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About Medford mail tribune. (Medford, Or.) 1909-1989 | View Entire Issue (Aug. 5, 1963)
o C3 SECTION B Your Money's PAGES 1 to I Medford Tribune Worth By SYLVIA PORTER Copyright, Hill Syndicate. Inc. MEDFORD, OREGON, MONDAY. AUGUST 5, 1963 MAKING OUT WITH EXPENSE ACCOUNT RULES 1 (This is the first in a series of nine articles.) The tightening up of expense account rules for 1963 and on has caused more uncertainly, confusion, complaints, criti cism of the Treasury and general unpleasantness than any other tax law change in the last ten years. Let's cut through this whole mess at the start with one question and one answer. Question: After all the emotional outbursts and popping off, what do the stricter rules mean to the countless hun dreds of thousands of salesmen, businessmen and profession als who must work with an expense account in order to earn their livelihood? Answer: Surprising as it may seem, the vast majority of us will be able to deduct about as much as we ever did, be fore the new rules, if we keep reasonably good records, and at times possibly deduct even more. For instance, there are tighter rules on deducting enter tainment expenses, but in this series I'll show you how all of the rules make it reasonably simple to qualify for deduc tion. You'll see how treating your business associates to lunch or dinner or cocktails is almost sure to qualiiy at deductible. You'll learn that the travel cost of your combined business-pleasure trip will very likely be deductible in full, as before, despite new rules which seem to prevent this. You'll find that Internal Revenue Service Commissioner Caplin is sympathetic to deductions on the cost of entertain ing wives who accompany their husbands to entertainment which is deductible for the husbands, as I will explain later Exceedingly important is timing. Your expense account outlays from Aug. 1, 1963 on must meet all the new rules I will explain. But the Treasury realizes that most of us have had nothing -really firm to guide us until this date. So it has instructed revenue agents to resolve in your favor any reasonable doubts about whether amounts you spent between January 1 and July 31 are deductible under the new expense account rules. Let me ease your minds about another worry. Many of you are wondering whether the Treasury's new rule against deducting "lavish and extravagant ' entertainment means that there is now some dollar limit on how much you can spend for a restaurant meal or night club entertainment. Here's your answer there is no such dollar limit. Even more significant than the absence of a dollar limit is the Treasury's willingness to accept as a reasonable deduc tion the tab you have to pay at a first class restaurant or a top-notch night club if that's what your business situation reasonably calls for. Thus means that a $15 or $20 meal in a quality restaurant shouldn't be barred as lavish or extrava gant if a prominent business or professional man entertains an important customer or client. Here is more good news. There are many expense ac count deductions which will continue to be deductible precisely as they have been in the past. Among the deduc tions not affected at all by the new rules are: Supper money furnished by an employer to an employee working overtime. Christmas parties, annual picnics, summer outings, and other recreational, social or similar activities primarily for employees (but you can't discriminate in favor of highly paid employees and employees who are officers, or stockholders and others who own 10 per cent or more of the business). : Business meetings of employees, stockholders, agents or directors primarily to discuss business. Entertainment in a clear business setting such as a hos- Ditalitv room at a convention: entertaining business and civic leaders at the opening of a new hotel or theatrical productions, etc. The key to the deductions lies, as staled above, in keep ing satisfactory records. Laler in this series you'll find out exactly what kind of records will do the trick. Next: Quiet Meals. POSES AGAIN-Chicf Big Tree, Seneca In dian chief, wearing featljercd head dress, left, poses at a Chicago fair just as he did in 1914 for the famous Indian nickel, right. Big Tree, now 98, and the Sioux Chief Iron Tail, posed for artist James Earl Frazer for the Indian profile 50 years ago. (UPI) The Medical Roundup M. v Emeritus Consultant In Medicine Mayo rlinle Emeritus rrofessm- of Medicine Mayo Clinic (Register and Trihune Syndicate, 1963) Worrisome Pain in Breast Not Necessarily Cancerous Women wonder, when can cer has been found in one breast, why they don't have it m the other, or how the doctor can tell that they do not have it in the other. Oft en the woman gets worried when she gets pain or sore ness in the re- m a i n l n g often happens Alvarez breast. This when the primary disease is a cystic mastitis. In this condi tion, the breast feels as if it were full of buckshot because it is full of little cysts or glo bules of fluid. These repre sent enlarged