Tobacco settlement money is 2000 income, IRS says...

Arundel Business Digest

March 06, 2000

Tobacco settlement money is 2000 income, IRS says

Maryland tobacco farmers who received a national tobacco settlement check in January should not report the payments on 1999 tax returns, the Internal Revenue Service advises.

Under the settlement, the tobacco companies were required to make payments to tobacco farmers and allotment owners over a 12-year period that began in 1999.

Because the trustee, Chase Manhattan Bank, mailed the 1999 checks Dec. 30, the IRS said, farmers could not gain access to the money until January.

Farmers who have filed a 1999 federal tax return and included the settlement payment can amend the return by filing Form 1040X. Chase Manhattan sent the payments, totaling $243 million, to 395,000 recipients in nine states, including Maryland.

Annapolis sous chef wins twice at gumbo contest

Zoltan Kimble, sous chef at Cafe Orleans in Annapolis, won both first-place awards in last weekend's Gumbo Cook-off, held at the Rams Head Tavern as part of the Annapolis and Anne Arundel County Mardi Gras 2000 promotion. Nearly two dozen chefs competed.

The Key Bridge Marriott's chef, Greg Sharpe, was second in the Judge's Choice voting, with Chef Jim Eriksen of Pusser's/Annapolis Marriott Hotel winning third.

In the People's Choice competition, Rams Head's chef, Greg "Cowboy" Richardson, was second, and Tom McReynolds of Harrington Harbor Inn was third.

Job fair set for Friday at community college

Dozens of companies, government agencies and other prospective employers have registered to participate in a job fair scheduled for 10 a.m. to 2 p.m. Friday in the gymnasium at Anne Arundel Community College's Arnold campus.

The free fair, open to all job-seekers, will include seminars on interviewing techniques and resume writing. Participants may bring copies of their resume to apply for jobs.

If the college is closed because of inclement weather, the event will be canceled. Information: 410-424-1329 or 410-974-7589.

Names in the news

George Toregas,formerly a senior account manager for Lucent Technologies, has been named vice president of the telecommunications division at Abtech Computer Services in Annapolis. The division specializes in sales to companies of Lucent telephone systems, Sprint long distance-data line services and telecommunications systems.

Scott Phillips,managing director of Gateway Capitol Financial in Linthicum, has been inducted into the MetLife Hall of Fame -- a distinction requiring a minimum 10 year's of service in MetLife management. Gateway Capitol is a financial services agency of MetLife. Phillips lives in Ellicott City.

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