Brownwood Bulletin (Brownwood, Tex.), Vol. 63, No. 71, Ed. 1 Sunday, January 6, 1963 Page: 8 of 26
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COMANCHE RAINFALL
r
8-A BROWNWOOD BULLETIN, Sunday, January 6, 1963
[
0 05 0 53 2 78 4 33 4 75 1.01 1.16 2.70 0 95
1.58 1 02 2 62 18 59
Md the
etfect om the bu»
504 6 35 1 24 43 67
1959
FOR
BUT
Special rules have been written
ture. evn if paid lor separately.
along.
Drinks m a
. er day just fos the sake of "bust-
would be two expenditures. Drinks
NOT ALI-
might read like this:
to a direct business purpose.
The rules for recording business
manager. Anchor Distributing Co.,
and his force of 8 salesmen; to gifts are similar. in. general, ex-
B
Even before
there
lounge and night dub
owners, as well as forecasts of
SALE
distress among entertainers, wait-.
7
ers.
Dirksen Predicts
2)
5
6
Everett
Dirksen of nlinois has signaled
to hold the economy line against
E2
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*
$;3
-2 12.
i
Tteru
• Si
Plus
or
95
Plus
Exeh.
BIG 19-NCH
No hend rinsing ever necessary!
. G-E TV
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DOWI
DELIVERS
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PAY ONLY Mt WEEK
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I
EAN
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1240
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sos FISK
1
GOOD’YEAR
SI0?[
COMPLETE LAUNDRY OUTFIT
NCLUDED
BONUS’
^'0^! Beauty ow TabCc Wc 7
bonus;
BONUS
; bonus;
BONUS
BONUS)
BONUS
BONUS
Legal Action
Set To Help
Pecos Doctor
FREE BONUSES VALUED UP TO 2455 WITH THE PURCHASE
OF MANY G-E MAJOR APPLIANCES. TVS AND STEREOS
tssued
cocktail
DeLuxe General Electric
Portable Dishwasher
• 2 Meat
I.Wp
Dishwashe
below!
3 00 0.46 0 23 20 89
0.00 4 08 2 04 22 44
24.95 CHINAWARE
SET INCLUDED! '
r‘s wife along aa
guest — but not
cost of taking his secretary on a
business trip, but gets no deduct-
tion for his wife unless there is
a business reason for her to come
matters need not be told in the
expense diary so long as they are
tl to Dew
Deliven
Medd SCUM
m.tap--.
SDITORS NOTE—The tax rules
on business entertaining have un-
dergone signdficant change. Their
M DOWN
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$24.95 Value
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• Beeutiful Hardwood Cabimet
• Record Storage Space
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$14995
11* on
210-VOLT
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car ac iTr
GOOW/SVEAI’S THIRD ANNUAL
B0U"
vite the custer
a tax-dedctik
his own wife.
I
Bf
Anna
ea l
Irga
*S#
answ
ride
as tl
Tour Old
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the Down
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$1.73
Weekly!
* Aluminized Tube
♦ hJ Power Tramsformer:
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4 Beautiful Styling
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■
==i
Deductions Require Substantiation
$14995
Deluxe Hi-Speed—Two-Heat
=n DRYER
1 Months
to 3 Years
to Pay
Dopending Upon
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presents are ihfxpe
tickets to a high-s
game and distribut
bee of persons.
23” WOOD CONSOLETTE
G-E TELEVISION
cept that no receipts are ever
needed That's because Congress
allowed no deduction at all for
gifts exceeding $25 to one person
in one year.
