Newspaper Archive of
Feather River Bulletin
Quincy, California
August 1, 2001     Feather River Bulletin
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August 1, 2001

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porter Wednesday, Aug, 1, 2001 I Area Ciassmeds ssScene PUBLISHER OPENING THIS THURSDAY, AUG. 2 owner of Plumas County Technologies (PCIT), says he is opening on Thursday, Aug. 2, from to celebrate the opening of his new offices tmcy. Besides refreshments and food, be giving away a personal computer to Winner. PCIT specializes in business to and with the new office, anyone off their personal computer for servicing, or upgrading--an alternative, Robert your computers to Reno for the Look for their booth at the fair where ducing WDLS, high-speed Inter- for businesses. PEOPLE ON THE MOVE... has returned to his hometown of join Jack Brown at Chester Auto a well-established reputation in sales business in Plumas and cotuaties, and is looking forward to serving from this well-established sales lot in local resident and licensed insur- Laurie Logs has joined the Murray Insurance Company, working out lacy office. In another move, the agency, offices in Westwood and Su- received the appointment of the Group. Bob Phelps, a partner in Says the addition of Grange Insurance markets for them to better serve and Bill Valentine, of Plumas Pines Re- ., have announced the addition of Lee ) their staff as a real estate associate. that Lee, back living full time in Plumas expertise in land development, residential sales to their team. LOG CABINETS Cathy Simmons of Lake Almanor have in Westwood at the 'Y' called Star Products. They specialize in cus- featuring blue and white pine and All their lumber is produced from their The products were developed in Mon- the Simmonses are happy to now be able Alrnanor area, which Mike has en- The showroom also displays log furniture. Cus- illing is another service they offer. t ANK PROMOTES SUMMERFIELD ierra Bank recently announced the Quincy Branch Manager Mike Sum- ssistant Vice President, Area Loan will handle mortgage lending for all Loyalton, Downieville, Kings "I have always enjoyed rest- and have been working towards as it has always been my strong 'Said. Mike has been the branch manager three years. Prior to joining the bank- was the manager of Thrifty-Rite for 16 years. Now Open 7 days a week 112 89 Graeagle PLANNING AND DIVORCE should start well before a couple goes to Parties should have complete financial information -. debts, accounts, retirement plans, insurance -= like to come to an equitable settlement. In addition to work with a financial advisor experienced property, consider the after-tax value. A investment may have equal market value, but a home m a couple of years cart be sold tax free, while the are taxable. Same fm:a retirement accounL the tax-smart way to divvy a direct transfer from one spouse's account to Per the divorce decree. However funds are to be to get a qualified domestic relations order. Is out who gets what, and a retirement plan demand it before releasing funds. You need form the knowledgeable accountants at: The Ins may be sending Who won't be getting an ad- you some money this sum- vance refund check?Nonresi- met. It's all part of theEco- dent aliens and those who nomic Growth and Tax Relief' could be claimed as depen- Act that President Bush dents are noteligible for these signed into law on June 7, advance payments. If you did 2001. not have an income taxliabil- The advance refund check ity on your 2000 bzcome tax is the result of a new 10% in- return, you also will not re- cometax bracket and repre- ceive anadvancepayment. sents all or a part of your tax If you did not have an in- savings for 2001. Inan effort come tax liability for 2000, to stimulate the economy, the but will have one for2001, you Treasury Department is can still reap the benefits of sending youyour savings ear- the lower tax rates. You may ly. Here's how it will be ableto claim a tax credit work. If you had a federal in- on your 2001 return, provided cometax liability on your you are otherwiseeligible. 2000 tax return and could not If your advance payment is be.claimed as adependent on zero or less than the credit someone else's tax return, amountfigured on your 2001 you are eligible for an ad- tax return, you will be able to vance payment this year. claim the rest of thesavings New caterin ~:',?c~ b~ C+er~ MOr+t,re The mother-daughter team of Gayle Bower and Samantha Donovan have opened a catering business in the Lake Almanor-Chester area called Something Special Catering. The cater for all events, large and small, from making cakes to handling table decora- tions, while adhering to their slogan, "Where every event is extraordinary." Planning services for wed- dings and parties is also offered by the two, Saman- tha is a graduate of the San Francisco Culinary Acad- emy and Gayle is an active psychotherapist with an office in Chester. Broad market issues: Wall Street workings, fascination with the Fed and more Direction of economic events and their likely effects on you as a consumer and investor. Commentary on short-term events and an outlook on long-term trends This program is free, but seating is limited. To reserve your seat or for more information, please call or stop by today. Tuesday, August 14, 2001 Special guest: Dr. Bob Goodman, senior economic advisor; Putnam Investments Steve King s,.. oo,o+ EdwardJones 800-995-0253 . (530)283-4061 www.edwardjones corn s~ ~ ~ s~,ltT, I / i as a tax credit when you file your 2001 return. If your ad- vancepayment is larger than the credit amount figured on your 2001 tax return,you will not have to pay back any dif- ference. How much will you get? If you filed as a single taxpayer, your check couldbe as much as $300. Married taxpayers filing a joint return could see up to $600 in their mailboxes and taxpayers who filed as head of household mayre- ceive up to $500. It will take the treasury about three months to mail checks to those whohave al- ready filed their 2000 federal tax returns. By mid-July, the Ins willsend taxpayers a let- ter describing the amount of the advance payment check,the week it will be sent, and the possibility of an offset for anoutstanding debt, such as past due child sup- port, student loans or anout. standing tax liability. You should keep the letter for ref- erence whencompleting your 2001 returns. The Ins will al- so send a letter of explana- tionif you are not eligible for the payment. The Ins is sending the checksaccording to the last two numbers of your Social Security. If you filed ajoint return, the first Social Secu- rity number on the return will determinethe mailing date for the advance payment check. The lower the last twonumbers, the sooner your check will be in your hands. They anticipate thechecks will start arriving in late Ju- ly and be completed by early October. If you have not yet filed a tax return for 2000, you will not get any 2001advance pay- ment check until the Ins processes your 2000 tax re- turn. Thesooner you file, the sooner you will receive any advance payment to whichy- ou are entitled. Did you move since filing your last tax return? You will still receive theiRS letter and the check if you have filed a change of address with the U.S.Postal Service or the Ins. \ Picture his... PREMIER SERVICE FOR YOUR HOME Your home is your most val0uable asset. Let us protect it with homeowners insurance from Allied Insurance. Allied's commitment to Premier Service means you will enjoy... * Money-saving discounts e 24 hour a day, 7day a week claim reporting e Fast, fair claim service To learn more. call us today. Allied Insurance m~r ~ Nle~ckJ k, ts~ronce Plumas Bank's new NetTeller is easy for the kids to use... if they had your password. But for you, it means you can now get your deposit and loan information at any time fight over the interact--from your home or business. Check on deared checks; find out your checking account balance; print a statement; make loan payments; and a whole lot more. All with the total confidenti- airy and security P[umas Bank customers expect and deserve. is Pree to Plumas Bank customers. And when you sign up before August lSth, you'll automatically be entered into a Free. drawing for FIVE PALM --the completely portable electronic address book, note pad, dock, and calendar that you can update from your computer. So stop in to your Plumas Bank office today. And bring your kids. 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