Newspaper Archive of
Cape Gazette
Lewes, Delaware
Jim's Towing Service
January 9, 2004     Cape Gazette
PAGE 48     (48 of 122 available)        PREVIOUS     NEXT      Full Size Image
 
PAGE 48     (48 of 122 available)        PREVIOUS     NEXT      Full Size Image
January 9, 2004
 

Newspaper Archive of Cape Gazette produced by SmallTownPapers, Inc.
Website © 2018. All content copyrighted. Copyright Information.     Terms Of Use.     Request Content Removal.




48 - CAPE GAZETTE, Friday, Jan. 9 - Jan. 15, 2004 CloseCall America announces ] faster internet connection In an effort to improve and expand existing services, CloseCall "America announced a number of changes to its 800-CloseCall service that will simplify away from home calling. In addition, the company has improved the speed of its diai-up internet connection that allows customers to connect five times faster. 'q'he improvements to our 1-800-CloseCall service will give con- sumers more payment options and easier access to customer service," said Tom Mazerski, president and CEO of the company, which special- izes in low-priced community calling. "With 1-800-CloseCail, con- sumers can call from anywhere at anytime and avoid the high fees of- ten associated with collect or credit card calls. Customers can order and add minutes online or by phone and don't need a calling card to use the plan." New features include the ability to buy or add minutes over the phone by entering a PIN, the ability to bill the call to a credit card and the ability to link directly to customer service by hitting zero. Additionally, Mazerski explains that CloseCall has responded to cus- tomer requests for a faster dial-up internet connection. "Our customers will really notice a big difference in the speed of their internet connec- tion, making their online experience more enjoyable," he said. For more information, call 877-81CLOSE or visit closecall.com Filing 2003 Continued from page 47 $7,000 for head of household and $9,500 for couples filing as mar- fled filing jointly Increased child tax credit to $1,000 per qualified child from $600. Tax relief for military fami- lies. The increase in the standard de- duction for couples whose filing status is married filing jointly eliminates the so-called marriage penalty. The changes in tax rates will automatically be reflected in the tax rate tables. The IRS also urges military families to review tax law changes. Some changes will require military families to file amended returns to fully claim some retxoactive tax relief. More taxpayers may qualify for the earned income tax credit (EITC). The new limits for earned income or adjusted gross income are less than $33,692 with more than one qualifying child, less than $29,666 with one quali- fying child and less than $11,230 with no qualifying child. All EITC income limits are $1,000 higher if taxpayers file as married filing jointly. However, taxpayers should carefully review EITC eli- gibility requirements to determine if they meet all the participation rules. Taxpayers with investment in- come will have a new Schedule D to use as new rates take affect for capital gains. For gains after May 5, 2003, the 10 percent rate is re- duced to 5 percent and the 20 per- cent rate is reduced to 15 percent. Dividends paid after Dec. 31, 2002, will be taxed at the new capital gains rate. The IRS is also reminding tax- payers the tax filing season also brings out unscrupulous promot- ers touting various seams and schemes. If it sounds too good to be true, it probably is. Informa- tion on the latest seams and schemes is available at IRS.gov. Charity gifts Continued from page 47 price between highest and lowest selling price on the valuation date. Figuring the value of other per- sonal property can be more com- plicated. For example, determining the value of a donated used car re- quires weighing several factors. Some car donation program oper- ators have mistakenly suggested that donors can take as a deduc- tion the full value listed in an es- tablished used car pricing guide. For additional information, see IRS News release 2001-112, "IRS and State Charity Offieials Urge Care When Making a Car Dona- tion." The tax law, however, allows a deduction for only the fair market value of the car. Fair market val- ue takes into account not only the year, the model and the mileage of the car, but also the local market and the vehicle's condition. As a result, the fair market value of the taxpayer's car may be substantial- ly different than the average price listed in an established used car guide. The IRS also reminds taxpayers to keep appropriate records to substantiate the value of their gifts. For example, for any single girl of $250 or more, a taxpayer must have a written acknowledg- ment from the charity by the earli- er of the date the person files the tax return or the filing deadline, including extensions. A person donating property valued at more than $5,000 must obtain a quali- fied written appraisal. Taxpayers can find help regard- ing the donations they make in IRS Publication 526, "Charitable Contributions." A second refer- ence, IRS Publication 561, "De- termining the Value of Donated Property," answers many of the questions that donors have when they make noncash contributions. Both publications are available at the IRS website at irs.gov, or by calling 800-.TAX-FORM (800- 829-3676). Hot Dealt] WOODS ON HERRING CREEK 3BR, 2BA Only $339,500 MLS# 508602 HISTORIC MILTON - CHARLF CT. 2BR, 2 1/2BA Only $157,900 ANGOLA BY THE BAY 3BR, 2BA Only $234,500 MLS# 505192 ANGOLA BY THE BAY 3BR, 2BA Only $249,900 ANGOLA BY THE BAY WEST REHOBOTH 3BR, 2BA 3BR, 1BA Only $289,900 Only $225,000 For Your Direct Link To All The Area Listings... Test Drive One of our New or Used Loan Rates The Of Pelican Square 302-226-8900 www.bankofdelmarva.com @ 111 .... l .... [qt:I00iW0000g00lll I .... I lH$1imin00]0000I I 1 I I-1ll]IHi00lIl]0000:Imll I ..... ........ i .....