think la effective."———
NO INTENTION
Dirksen indicated he has no in-
tention of joining with Democratic
_________ _____ don't see any real results from it.
. a GOP drive in the new Congress They are getting tired of pouring
to hold the economy line against money into a program they don’t
5.10 1.56 0 86 25 78
0.03 3.14 072 15.12
• Comtinuously Vorioble
Width Contrel
• Precision Etched
Cabinet Boerd
• Picture Tube Protector
• Fai Pawar
Transformer
• Aluminiued Ficture
Tube
• Dart Safety Giuss
23352**,,3
-*( e*35y
w
think
is tui
previ
tache
doing
No
carte
bow
there
mode
point
Thi
of p
then
of th
hires
Of
male
firms
sober
festiv
when
be ri
Receive Free Bonus of
24.95 Worth of Stereo Records
with the purchase of this
4-SPEAKER
G-E STEREO
14.98 Value
Codinet
Included
An 0-1. TVs Carry a
MB eer, werrent, an
An Pert eed AU Mil
Republicans would take the posi-
tion he and House Republican
leader Charles A. Helleck hold
- MebileMald with Power Shower
_4 and Flushaway Drain
d Automatie Record Changer
for Any Decor
The term covers dues paid to his day-by-day expense diary not
---- With
} Your
Purchase ol
A
General Electric
WASHER
DRYER
A $24.95 VALUE
This sensotionel oRer for • Kmited time only! Our Store s big volume of busines
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chice of washer or dryer! Free delivery, installation end service, too!
Big 12-Lb. Capacity
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PAY
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PE OcenDaoc7
) 10 Albums 24*ValM
199”
Pay Only 2.25 Weekly
SAM724XMD
mme wemt * Meheyey
mla.Tscyavu
Teer’s Wanranty M AB Parts
and Mi Tubes.
719995/
Fay only s3Weekly 1
customer. he apparently cm in-' revenue agents on demand.
a Percelel Tsp end Sidet
o Exelusive Moe-Clogging Fiter
S t-Vr. Trememisioe Werrenty
S QpsrsSst Perteetty two Whes ter
Tab Is Out of Belec
No
riagi
Jack
in t
Load
toucl
Sit
ings
rang
of C
dead
Stra
killer
dene
mun
is
killen
"facilities." rule. the taxpayer must show in bership.
When entertaining a client or ' recorded and kept available to lowed by dinner in a dining room, calls’ entertainment
EW ,
MoDERN,
created some intriguing problems kind of entertainment; the bust
which still haven't been solved. . ness reason for the entertaining.
PECOS 'AP—Legal action has
been taken to permit Dr. John
Dunn at least a -limitee-practice
in the Reeves County hospital
from which he was barred ear-
lier this week
Dr Dunn, who was the first to
call government attention to the
financial dealings of former West
Texas agricultural financier from
the hospital staff and would be
permitted to treat only his pa-
dents now in the hospital
Dial Judge J H Starley then
denied a plea for a restraining
order to forbid the hospital gov-
ernors to her Dr. Dunn from the
hospital and set a hearing on the
matter for Jan 10
In an amended motion Friday,
attorneys for Dr Dunn said there
were 12 expectant mothers and
five critically ill persons among
his patients who might need hos-
pital care at any time.
A businessman can deducthe
tie to Schenectady, would be discussion" AH that remains is
doomed under an inflexible rule, for Caplin to decide what kind of
that entertainment must be tied luncheon atmosphere is conducive
24.%
Chinwere set
Is sis f id!
te regulation was
were wads from
the business entertaining
ductions for part of these costs at the country club or the chil-
because they were used for bust- dren go swimming in the pool, a
ness entertaining. Henceforth no dated entry must report "family
deduction is allowed unless 51 per use" or "personal use." It would
rent or more of the use is for bus- be simpler, some businessmen
By JACK BELL
WASHINGTON < AP 1 — Senate
financing of heafih care for the
elderly through an increase in
Social Security taxes probably
will be turned down again, Dirk-
sen told reporters Friday.
* NO CUT
On Kennedy's plans for a tax
reduction. Dirksen indicated most
and dinner at the dining table private dubs. the rental of hotel only
3. If there are a number of bus- would be one expen88b, suites. and the costs of maintain- done, but also each use by the
■mesa guests, not all need to be The tip,can be incded in the
Republican leader
ing yachts. swimming pools, taxpayer himself or members of
beach cottages or hunting lodges, his family
said for separately. to curb abuses arising from the mess purposes,
cocktail lounge. fol- entertainment use of what IRS To substantiate the 51 per cent
has proposed that Dirksen fill one
of two' vacancies on the 17mem-
ber committee.
If he accepted, the Democrats ,
• would agree to let the committee
division stand 11 to 6 in their
favor, instead of reducing the
GOP representation to five and
giving the other poet to a Demo-
crat.