milk glands. Commonly, a woman with cystic mastitis has some pain her breasts, perhaps, more or less all the time for years. When a woman has pain it is natural for her to be uneasy, for fear she has cancer. Ac tually, cancers of the breast Young A-Line You've got it made... when you've got it saved! Your future security doesn't depend on what you earn, but on how much of your earnings you hold onto. Sn save regularly with us. Your savings are safe and earn excellent returns, while you are building your security. Where you save does make a difference!' Investment made by the 10th ot the month earns as of the first. CURRENT DIVIDEND 4Vi PER ANNUM 1 J c o s 9049 SIZES 2-8 -fTT Q And LOAN ASSOCIATION 201 West 6th Free Customer Parking in Our lot Robert F. Kyle, Mgr. A-L,ine sailor whii an ac cent little girls adore! Easy to sew, so gay in blue or white cotton with contrast braid and I bright red tie. Button front -easy to don. Printed Pattern 9049: Chil dren'! Sizes 2, 4, !, 8. Size ( takes 2 yards 35-inch. FIFTY CENTS in coins for lhi pattern-add 15 cents for each pattern for first-class mailing and special handling. Send to Marian Martin, Med ford Mail Tribune, Pattern Dept., 232 West 18th St., New York 11. N. Y. Print plainly NAME. ADDRESS with SIZE and STYLE NUMBER. CLIP COUPON FOR 50c FREE PATTERN in big, new Fall-Winter Pattern Catalog, iust out! 354 design ideas. Send 50c for Catalog. commonly grow so silently without producing any pain, that when I hear of pain I sus pect mastitis rather than can cer. Through the years, I have seen a few women with such a rapidly growing and malig nant type of cancer in one breast that even before they came to me, they already had cancer in the other breast. But such cases are rare, and usually I could recognize the situation the minute I exam- ed the woman. Such a breast looks as if it were inflamed, swollen and perhaps reddish in color. Safest Thing Occasionally, perhaps years after having had one breast removed for cancer, a woman will return with a nodule in the remaining breast. In most such cases, the wise surgeon promptly removes the breast. It is the safest thing to do, and often if puts an end to the woman's worry. Because in recent years I have seen so many women who were miserable both mentally and physically be cause of a cystic mastitis, 1 have sometimes asked a sur geon to perform what I think is an ideal operation. He cuts through the crease under each breast; he lifts the breast up and scoops out all the breast tissue, leaving the skin, the fat under it, and the nipple. In all the cases in which I have had this done, the wom an has been very grateful be cause she has not only lost her worry, and she doesn't have to go back into the hos pital every few months to have a suspicious nodule cut. An Anti-Virus Drug One of the most hopeful statements I have read in a long time is that a drug has now been found which will combat a virus, and a very im portant virus, the so -called Herpes simplex virus which can attack the cornea (clear window in the front of the eye), and can thereby produce blindness. Herpes simplex of the skin of the chest wall makes shingles. I read that already, the new drug has healed the ulceration or improved the condition of 91 8 per cent of the 3,200 pa tients studied with an ulcer on their cornea. The drug will soon be avail able throughout the United States on a prescription basis. The discovery was made by Dr. H. E. Kaufman, of the University of Florida College of Medicine. Now that one virus has conquered, hope arises that others will also be brought under control. June Allyson Delays Wedding Hollywood - (UPD - Actress June Allyson announced and canceled marriage plans with in 12 hours this week end, but later indicated she still plans to marry as soon as legal mat ters are straightened out. Miss Allyson, 39, widow of Dick Powell, said she had planned to marry Glenn Max well, 35, a Newport Beach, Calif., barbeshop owner, in Las Vegas in a ceremony at tended by her daughter, Pam, i ana son, Ricky, 13. The blonde actress told United Press International Saturday that "Glenn and I had planned to be married to day but we've called it off. Probably indefinitely." Miss Allyson wept for a few moments and added. "I would like to announce some happiness but sometimes It seems I never will." Bui laler she said she and her attorney, Bill Crukshank discussed the impending mar riage. She said her funds "are naturally tied up in the estate oi my late husband Dick Pow ell, who died of cancer last Jan. 2. "Bill tells me that if I marry right now, I will lose my widow's allowance from the estate . . .it would be silly not to postpone it for a while due to these legal complica tions," she said. The attorney said, "We will get these matter straighten ed out as soon as we can and then she can go ahead with her plans." Senate Tackles Military Pay Washington - (UPI) - Senate action was expected to be completed this week on a mil itary pay raise bill as the full Senate Armed Service Com mittee worked on it today. Chairman Howard W. Can non (D-Ncv.) of