Galesburg Register-Mail from Galesburg, Illinois on June 26, 1963 · Page 24
Get access to this page with a Free Trial

Galesburg Register-Mail from Galesburg, Illinois · Page 24

Galesburg, Illinois
Issue Date:
Wednesday, June 26, 1963
Page 24
Start Free Trial

Tax Man Not Specific on Definitions By SAM DAWSON NEW YORK (AP)-Wives and yachts and a night on the town have the slightly restrained approval of the tax man today. But such business entertainment expenses can't be "lavish and extravagant.", The Internal Revenue Service | has yet to spell out just what will be dubbed lavish and extravagant., What is lavish for one man can | be just the way of life for another. And the modest buildup that will sell one customer might offend another as demeaning. . In any case business firms' bookkeepers will have a lot more | work keeping records of all the goings-on for the tax collector to inspect if he chooses. Corporation tax lawyers are likely to be busier, too. And hotels, night club and resort owners, and waiters in general, will continue to be unhappy because of fears of losing business from free spenders and the bother of giving receipts. They are sure to try to change the rules if they can. The IRS has' issued its new rules on tax deductions for business expenses with an Aug. deadline for the bookkeepers, but rules apply to tax returns for all 1963. Now all that businessmen have to do is to study and try to understand them. Wives enter the picture both as convention companions and as hostesses at home. If they are bona fide spreaders of goodwill in furthering the company's business by entertaining customers and their wives, they are tax deductible. This applies to the cost of restaurant and night club entertaining and also to the cost of home dinners and parties. The business aspect of yacht and hunting lodge maintenance and of country clubs dues is something the host will have to prove. The IRS says the fine line here between business and pleasure must be clearly established by the taxpayer. The same goes for night club entertaining which the IRS feels often could be too distracting for | real business transactions. It is particularly leary of the "expenditure for beverages served during the floor show." > But it is quite lenient about the ordinary business meal. Or as the new rules specify: "expenditures for meals and beverages served during the course of a breakfast, lunch or dinner meeting of the taxpayer and his business associates at a restaurant, hotel dining room, eating club or similar place not involving distracting influences such as a floor show." The rules are dubbed final. But the business community is betting that they will prove to be far | short of that. Changes will be sought. And either Congress or the IRS may revise them alter seeing how the new scheme works. True Christian Spirit WINSLOW, Ariz. (AP) — Talk about brotherhood, well Winslow has it. During a Sunday presentation at the city's First Baptist Church, a Roman Catholic priest — in behalf of the United Presbyterian Church — introduced a program entitled "Martin Luther." READ THE CLASSIFIEDS! COOL MOVE - Although it gets hot in Cannes, France, actress AstrinJ Caron keeps cool by lighting 8 cigarette. She was • Film Festival visitor, (Mesbum.Register*M.q,iJ # Galesburg, ,1.1,1. Wednesday, June 26, 1963 25 x Kroger \ er Mime Values OPEN SUNDAY 9 A.M. to 5 P.M. Here are a FEW Jackpot Winners! All Prices Effective Thru Sal. June 29, 1963 Ai Your Friendly Galesburg Kroger Store. PLAY "SAC-A-DOUGH" Win up to $1,000 Cash! MAUDE HOLMES 350 W. Knox, Galetburg, lit. LYLE S. CLAOUE 1352 N. Cedar, Galetburg, III. ODESSA WEEKLY 989 W. Berrien, Galesburg MRS. PAUL SHUMAKER Kimberly Terrace, Galesburg MRS. RALPH BOWMAN R.F.D., Oneida, III. MRS. JAMES GRAHAM 408 N. Pleasant, Galesburg, III. Everybody Wins! 15 Sac-A-Dotigh Tickets good for 100 Free Top Value Stamps! All winners listed at store! MARIE BENNENT Victoria, III. All Purpose CRISCO Lb. Con With coupon on oppoilte page 8c $5 purchase. 