Dirksen also told the reporters,
meeting with him in his office on
his 67th birthday, that he and
Halleck expect to resume weekly
news conferences shortly to point
up their party's differences" with
the Democratic administration
For economy reasons the Na-
tional Republican Finance Com-
mittee has cut off the funds to
finance staff operations for the
conferences, widely known as live
"Ev and Charlie Show." Dirksen
said, however,, he anticipates no
difficulty in getting the money
elsewhere
o%
a ’
There should be no cut unless
spending is slashed
On the foreign aid front. Dirk
san foresaw deep trouble ahead
for the aid program. These diffi-
culties. he said, will be com-
pounded by the expected submis-
sion by Kennedy at a $99-billion
budget.
E-9 aw6 X lone * w. "" • - -
bartenders stripteasers, cig- voucher must be kept
arette girls and even—as Caplin -UCH NEEDED
has acknowledged—call girls. The diary entry must show the
But Caplin had to hew to the amount spent, the date, the name
letter of the law, even when it and location of the place. the
0 65 0 43 0 59 2 70 2 61 1.34 0.23 0 99 1 80 Lx- - - -
1955 1 97 1 91 137 180 5 62 5 03 2 02 217 4.71.0,58* 0.55 000 27 73
1956 1 54 1 75 0 14 4 32 4 30 0 80 0 06 0.10 0 36 1 58 1m 262 18 59
1957 ' 077 1 30 2 37 9.18 8.07 2 19 2.17-0.75 4 24 . ----
1958 3 30 2 60 2 44 5.53 2 08 1.60 2.93 0 60 4 60 2.70 1.40 0 80 30.47
0 36 0 79 0.10 3.10 3 50 7.10 4 88 2,42 1.97 7.86 0 93 3.77 36 78
2 12 1.53 1.11 1.18 3.16 2 00 1.73 2 25 2 84 4 05 .43 4 70 27.10
- ---- 2------ .03 2.61 3.30 -1 88 67 35 80
05 8 57 3.12 1.31. 74 27 25
leader Mike Mansfield of Montana
in offering a compromise rules
change when Senate liberals
launch an effort to ease the Sen-
ate debate limitation requirement.
The nlinois senator indicated he
is keeping an open mind on Dem-
the taxpayer. some advice on what constitutes
These exceptions are ioted: one expenditure. These may be
i L Other guests need not be helpful: be left out of / the diary if the
to talking business instead at
named. A satisfactory entry charge for meal or drinks. for
Presiden Kennedy's domestic
and foreign spending programs
Such presidential proposals as
federal aid to education and the
"327189
ocratic overtures that he take a
post on the Senate Foreign Rela-
tions Commitlee Because he has
given Kennedy strong support in
international crises, Mansfield
M aid.” Dirksen said "The people
। "I think the temper of the
country is turning against foreign
feel, to quit trying to claim the batch 'for the millions at business-
deduction-or give up the mem- men who grab the check day aft-
But Congress left an escape. baseball—or taxes.
IRS offers one shred of comfort ness goodwill" or "keeping up
for the unhappy men in gray contacts."
flannel: The "business lunch" ap- The law lets IRS make excep-
parently will survive. , tions for business meals when
This institution, honored by big the circumstances "are of a type
. NEWS IN BRIEF"
-65
Robbery Foiled
With Statement
* Ie
Anna Hunt. 82 foiled a robbery
in a gift shop Friday when she
attacked the armed intruder and
sent him fleeing.
Mrs. Hunt was talking with a
woman sales clerk when the gun-
man apeared and announced
"This is a holdup"
"Holdup nothing." replied Mrs.
Hunt, as die began sinking the
would-be bandit He fled to a
waiting taxicab.
record-keeping purposes. But if
Business entertarining at home
is discouraged. It will be difficult,
Caplin says, to claim a business
deduction for the usual cocktail
party because the law doesn’t
recognize the costs of general
goodwill entertainment
CLARIFICATION
The tax status of wives will be
clarified IRS promises. in further
regulations due next month, None
too soon, u would appear, for
"June 10, 1963—Lunch, cock- this would pul the bin over the
tails and tip. $62,50; Milford Cafe. *25 limit. the tip can be noted
Bridgeport; for T. L. Young, sales separately.
Caplin already has been accused ,
in official hearings of fostering
"moral decay "
The basic rules are clear, how
ever—-painfully so. to those ready
spenders who didn't need big
bankrolls because they had fat
expense accounts.
