V'ffH r tjG * •► * - -.A -r | P32—Lancaster Farming, Saturday, December 11,1982 Outstanding conservationists attend Arizona awards program LITCHFIELD PARK, Anz. - Outstanding conservationists from every section of the nation par ticipated in the 35th annual Goodyear Conservation Awards Program, held here, Dec. 10-13, at the Wigwam Resort Hotel. Honored guests will be 106 representatives of the 53 first place conservation districts in the competition sponsored by The Goodyear Tire & Rubber Company in cooperation with the National Association of Conservation Districts (NACD). From Penn sylvania came David S. Coble, Hershey, and John Witmer, Milletsburg, of the Dauphin conservation District. Among the events scheduled on the vacation-study program were tours of the 12,360-acre Goodyear Shorthorn Assn. seeks executive officer OMAHA, NE - Richard Prentice, Fulton, Mo., president of the American Shorthorn Association, has announced the formation of a search committee to review candidates for the position of executive secretary-treasurer of that national beef cattle breed organization headquartered in Omaha, Ne. Prentice said that quality and popularity of the Shorthorn/Polied Shorthorn breed has been in creasing rapidly during the past decade. The leadership and foresight necessary to handle that pace of adjustment within the Association has dictated change, he said. Producers within the breed, he continued, will look to dynamic individuals who combine enthusiasm with leadership and the ability to guide and move the breed forward at a rapid rate in meeting its goals to serve the beef cattle industry. The committee, Prentice said, will be reviewing applications as they are received m an effort to fill the position vacated by the resignation of James W. Shirley. Prentice said Shirley left the organization after nearly three years of dedicated service to Shorthorn producers who ap 1471 Mumma Road PHONE: Linglestown 717-469-2805 Harrisburg, Pa. 17112 WALTER M. KUNTZ LATHING - PLASTERING - STUCCOING PLASTER PAYS QUALITY-PROTECTION BEAUTY - CRAFTSMANSHIP i HENRY K. FISHER INC. j i SANDBLASTING i 1 AND SPRAY j PAINTING j | Aerial Ladder Equipment | I 667 Hartman Station Rd. I r Lancaster, PA 5 I 393-6530 I Farms, a pioneer in desert agriculture and a proving ground for farm equipment and methods since 1917; an address by Scott Buzby, Goodyear executive vice president, and visits to points of Interest in the area. Special guests were Clarence Durban, Plain City, Ohio, NACD vice president; James B. Lake, Fort Wayne, IncL, NACD program specialist, and Eugene Savage, Madison, Wise., vice president of the Association of State Soil Conservation Administrative Steenwyk is ass’t Extension agent in YORK William L. Steenwyk has been appointed to Penn State’s predated his efforts during a period when rapid change was seen developing with the breed. During his tenure, the new concept of the breed, “The Changers,” was brought forth and the American Shorthorn Association and its members began a change m its attitudes toward progressive development. Persons interested in making application for the position as the top executive officer of the American Shorthorn Association, may contact Prentice directly at R 2, Box 137 A, Fulton, Mo. 65251. Officers. Officers of the Newspaper Farm Editors of America and the National Association of Farm Broadcasters also will attend. The Goodyear Conservation Awards Program provides recognition to conservation districts and individual con servationists in the 50 states, Puerto Rico and the Virgin Islands. Nearly 3,400 grand award winners have made the previous trips to Arizona and Florida since the program began in 1947. York Co. Cooperative Extension Service staff as an assistant Extension agent assigned to York County. His appointment was effective Oct. 15. In his new position, Steenwyk will be responsible for the York County Extension educational program in field crops. He will also be responsible for some of the agricultural programs involving 4- H youth. A native of Zeeland, Michigan, he holds a bachelor degree m crop and soil science from Michigan -State University. Prior to joining the York County Extension staff, Steenwyk was a farm chemical and technical supervisor for Estech Inc. of Holland, Michigan (formerly Smith-Dougiass Fertilizer Co. ) The York County assistant agent served on the board of directors of the Michigan Pesticide Association since 1978. A FULL YEAR OF SERVICE AND SECURITY EMERGENCY ROAD SERVICE • PERSONAL ACCIDENT INSURANCE • DISCOUNT ON RENTAL CARS LEGAL ADVISORY ON AUTO MATTERS • FREE PERSONAL NOTARY SERVICE . LICENSE SERVICE BAIL BOND SERVICE . REPORTS ON ROAD CONDITIONS • MAPS AND TRAVEL INFORMATION. FIRST TIME ENTRANCE FEE ANNUAL DUES For a second membership in a household the cost to join and annual dues are $lO 00 If applying by mail, please note the name and address of both the purchaser and recipient A check or money ordei must accompany the application m mas List $ 2.50 $l5 00 $17.50 Brdckett's Ag Advice TAX PLANNING Tax planning really starts with a good set of records. It is difficult to do an effective job of money management, including tax management, without records. They are essential in making a decent tax estimate. Let’s look at a list of tax management aids provided by records. Records help you avoid leaving out deductible expenses— every $lOO of missed dipense items costs the average fanner $3O in taxes. Records help to determine when to sell capital items for maximum tax benefits. Each $lO9 of sales shifted from ordinary income to long term capital gains saves about $lB in taxes for the average fanner. Records are essential for accurate depreciation. Purchase dates* prior depreciation, etc help determine present years depreciation, depreciation recapture, and remaining balance in the case of traded items. Each loss of $lOO ffom the depreciable base of a capital asset will cost the average farmer $6 per year in taxes. k- If your tax return is audited, a good record will go a long way in explaining and supporting the items on your tax return. Historical records One question 1 get is “How long must I keep my records and supporting evidence?" There are official and unofficial answers to this question. Income, and expense records rrmc< be kept officially for three >■ By John E. Brocket! Farm Management Agent Lewistown Extension Office years after the date the return is due or filed or two years after the tax is paid whichever occurs later. Unofficially I would suggest keeping the records for at least 5 years. ■Records of capital purchases, including depreciable property, must be kept as long as they are needed to figure the basis of the property. What does that mean in time? First if it- is depreciable property, it means keep the records for at least three years after depreciation runs out For non depreciable capital assets such as land, it means three years after you sell it. Example; You purchase a tractor in 1982. You pay cash of 18,000 plus a trade in item with a remaining basis of $1,200. What records need to be kept and for how long? The records you need are the purchase date, purchase price, and prior depreciation of both the trade in item and the new tractor. You may also need verification of whether the new tractor is actually new or used when you purchased it. Another record will be the allowed, the amount used, and the recapture (if any). “Howlong?” is another question. For proof of purchase and cost basis you will need to keep the records until 1990 if you used ACRS as your depreciation method. If you used ACRS - Straight Line, you will have to keep the records until 1991, 1997 or 2010, or three years after you sell of dispose of the tractor. The Card everyone likes to receive at hristmas La ncaster Automobile Oiub 34 N. Prince SI. Lancaster, PA 17603
Significant historical Pennsylvania newspapers