major fall apple varieties, Jonathan, Red Delicious and Golden Delicious, also will be early unless un­ favorable weather occurs. "Excessively hot weather would delay maturity, "color develop­ ment and harvest," Meador said. "Otherwise, harvest of these fall varieties j" Avr>ected to start bet­ ween A and Sept. 1 in southern 'Minois and between Sept. 5 and 10 in central areas. In northern areas, Mcintosh harvest orobably will start between Sept. 5 akd 10, and harvest of the three major varieties will be several days later." The 1985 Illinois apple CRP<p is estimated at 2,290,000 b^fetfels by the Illinois Crop Reporting Ser­ vice, Meador said, noting that the number is about 150,000 bushels more than the 1983 and 1984 crops, but is slightly less than the five- year average of 1979 through 1983. "Southern, central and northern areas all have moderate crops this year," Meador said. "A spring frost April 9 just before bloom reduced the crop somewhat in the area from Mt. Vernon to Edward- sville. Severe winter cold in nor­ thern areas damaged Jonathan fruit buds, resulting in a light Jonathan crop in that area." Corn, wheat exports down, soybeans rebound slightly Early projections by the USD A and others reflect the expectation that corn and wheat exports will be down sharply in 1985-86. Soy­ bean exports are expected, to re­ bound modestly, but remain wt. below the levels of the period 1978- s 79 through 1983-84. The USD A projects corn exports in a range centered on 1.7 billion bushels. Exports of tha. magnitude would be 225 million bushels less than the projections for the current year and the lowest level since 1976-77. The mid point of the export projection for soy­ beans is 675 million^>ushels, 75 i has been a lot of talk recently about changing the federal tax codes to make them simpler and fairer. But while politicians hash out a new code, the Internal Revenue Service is still working to improve its enforcement of the present system. "We try to do the best we can in tax administration with what we have," explained Dennis Sansone, chief of the Chicago Collection Division of the IRS. According to Sansone, withholding tax is one area where the collection divisions encounter a lot of delinquent payment problems and where a concerted effort is being made to collect what is owed. Sansone explained, that businesses are required to deduct withholding taxes from their employees' checks and then hold that money in trust. The businesses are then suppose to turn that money over to the IRS on a quarterly basis. What happens in some cases, Sansone said, is that the funds are collected by the business but then not turned over to the IRS. The other common collection problem/he added, is with self employed people and those that own their own business that don't report that income at all, and thus do not pay tajpe on it. Most of the delinquent taxes are due from small businesses, Sansone | said, and in most cases the money has been taken from the trust account ' and spen^on other things. What commonly happens is that the business will fall on Hard times, because of unexpected expenses or declining sales, and dips into the withholding tax trust account to temporarily cover its opening costs. ane said delinquent withholding taxes is one area where the depart- lent is pursuing "aggressive enforcement" of the collection procedures. procedures start with notices being sent out from the Kansas City office, he explained. "Nothing will happen the day after the deadline, maybe not after a month or even two months, but sooner or later we catch it when someone doesn't pay," Sansone said. After four or five notices have been sent out, including the "final notice," he said the IRS then moves to other collection measure, with the most serious being the possible seizure of assets. Sansone stresses that no matter what, peopleshould not ignore the notices because they won't go away. "We do makeonistakes or the taxpayer may make a mistake," he said. "You can't ignore the notices. It's not like so much junk mail. Once the process is put into motion it will continue until you respond." Sansone added that quick response is also necessary to avoid certain penalties that are imposed for failure to file and for late payment. To avoid the failure to file penalties he advises people to file even when they can't make the payment, as those penalties alone are 5 percent a month of the taxes due, up to 25 percent. Sansqne said if a business knows it is going to have