The White Falcon - 12.02.1971, Blaðsíða 8

Page 8
THE-WHITE FALCON
February 12, 1971
Registrations being accepted for
New tax law
University of Maryland Term IV raises personal
The University of Marylandhas announced eight courses that will be
offered during Tern IV which begins March 15.
Defense force military personnel, American and Icelandic employees,
and adult dependents may register for the courses* Although registra-
tions for Term IV will continue _____________________________________
until classes are filled, and no
later ' than March 12, interested
personnel should register now to
assure a place in the class of
their choiceo
The following courses will be
offered in Term XV0
• American Government —- The
basic comprehensive study of na-
tional , state and local govern-
ment in the United States*
• Labor Relations — A study
of the development and methods of
organized groups in industry with
reference to the settlement of
labor disputes*
• Public Speaking — The pre-
paration and delivery of short
original speeches, outside read-
ings and reports*
• Introduction to Psycholo-
gy— A basic introductory course,
intended to bring the student in-
to contact with the major problems
confronting psychology and the
more important attempts at their
solution*
• Problems of World
tics — A study of gov-
ernment problems of in-
ternational scope, such
as causes of war, prob-
lems of neutrality and
propaganda. Students
are required to report
on readings from current
literature*
• Introduction t o
Mathematics — Real num-
bers, functions, coordi-
nate systems, plane ana-
lytic geometry and trig-
onometric functions are
studied.
• Principles of Eco-
nomics II — Price
theory, distribution,
international trade and
economic development are
studied*.
• Icelandic Language
— This is a basic in-
troduction to the Ice-
landic language.
Poli-
V(dentine party, social
planned by NCO Wives
The NCO Wives' Valentine Party
will be held on February 13 at 7
p.m. in the 56 Club party room.
All members and their husbands
are cordially invited to attend.
The monthly social will be on
February 16 at 7:30 p.m. in the
56 Club party room. All wives of
E-6 and below are invited to at-
tend.
For further information, or
transportation, for either of the
above,contact Helen Collins, Ext.
3245, or Ann Ray, Ext. 8749.
Weekend sports schedule
A Pacific Eightcollege basket-
ball gameis the only sports event
on American Forces Radio this
weekend. On Saturday at 10:30
p.m., third-ranked Southern Cali-
fornia faces rival Oregon.
1972 it
1973, and
tion will
DON'T FORGET TO FILL
OUT YOUR AFRTS SURVEY!
exemption to $625
There are various types of ex-
emptions that a taxpayer may be
entitled to in filing his 1970
tax return. The importance of an
exemption to the taxpayer is that
it reduces his taxable income,
which determines the amount of
tax owed by the taxpayer.
The Tax Reform Act of 1969
made some important changes in
this area. Under the old law,
$600 was allowed for each exemp-
tion claimed. The new law in-
creases exemption amounts in four
stages: For 1970, it is $625;
for 1971, it will be $650; for
will be $700, and for
thereafter, each exemp-
be worth $750.
Taxpayers should claim all
emptions to which they are
gaily entitled, since each
caption results in a significant
reduction in taxable income and,
thus, in the amount of taxes re-
quired to be paid.
Taxpayers are also reminded
that federal income tax returns,
like wills, contracts and other
legal docunents, have to be sign-
ed to be complete. The Internal
Revenue Service reports
that thousands of tax-
payers forgot to sign
their returns last year.
On joint returns,
both husband and wife
must sign the return.
Each shares legal re-
sponsibility for the re-
turn.
The requirement to
sign a return exists
even if the taxpayer has
someone else perpare the
return. The taxpayer is
held responsible for
accuracy of the return.
Unsigned returns are re-
turned, without action.

flymnwo
jcmSj Meakjo -me caniwubee
7H/MK VoO Lowt- WbERSTADD
THESE Z-GQM1f..
o o
Commissary to close
The Commissary Store
will be closed in obser-
vance of George Washing-
ton's birthday, Monday
February 15.
The store will res
normal hours on Tuesday,
February 16*
ng-
*