the subcom mittee which drafted the bill to give pay increases to al most everyone in the mili tary service and those retired or in the reserve, said the measure could go before the Senate Tuesday. The House already has pass ed its version of the bill. It reduced President Kennedy's SI. 2 billion original request by S15 million and excluded enlisted men in their first two years of duly from the pro posed benefits. Cannon's committee adjust ed pay-scales approved by the House to weigh the increases in middle pay echelons for officers and enlisted men. It's purpose was to induce those men to slay in the service when many have been leav ing for civilian life. If the differences in the two bills can be adjusted in a House-Senate conference com mittee this week. President Kennedy's approval could make the piy raises effective early next month. CRATER LAKE MOTORS ART OififilRTt SPECIAL y At Wholesale! FORD V-8 Country Sedan. R&H, auto., power $1 A7 steering. Ws $2099 NOW tJ & Bus. Ph. 773-7594 8th & Fir Re. Ph. 773-2903 STORE WIDE CLEARANCE Stocks are limited Shop early for best selections. On hide-a-bed tofa, reg. $299.99 NOW Sof bed and rocker, reg. $249.00 NOW Four cushion modern beige sofa, reg. Z9S.t0 now $199 219 Three piece curved sectional with $0 Caft brown nylon cover, reg. $429.50 .... NOW fJdPa? Reclining chairs,- combination plastic j ana cioin. moice or rea or Diue 49 50 Sofa bed and rocker with brown nylon cover, reg. $169.50 NOW $1 OQ50 $78 One studio couch with matching chair. Turquoise vinyl cover BOTH ill'll'"l"':"1,j'"Jllill'IHlliltJZ 89 50 7 piece dinette set, j reg. 109.00 NOW 5 piece dinette set. ea m A reg. $149.50 NOW " Set of six dining room chairs, reg. $289.50 NOW Set of four dining room chairs, reg. $65.00 .1 NOW 6 piece walnut dining room set including $af"y JP china cabinet, reg. $349.00 NOW g 3 8 piece mahogany dining room set, reg. JV.:U NOW 7 piece mahogany dining room set, a reg. $279.50 NOW $11050 "Fir $49 $iQO On six drawer chest on chest in maple, $50 reg. $149.50 NOW 3 piece dresser set with wagon wheel design, reg. $249.00 NOW Heywood-Wakefield Colonial maple double dresser, mirror, $af f and bed. Reg. $379.00 NOW JL&W 3 piece solid maple, modern style by $ef Mk f Kling., reg. $369.00 NOW JLrW 3 piece solid maple colonial dresser set jtjakaaw by Kling, reg. $389.50 NOW JUi ) 5 piece cherry set by Hey wood- ' SJJ Wakefield, reg. $549.00 NOW iJ77 VjUUtaa (JJJ,.:.:...,........,. 2.99 27" x 54" bound throw rugs $ 27" x 48" nylon fluff rugs, L tftft reg. $11.95 NOW 0Srjr 24" x 36" nylon fluff rugs, $ reg. S8.V5 NOW 20" x 34" nylon fluff rugs, $ reg. 6.M now 27" x 18" throw rugs 9' x 12' sisal rugs 5 only 9' x 12' wool and nylon rugs Ea. Green wool carpet $V t C (per square yard) "T7a Beige wool carpet tper square yard) 4.99 3.99 88c $R .95 4.95 All Summer Furniture 30 Off PLAYYARD EQUIPMENT CLEARANCE Swine sets from $18.95 (o $39.95 1 1 only whirlaway $10.95 1 only climber $29.95 1 only rockaway $1.95 All Hassocto and Stools Reduced 50 j Baracalounger recliner, $J aaCeft reg. $219.00 NOW Q7 Recliners, $))0 reg. $109.50 NOW 77 One ranch oak club chair. Vinyl $ Z A50 reversible cushions, reg. $89.50 NOW Q Platform rockers, SC reg. $79.50 - NOW J7 Platform rocker, green, $OOS8 reg. $59.50 NOW 0 Full size recliner, $JQ5 reg. $89.50 NOW OT Occasional chair, modern, choice of beige, $af50 brown, or rose, reg. $39.50 NOW MtW MILK STOOLS $189 Reg. $2.98 NOW I $79 IS One Spring Air box spring and mattress, rea. $99.00 NOW Hotel special full size mattress, $OO-0 reg. $39.50 NOW XT Twin size set innerspring mattress $CQ50 and box spring, reg. $79.50 NOW T 2 only twin size box springs, $070 reg. $34.50 NOW X 1 only full size set mattress $71 50 and box springs, reg. $89.50 NOW 1 only 48" rollaway cot with mattress, M It 50 reg. $54.50 NOW 1 only set twin size Beautyrest AQ extra firm, reg. $159.00 NOW t JmW Twin size cotton mattresses, $ C95 reg. $19.95 NOW & Full size mattress with matching $7050 box spring, reg. $99.00 NOW T MIRRORS 14" Round ?2"x8" - only 79 MAPLE CLEARANCE $24 50 24 Colonial (adder back rocker, reg. $32.50 NOW Boston rocker, reg. 9j1.su now Cherry coffee table, t m m reg. $64.50 NOW Wagon seat bench with upholstered foam seat, reg. $74.50 NOW 1 Deacons bench, solid maple by neywooa-waxerieia, reg. 109.30 .. now Maple dining room table with plaid $ y 450 plastic top, reg. $69.50 NOW 4 maple side chairs, NUW 3 piece maple dinette set with $TFO Windsor chairs, reg. $129.50 NOW M O $CyB50 50 79 39 95 MAGAZINE RACKS SQ95 7 Maple-Reg. $12.95 NOW MANY, MANY MORE ITEMS ON SALE IN EVERY DEPARTMENT S&H GREEN STAMPS on All Items Paid for Before Delivery POLE LAMPS Beige or Brown Accent . S 7 STOCK LIMITED FREE DELIVERY Liberal Credit Terms OUR REGULAR STOCK MDSE. No "Cheaper" Furniture Has Been Shipped In for This Sale BROWSE THRU THE ENTIRE STORE AND SAVE GREEN I jf9 r UABOfiANY SERVING CART ViPa 2 Plastic Shelves-Reg. $39.50 S NOW 29 Convenient Credit Terms Heirinidobleirs hie flejtie'ee IZ& CASI MAIN SISLII, A SH LArVo, O R LB Come in and Browse Through Our Maple Dept.