a problem meeting its obligation then it should try to borrow money, refinance a loan or sell some of its assets to pay the taxes before they become delinquent. He added that while the IRS is not in the financial counseling business, they will work with a business to help it make arrangements to pay off its over due taxes and avoid seizure of assets. The business does have to show an ability to stay current on its tax payments while paying off the past due taxes, however. "It's the taxpayers responsibility to see they meet their tax obligations," Sansone concluded. Gross joins medical staff at Good Shepherd Hospital Orthopedic surgeon Mark Gross, M.D., has joined the medical staff of Good Shepherd Hospital, announced William Sittler, vice president/chief executive of the hospital, recently. Dr. Gross received his medical training at Northwestern Medical School and completed his residency at Loyola University affiliated hospitals. He is an associate of Frederick Locher, M.D., and Michael Young, M.D., of Lake County Orthopedics Associates with offices in the Doc­ tors' Office Building on Good Shep­ herd Hospital's campus. Good Shepherd is located near Barrington, II, on Highway 22, two miles west of Route 59. Mark GrOSS, M.D. dents on their ACR. If these mea­ sures are found inadequate, Marac- cini said other measures are mandatory. "It would be unfortunate at this point for a farmer to be found out of compliance for failure to maintain his or her acreage conservation re­ serve land," she noted. Maraccini slid keeping the land free from weeds is most important and farmers who fail to do so will be out of compliance and could lose program benefits. The acreage re­ duction program contract also pro­ hibits harvesting ACR land. About 9,500 acres of McHenry County cropland have been diverted from crop production to the ACR through this year's farm programs. "We are checking farms to see that these acres are being properly maintained," the ASCS official said. million more than the projection for the current year. Other than the current year, however, that projection represents the smallest exports since 1976-77. Wheat exports are projected in a range around 1.2 billion bushels, 224 million less than a year ago and the lowest level since the 1978- 79 marketing,year. Actual sales of new crop grain are even more disappointing than the projections for the year. As of Aug. 8, 1985, only 88 million bushels of new crop corn had been reported as sold for delivery dur­ ing the 1985-86 marketing year. WORLD OF SPORTING GOODS SHOE MARATHON BASKETBALL CONVERSE Star Tech Men's Leather High Tops *mm rebate = 34.99 CONVERSE Men's Persuader High Tops OA99 mm^W reg. 36.99 Leather uppers; padded collar; rubber sole. TENNIS ADIDAS Men s Enforcer 3/4 99 reg. 29.99 Mesh and leather ankle-supporting uppers PONY Men's Profile 3/4 . 199 reg. 39.99 Leather uppers with concentric circle sole. NIKE Lady Recognition 99 reg. 36.99 All leather hi-tops with padded collar. ENTIRE STOCK OF MEN'S s AND WOMEN'S WARMUPS, RUNNINGWEAR, AND GYMWEAR NIKE, ADIDAS, PUMA, BROOKS, HERMAN'S and more. ADIDAS Men's Finalist or Lady Monica Both in cool, lightweight and durable canvas. Plenty of padding; tough rubber sole. Great casual shoes, too! RUNNING 18 99 ) reg. 21.99 and 22.99 ADIDAS Stan Smith or Lady Smith 3d" W I reg. 39.99 , All lc uther; stitched or hobnail sole. ADIDAS Kids' Stan Smith Jr. 24 99 20^30^ MEN'S WARMUPS: NIKE, ADIDAS, PUMA, HERMAN'S 20i WOMEN'S WARMUPS: NIKE, PUMA, HERMAN'S reg. 29.99 Supportive leather uppers; hobnail sole. 20?* ETONIC Men's and Women's K-15 Series Running Shoes Mesh and suede uppers with firm heel counter for stability and all-surface sole. Superb comfort and protection. ADIDAS Men's Centaur 29" Mm W reg. 34.99 Nylon/suede uppers; durable sole. NIKE Men's Vector C099 mm reg. 59.99 Air* wedge system. Center-of-pressure sole. OFF MEN'S RUNNINGWEAR: . ADIDAS, NIKE, BROOKS, | PUMA, HERMAN'S AND MORE!- 20?s30£, WOMEN'S RUNNINGWEAR: NIKE, HERMAN'S 20o°f MEWS GYMWEAR: ADIDAS, NIKE, PUMA, HERMAN'S reg. 36.99 SOCKSMITH 3-pr Pack Tube Socks Men's and boys' styles. e ETONIC Aerobic Shoes for women CONVERSE Aerodyne Mid for women Women's 3-pr Pack Sport Socks White OAQ or white with stripes. \J 0099 tmkCm reg. 27.99 Nylon/suede uppers; reg. 43.99 Supple leather uppers; cushioned wedge. cushioned; padded. WEST DUNDEE: Spring Hill Mall SCHAUMBURG: Woodfield - Mall Sale now through VERNON HILLS \ WE WELCOME THE AMERICAN EXPRESS CARD, Hawthorn Center