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Politics : PRESIDENT GEORGE W. BUSH -- Ignore unavailable to you. Want to Upgrade?

To: Baldur Fjvlnisson who wrote (388894)	4/9/2003 3:37:58 PM
From: Kevin Rose	Read Replies (1) \| Respond to of 769670

I'm sure there were similar pictures in both Germany and Japan in WWII. Civilians, unfortunately, are often victims of war. However, for the size of operations, the amount of munitions used, and the brutality of the regime, I think this war will go down as the most 'humane' in history.

To: Baldur Fjvlnisson who wrote (388894)	4/9/2003 3:39:31 PM
From: RealMuLan	Read Replies (1) \| Respond to of 769670

Record number of taxpayers seek extensions from IRS The Associated Press RALEIGH, N.C. (AP) - A record number of North Carolina residents are asking the Internal Revenue Service for more time to pay income tax that is due April 15. About 240,000 taxpayers statewide will seek extensions on filing their tax returns this year, the IRS said. The number is up 6 percent from a year ago and more than any year on record. The requests for delays may be due to an ailing economy that has left more than 200,000 people in the state without jobs and forced others to sell stocks and cash in retirement accounts. Filing for an extension on the return doesn't put off the April 15 deadline for paying taxes. But some taxpayers are trying to get by with paying a portion now and requesting an extension to work out payment plans. "A lot of people are just trying to keep food on the table," said Genevia Gee Fulbright, a certified public accountant and financial adviser from Durham. "Paying Uncle Sam is the last thing on their minds." Kenneth R. Lincoln, 55, is one person seeking an extension. Usually, he pays his taxes in March, but couldn't do it this year. Last June, Lincoln was laid off from his job as telecom services manager at WorldCom's network center in Cary. Fearing the company would file for bankruptcy, Lincoln rushed to cash out his 401(k) retirement plan before the money was seized by the company's creditors. He also got six months' severance pay. Now, Lincoln has a steep tax bill - his largest in years - even though his severance payments have stopped and bills have eaten up half of his 401(k) money. "What's really unfair is that I was put in a position where I absolutely had to cash out my 401(k). I had to have money to live," he said. "And here I am getting penalized for it." Not everyone filing for extensions has financial hardship. A few might have balked at the complexity of filing a tax return. More than 400 changes have been made to the tax code over the past two years. Others were called up for military duty in Iraq and never had a chance to file, say accountants. Those who can't pay their taxes on or before April 15 face a late payment penalty of one-half of 1 percent of the tax owed for each month the taxes go unpaid. Taxpayers requesting an extension can avoid penalties by paying at least an estimate of what they owe. A good rule of thumb, say accountants, is to pay 100 percent of the previous year's tax bill. Taxpayers who can't pay the entire amount at once can request an installment plan. The IRS charges a $43 fee for setting up an installment agreement. Information from: News & Observer newsobserver.com