59 SAVE 13c Charmin TISSUE Rolls Only 87 COOKED Morrel Pride 18 to 20-lb. avg. WHOLE or SHANK HALF Limit One Whole Ham Please! 39 c lb SAVE 23c — NEW SUN GOLD — WHITE BREAD...O Boston Roll ROAST Kroger Cut Boneless Beef Plus 100 FREE Top Value Stamps With Coupon At Right 69 c lb LVS. $ SAVE 17c-PILISBURY White, Yellow, Double Dutch Chocolate Fudge COUNTRY CLUB FROZEN White, Yellow, Double Dutch Chocolate Fudge REIOB^EBT sCflf* CAKE MIXES 3 1.00 £? RSERT —" G> " w FLOUR = 5 Z W GRAPE DRINK 4 2r T° Redeem Stokely Coupons on page 34 & Save! USDA GRADED WHOLE — 6 to 10 lb. org. Kroger Young Tender TURKEY Kroger Cut Beef-Center Cut CHUCK STEAK 39 49 c lb c lb PEACHES cSL 2% SHELLIE BEANS With 2 303 It* Coupon L Cans »»r GREEN BEANS Cnl e ™ 2. £ 29* FRUIT C0CKTAI! c -2 £ 29< PEAS Tcnder Early Coupon 2 C g° n3s 29$ KRAUT Bavarian 2 iU Cans Oscar Mayer Sliced Morrell Pride Chunk Style BRAUNSCHWEIGER „, 39* BOLOGNA 13-oz. Hygrade Chunk Style 49* CANADIAN BACON,, 89* Morrell Pride Armour Campflre Ring PORK SAUSAGE * 39* SLICED BACON 49* BOLOGNA 3 Rlng5 BoBton Butt Boneless PORK ROAST 1.00 Hygrado Pan Ready lb. 49* (HIPPED BEEF 3 £.1* WHITING 5 * 19( SAVE $1.35 CASH! Plus Get Up To 625 BONUS Top Value Stomps FREE with these coupons >iJHy COUPON , THIS COUPON WORTH 50 FREE Top Value Stamps With Purchas of BAN ROLL-ON DEODORANT Exp. Sun. Jun 30—Limit 1, jggjff COUPON . Miner THIS COUPON WORTH 50 FREE Top Value Stampi WITH PURCHASE OF $5 OR MORE Exp. Sun. Jun 30—Limit 1 THIS COUPON WORTH 100 FREE Top Value Stampi with purchase of S-lb DUBUQUE CANNED HAM Exp. Sun. Jun 30—Limit I VALUABLE j ^gy COUPON IMi* THIS COUPON WORTH 22c OFF the regular price 3-lb. CRISCO 59c M with purch. of $5 or more Exp. Sun. Jun 30—Limit 1 , + , - y , Swiss* Stokely T E K NEL Iream Style C 2 RN 2 <^ 19c With Coupon on Page 34 Stokely Tomato CATSUP 2 VS* 19c With Coupon on Page 34 Large EGGS 39c Grade A Large Doz. VALUAtti -e ggy COUPON «<1i* THIS COUPON WORTH 25 FREE Top Value Stamp* with purchase of any KROGER EMBASSY OLIVES Exp. Sun. Jun 30—Limit 1 VALUABLE SJP COUPON THIS COUPON WORTH 50 FREE Top Value Stamps with purchase of 1-lb. pkg OSCAR MAYER WIENERS Exp. Sun. Jun 30—Limit 1 Kroger Angel Food Famous 13 Egg Recipe Ea. CAKE Save 10c—Spotlight INSTANT COFFEE 10-oz. Jar VAUUABue 5gy COUPON -Urti 'I' THIS COUPON WORTH 100 FREE Top Value Stamps with purchase of 2-lb. BOSTON ROLL BEEF ROAST Exp. Sun. Jun 30—Limit 1 VAIJUAICF COUPON THIS COUPON WORTH 50 FREE Top Value Stamps with purchase of CUT-UP FRYER Exp. Sun. Jun 30—Limit 1 Pink Liquid Vel DETERGENT 22-oz. 8c Off Cont. 39 99 49 c Michigan STRAWBERRIES - 39c Cucumbers and PEPPERS 3 <- Southern PEACHES 4 - 59c Vine Ripe TOMATOES BIG "K VALUABL .COUPON THIS COUPON WORTH 100 FREE Top Value Stamps with purchase of 2-lb. HYGRADE WESTERN Thick Sliced BACON Exp, Sun. Jun 30—Limit 1 GIANT TWIN PAK 12 Ounce THIS COUPON WORTH 50 FREE Top Value Stamps with purchase of 2 HEADS LETTUCE Exp. Sun. Jun 30—Limit I 1 POTATO CHIPS ••. 30c SAVE RED RIPE Country Club Frozen TWIN POPS Box of Dozen 49C RYE BREAD 2 Kroger VALUABL* J^SS* ifeCOUPONl THIS COUPON WORTH 50 FREE Top Value Stamps with purchase of 2-lb. BANANAS Exp. Sun. Jun 30—Limit 1 PEARS 3 N c.: $1.00 POT PIES 5 $1.00 WATERMELON 20 to 22 Southern White Paper lb. TOWELS 3 'C $1.00 HALF & HALF 29 C Kroger Sandwich Plastic COOKIES 2 et 49c UTILITY PAIL 5 & 19c •vg. ea. Flavorkist Lemon Custard SANDWICH COOKIES 30 ct, Pkg. 3k Caution Premium Inside BREEZE fi? *1.37 Safe, Sanitary KOTEX Pkg, 39c Controlled Suds All Giant IB J r *f/ i— Kleenex FACIAL TISSUE 600-ct. ^£% M pkg. 9rw% For Flavorful Cooking TOPIC 14'/$-©*. Can 10«i Kraft MIRACLE MARGARINE Mb. Ctn. 33c Quaker LIFE CEREAl 10-oz. Pkg. drW% Spreads Smoothly PARKAV MARGARINE 2 Mb. Ctns. Proportioned C0NFIDETS 12-ct. O ^^sJ Pkg. <3 /f Chun King CHOW MEIN NOODLES Gem Premium No. Vh Can Nestle's CHOCOLATE QUIK 2?« BLADES Mb. Box 45c % 98c

What members have found on this page

Get access to

  • The largest online newspaper archive
  • 11,100+ newspapers from the 1700s–2000s
  • Millions of additional pages added every month

Try it free