WHATYOU'VEJUSTread
are the comm nts of one of
America' rich t men. John
Johmon, woo � be B
am wa1h O\U quarter 0 mil
lionbudcs, 'd �
ly, but t1q' were firmly in 1m heart
OYer 4O)UJS w� he taJ1cd
m 1M: out 1m .. n aOO wisdom
via . Ebony am Jet magazine
publicaticm.
He built . fM\Ile by �
at what he to offer tlnge arooo
tim. By looking at whit he bKI k>
dJertlxJie8lO him. By �
in the minor, am within 1m neigh
bortmd, John Jo n able to
8CXIWe a m Ii-million dollar per
sooal pottfblio by providing timely,
and vital, information to his
African-American oommunity.
. Fa' nne Blacks to li� out the
promise of America's Dream, his-
ry shows that � good ones al
Ways lookrd for � owortunity
tIMl was � hand fiJsL Orce
they seized the moment for a
product or service oppor1l1nity,
_� s1ar1Cd k> realize peISOOal am
us1aincd �\.&A�
- .
• .... LIKE AMERICA'S con-
:. . line of wtite capWns of in
tty, � only Blades woo will
• ever be wealthy will be ttn;e with
C'n�lrial Wion.
Asmart man or woman casting
· a glarI:e in the mirror woo doesn't
: disparage what he sees will realize
, IMt � entapriscs that bred wealth
: WCIe � tmt were suxcssful
· befote were rooted in the delivery
, eX. services am produes to their
community. Blacks who have
, looked around theImCMs koow
that they can make big b� from
providing the kiOO) of services that
Whites rave been either Ul'J\Villing
or Wlable to provide to Black
, Americans.
Witness the $2SO million em
, pite that Y�hBen Yahweharxl
· IisNationbui1tby�grocery
· SDcsaOO rental prqlCl1ics in South
FDida's �rcities.
, In the nineteenth century of
�ca the early Blade foounes
were built in irxJustrlcs such.as in
suranee, undertaking. banking,
· 1mIia, retailing aOO 1alth arxl'
beautyp�.
IN 1lIAT SIDRFbATED
'f society, as is now informally,
where whites would neitrer imure,
b.ury, leOO rooney, portray fairly in
the papers, ror market producs,
uUe needs were quickly being
filled by enterprising Black
bisiresspeople who knew the
goldlnin: they had around them.
Going ink) the 21st ceIl\UlY,
Yahweh Ben Yahweh, John
Johmon,akqwithoda'ex1J'elm
ly lOOmed peopJc �h as AG.
Oaston, Madame CJ. Walker,
Maras GaMy, am Robert Ab
bott, all will tell )OU that theIe is till
Black gold m be rtm=d dO!le k)
�
In other places in this
. �ryoUWin8CCC1llptcrml
" YeISC abow tow the wtite man
oontinucs to igJOC am rnistlQt
�u. But you sbluld look arouOO,
you �mbers of a mighty race. If
you don't like what you see, then
you. 8I¥l you alone with yowself,
may hive al.teady seen what it is
: that you k)() can't SUlOO k> rvice
: <X' produce for. AOO that may well
. be the reason why you 8len't, am
,never will be, a rich man in
'America.
BUSINESS/FINANCE
D PIT I G
ented nd h vingdive int re
Tiffany y h rm [or intere Ii in
h irwe ving, h ir repl cern nt, nd
working with chernother py nd
bum victims.
By providing a forum for the en-
ed hancement of elf-e teem nd elf-
imag , and isting area t lent in
meeting their destiny in the publi
eye, Tiffany has long been an unsung
hero in Kalamazoo. Now, we all can
ing her prai
The client, if he or she wish ,
can h ve the refund check
deposited in his or her. checking
account, Jackson added.
Vince Jackson
According to Jackson,
electronic filing is possible until
August 15 providing the individuai
gets an extension before April 15.
Jackson said "tax planning" is
what everyone should do and one
va makes taxes less taxing
Manager of Cannon-Muskegon Cor
poration ..
-March 4, Beth Kelly, Vice
President of Human Resources for
SPFAKERS ARE: Cascade Engineering.
-February 12 Patrick Quinn, The cost for the four sessions is
President and CEO of Spartan Stores $68 per person (section 6121) and
Inc. . $58 per person for two or more
-February 19, Robert Hovey, people from the same company (sec-
Presidentand FounderofEscoCcm- tion 6122). Phone 777-0250.
pany Limited Partnership. Registration deadline is February 7.
-February 26, Roger Schwer,
the former President and General
prove valuable for any employee in
volved with developing corporate
strategies, organizers say.