Deductions are allowed for a
meal or other entertainment
which directly precedes or fol-
lows a substantial and bona fide
business discussion. Every such
outlay must be entered in the tax-
payer's expense diary. If it comes
to 525 or more, a receipt or
Hard Fight Ahead
STORK HOURS: 8:00 A.M. to 5:30 F.M.— SATURDAI TILL 6:00 P.M.
good/year
• Roscos sm Maga
T-• •L weshing irk— fer
epartiaeean diahm
shadow area where his business
and personal life overlap are ex-
amined in this third ia a series
of thre articles.
_ By STERLING F. GREEN
WASHINGTON (API - Many
Americans have raised their
standard of living—and drinking
and playing — by deducting per
sonal outlays' as business ex-
penses
But the government changed
the rules as of Jan. 1 with an
income tax regulation that de-
mands solid substantiation of all
claims for business entertainment,
gifts and travel
NO LONGER
The spoilsport 87th Congress de-
clared. in effect, that the Treas-
ury will no longer absorb bar
bills, supper club checks. green'
fees or dub dues unless? the
spender proves a business- gel ting
purpose.
In translating the law into a 33-
page regulation, Commissioner
Mortimer M Caplin of the Intern-
al Revenue Service has struck
with special force at what be
called "great discrepancies and
some deliberate abuses and
fraud" in business entertaining.
The rules could cause a ripple
of resignations from country
cubs, a weakening of the brisk
market for private swimming
pools and the forced sale of some
fancy pleasure boats.
For instance. Congress said
dearly that family and personal
expenses could not be deducted
as business expenses. It diln't
say how to treat the situations in
which business and personal life
overlap.
For imstaqce:
zume=gk2=
Rta«ef*cE/#**242
and this additional set of facts: discuss promotion of new line of
The name of each person enter luggage."
tamed, as well aa his title or oth- Scare any single expenditure of
er designation sufficient to estab- *25 or more calls for a receipt or
lish a business relationship with voucher. IRS has had to offer
named. If they have no business . A dinner followed by a theater
connectjon IRS will spell out. ia party would be two expenditures
a future regulation, bow to figure > TWO ROUNDS
the deductible portion of the cup Two rounds of drinks in a cock-
2 Company secrets or classified tail lounge would be one expendi-
forisUs sisdi me imataafion
--=
Stereo Show Com of Stars
*• wondertut albums of such famowa
names as Judy Qertand, Mitch miller,
erookgs Rawton, Folly Bergen, Loui
Armstrong and many others.
Many taxpayers have taken de- Whenever his wife plays bridge and little businessmen from Seal- generally conducive to a business
All for $ 095
Only IJu
PAY ONLY 250 WEEKLY
WITH Aim TUNER $19095
Aboaveilebte is Maple und Walnee •OU
M aowa DELIVENS
EXTRA BONUS!
A FREE GIFT TO YOU
Just for opening or account
with us of $19.95 or more!
___ lira 1960 L.-, ----- ... -, —, — —------ . ,
mC foot ball 1961 6 96 3 62 1.74 1.25 2.63 6 38 4.73
toHnum- 1962 .40 .70 57 3.96 .76 4.28 2 06 „ g - , „
• Avg. 1 221 1.66 1.20 3.53 4 09 2 24 2 77 1.10 3 02 2 86 1.78 1,41/ 27 40
CAN BE LEFT OUT
The names of eft rectpients cm
| Jan. ' Feb. 1 Mar. | April | May 1 June ! July 1 Aw- ' Sept 1 Oet. ' Nov..' Dee..! TOTAL
1950 2.27 2.52 0 22 3 31 4 66 197 3 53 1 97 3 29 0 87 0 00 0 00 24.61
1951 0 32 1 90 1.30 1.94 3 42 7 14 0 48 0 00 0 79
1952 0 07 0 40 1 80 3 321 7.59 0 20 0.20 0.32 2.42
1953
1954
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Gage, Larry. Brownwood Bulletin (Brownwood, Tex.), Vol. 63, No. 71, Ed. 1 Sunday, January 6, 1963, newspaper, January 6, 1963; Brownwood, Texas. (https://texashistory.unt.edu/ark:/67531/metapth1489412/m1/8/: accessed July 16, 2024), University of North Texas Libraries, The Portal to Texas History, https://texashistory.unt.edu; crediting Brownwood Public Library.