Page 20

The Herald and The Lantern

Wednesday, January 9,1980

IRS Outlines Tax Regulations

GETTING DOWN TO BUSINESS — Cape May County Board of Chosen Freeholders get down to brass tacks at their organization meeting Jan. 3. Pictured from left to right are new board member Jack Bittner. Walter Sturm, Anthony Catanoso. Kathryn Willis. Gerald Thornton and Bob Evans.

Covenant Bible Church

FISHING CREEK

NEWARK The offiW federal income (ax forms are in (he mail lo three million residents of New Jersey According to Cornelius J Coleman. J)i reel or of the New Jersey IKS District, "The new ’ Iorms. whether the 1040 or IOWA, are very similar to thme of last year, with some changes necessary to reflect rebent Congressional tax legislation Among lhe tax changes affecting the IHTO forrpa are several new items which will reduce taxes, and a few which will increase • taxes "WhetIter or not an individual wilj realize a tax reduction". explained Coleman, "will depend upon Mhich of the new tax changes affects the individual. and whether or not income increased or decreased In general, a person with the same income as last year who files the same type of lax form .will pay less tax " The lax brackets have been widened to reduce the chance of inflationary increases in income pushing an individual into the next highenhracket. Tlx* personal exemption

allowed each taxpayer and dependent has been increased from 1750 to $1,000. As in past years, those who are blind nr over 65 can claim anextra exemption The •zero bracket amount • (called the standard deduction-in proIV7H years i is still built into the tax tables and tax rate schedules, but has been increased to $2.:mk) for single taxpayers'and $3,400 for married persons filing jointly The tax credit for political contrubutions has been increased and can be claimed on either the 1040 or KMOA. The credit is onehalf the amount contributed. but cannot exceed $50 for single taxpayers or $100fnr a joint return The child care credit has been revised so that payments made to relatives who are not dependetns can Qualify. A Form 2441 is used with the Form 1040 to claim this credit, which is based on 20 percent of the expeases for childcare. For low income wage earners with a dependent the Earned Income Credit <a direct payment from the government to individuals

based on a percentage of earnings* has been increased to a maximum of $500. up from $400 in prior years. This credit is available regardless of whether or not the qualifying individual owes taxes fdr the year. Individuals who received unemployment compensation in 1979 may. depending upon the amounts of compensation and other income, be required to include a portion of their unemployment compensation in taxable income For those who itemize deductions, both the gasoline tax deduction and the deduction for political contributinas have been eliminated The mileage rate deduction for business use of a car has been increased from 17 cents to IB's cents a mile; and the rate for medical and charitable use of a car has been increased from 7 cents t^iRcentsa mile. Coleman emphasized that taxpayers can find almost all theaaswers they may have on these and other tax issues in the tax form booklets being

mailed

"The Ministry of Jesus Christ," is the theme of the 11 a m. worship service. January 13. at the Covenant Bible Church, located on Fishing Creek Road near Bayshore Road in North Cape May according to the pastor, Dr George Fincke. The service will be broadcast over WCMC, AM (1230) and FM (100.7) for those unable to attend. At the 7 p.m. service, Dr. Fincke will speak on. "The Blessing of the Covenant ”. "As the world scene becomes more precarious, all the more do we need to understand the joys we have in Jesus Christ. The Pslamist often praised God for Mis protection, care and provisions. The redeemed have God's promise of blessing." the pastor said The service will be carried over WRIO-FM, 102.3 At 10 p.m Dr. Fincke and the assistant pastor, George B Fincke. conduct the weekly call-in program "Let's Talk” over WRIQ Listeners are urged t< seek help with pe- ional problems, as well as to ask questions about Grace Gospel Chapel RIO GRANDE - "Abiding in Christ” will be the theme for the message which will be delivered by the Rev. Guy L Rathmeli. pastor of the Grace Gospel Chapel, Rio Grande, at the 11 a m worship service this Sunday. Sunday School is at 9:45 a m. with classes for all ages At the 7 p.m Sunday service, the pastor will speak on "The Delight of My Heart" (Psa 119:65 80). The chapel's radio program "Sending Forth the Gospel Light" is heard each Tuesday evening at 6:30 over station WRIO-FM (102.3). Prayer and praise meeting is held on Wed nesday at 7 p m Bring the entire family for an evening of fellowship Gospel Crusaders (grades 1-6) and the Word of Life Club (grades 7-12) are held Thursday evenings at 7 The public is invited to attend services and activities.

the Bible. Tuesday the Women's Missionary Society will meet in the church annex at 10 a.m. The Heritage Christian Academy school board will meet at 7:30 p.m. t Wednesday at 7 p m. the congregation meets for praise, prayer and Bible study, followed by the senior choir rehearsal at 8 under the direction of Pastor G. Otto Underwood. Douglas Hansen. Bible School superintendent, announced that free transportation is available to any who would like to learn more about the Scripture from trained, dedicated teachers. Please Teall 886-3475 The Bible School meets each Sunday at 9:45 and there are classes for each age group. There is a supervised nursery at all regular services and ample parking is available on the lighted church lot. Convenant Bible Church believes the Bible to be the infallible Word of God. the only rule of faith and practice.

Pastor Fox To Be Ordained HID GRANDE - On Thursday. January 17, Reverend Robert H. Fox pastor of the Rio Grande Bible Church Rio Grande, New Jersey will appear before the examining council at the Immanuel Baptist Church in Maple Shade, N.J Following this examination ordination services for Pastor Fox will be held on Sunday morning January 20 at the morning worship services in the Rio Grande Bible Church. The congregation, the families of Pastor and Mrs. Fox. area pastors and their wives, special guests arid friends of the Fox's have been cordially invited to attend this special celebration. Following the ordination services a buffet luncheon will be served the Ladies of the Church and assisted by the teenagers in the social hall of the Church. ***

St. Mary’s Episcopal / STONE HARBOR - 95th St. and Third Ave., Stone Harbor. During January, emergency clerical assistance may be obtained by calling the Rev. Chas. Wood (399-1087) or. in his absence, the Rev Paul Goss (399-6521) of Holy Trinity Church in Ocean City. Thursday, Jan. 10 12 noon Episcopal Church Women's Workshop Sunday,Jan. 13 10am Holy Communion with sermon & choir Sunday School The weekly Holy Communion and healing prayer services will be resumed as of Thursday. Feb. 7 at 10 a.m. in the chapel. Faith Fellowship Chapel COURT HOUSE - Faith Fellowship Chapel is an Independent Fundamental Church located on Rt. *9 and Oyster Rd Family Bible Hour 9:45 a m. with classes for all ages including nurse% Pastor Allen conducts the worship services at II a m. and 7 p.m and nursery is provided. Tuesday -i Church business meeting 7 p.m.; Wednesday — Adult Prayer Meeting and Bible Study, Boys' Christian Service Brigade, Pioneer Girls and a nursery program are provided 7 p.m.; Friday — FR Y. Youth Night 7 p m. in the gym. Faith Fellowship’s number is 465-4132. All are welcome* N. W'd United Methodist N. WILDWOOD - The Rev. John M. Long; pastor of the North Wildwood United Methodist Church. Second and Central Aves . will begin a series of sermons at the 11 a m. service, dealing with the Parables of Jesus as taught in the 15th Chapter, of St Luke: “The Prodigal at Home." "The Grass is Always Greener," and this Sunday. "That Which was Lost." Mrs. Jayne Holley is the organist and will play for the hymn-sing prior to the 11 a m. service. Children of Sunday School age are invited to the school under the instruction of Mrs. Gertrude llg. All are invited to services

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