I Taxpauers Ask IRS
Gambling and Lottery Winnings
Taxable Income
and jai alai, if the pr cccd-, arc
more than 1,UUU and .irc �t 11.:.1 t
JOt) time the amount ul' the bet.
Remember. if (�lkr�t1· IIl�Ul1l1.:
tux b nut , .. irhhcl.J from yuut g.un
bhng winnings. your income may
be underw ithhcld and ) UU lila)
hu .. � to pay estimated tux,
Q. Can 1 deduct my 'gambltng
lu!> I:S'!
.... If you itemize your �cdu�tiun .
. on Schedule " (form 1040). you
can deduct gamblin I losses you
had during the year, but only up to
\h� amuunt of your winning'.
Fur III rt! inform:.ation about lot
t\!ry and gambling winnings, scc
Publicalaun 17, rOIlT Federal 111-
('(}lnt' Tux, Chaptcr ,"Withhuld
ing on Gamblin� Winning�," or
Publi�ation 505, "/'u.\ U 'lIhhu/tlillg
und E�/imul(.·J Tax. haptcr I,
"Withholding on G mblin Win
nin�s."
If not t!nou�h tao h s b\!cn with
held bc\!au!>c of winnin� a sum
from a ourcc that is not subjcct to
withhulding, \!C Publication 505
for inform tion on huw tu makc
your t�d�ral c!>timatcd tax pay
mt!nt .
should begin planning for the 1992
tax year now.
"We can help wi th tax plan-
ning," Jackson said. In addition to
tax planning, we offer retirement
and educational planning for th
clients' children.
Moreover, he said, EVO of
fers grant filing assistance also.
Because of the "we work for
you" slogan, EVO, Jackson aid,
has an attorney to advise its
clients. .
Jackson is a Grambling State
Universi ty al um uni. He
graduated in the top 5 percent of
his class and was recrui ted by
Ford Motor Company .
'With his educational back
grou nd in acco u n ti ng and
management, Jackson worked
with Ford Motor Company until
he took the "Golden Handshake"
(retired) in February of 1988.
The difference between EVO
and other accounting firms is "per
sonalized services," Jackson said.
"Our motto is:' we work for you."
For additional information
please call (313)835-3900.
MCC's management academy begins Feb. 12
TIFFANY GARDNER, bu Ine oman nd ubll rv nt.
{D. Coo photo)
By NATHANIEL SCOTT
St." Wrtt.r
DETROIT-It's that time of the
year, folks. Time to prepare tax
returns and one accounting, audit
ing, financial consultation and tax
services firm offers federal
electronic tax filing with "a 48-
hour refund anticipation loan."
EVO, 16200 W. Seven Mile
Road, is the firm and it offers "a
full range of financial and
management services designed
pecifically forsmall and medium
ize busines es."
However, at this time of the
year, Vince Jackson, one of the
three founders of EVO said
federal refund checks a minmum
of $300 and 8 maximum ofS3,300
can be i sued within 48 hours.
Nate Davenport and Samuel
Jackson were the other founders
of EVO.
The speedy returns are possible
through electronic tax filing, Jack
son said. The process reduces
mailing time, "eliminates the pos
sibility of human error" and cuts
the processing time.
The Muskegon Community Col
lege Business and Industrial Train
ing Center is proud to be sponsoring
the 1992 Management Academy en
titled "Managing in Challenging
Times."
Guest speakers this year will
focus on the management Challenges
affecting their companies.
The Management Academy is
designed for top level and key mid
dle management employees. How
ever, the Academy sessions should
These are typical of questions
asked by taxpayers and are pre
sented as a public service of trus
publication and the IRS.
(.!- Arc gumhling and loucry win
rung considered t .. ixablc income
for tcderul inCOl1C tux purposes"
..I. Y I:S. g-.amhling and loucry w in
ning' arc considered taxable in
come.
Q. If I am lucky at gambling, will
federal income ta.\ he \\ it hhcld
from my winmngs?
.-I. Incumc tll:\' is withhdd frum
crtain kind of gambling \\ in
nin�s. Th\! amount wllhhdd is 20
pcr��nt of th\! procl·c,.ts (the
amounl uf winning!> minu' th�
amount uf yuur bel). Galllblin�
winning' from thc follU\\'ing
'uurc\!s arc ubJCCl t iJH.: me ta.\
Withholding.
I) A state lottery, ifthc pro��\!ds
arc mor� than 5,0 0;
2) A .. agcring pool, s�cep!>takcs
or IOllcry such .as a draWing or
church rank, if th\! procecds ar�
merc than 1,000; . and
3) Any uther wa 'cr, in luding
wag�rs on bors\! rac\!s, do fa c)
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