Word: deductible
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Dates: during 1990-1999
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...beginning of the academic year, when paying tuition, students need only deduct $20 from their term bills and explain to the billing office the reason for doing so. The office will automically deduct $16.67 of the $20 council fee for you. Then one of Harvard's 10 student billing representatives will take care of the rest, including writing the official letter to Dean Epps's office for the final $3.33 refund...
...fact, if students wish to get refunds from past years, this is possible too. One need only deduct the appropriate amount from the term bill and include a brief explanation with the bill. For example, a junior who has never claimed his refunds could have deducted $60 this fall, including $40 for the past two years and $20 for this year...
...card can also carry specific dollar values. Newspapers like the Philadelphia Inquirer are testing $10 cards that would deduct 50 cents each time they are inserted in news racks. No more fumbling for loose change. Telephone companies are issuing cards good for so many minutes of calling time. And a brand-new electronic highway toll system developed by AT&T and Lockheed in Orange County, California, lets drivers pay without stopping. Radio receivers pick up signals from dashboard-mounted cards as vehicles zip through toll lanes. The fees are deducted directly from the drivers' bank accounts. Says Bob Bess...
...fastest-growing charge cards are the ones that automatically deduct money from checking accounts. The amounts riding on such debit-card use could zoom nearly 600% over the next eight years, according to H. Spencer Nilson of the Nilson Report, an Oxnard, California, newsletter that follows this industry.While Visa's credit-card business grew 16% last year, the use of its "CheckCard" debit service jumped 47%, as consumers sought to avoid finance and interest charges...
Auditors may also question whether the Clintons could deduct the interest on the main Whitewater loan from their personal income tax report for interest payments made after September 1979, when the corporation took responsibility for the loan...