University of South Carolina Libraries
AID TAX-PAYERS IN FILING RETURNS Internal Revenue Bureau Hu Made Elaborate Plans?Revenue Of- I ficeri Will Help. Extensive plans for aiding tax-pay ers in filing their income tax returns for the year 1920 are being made by the Bureau of Internal Revenue. Revenue officers will visit every coun ty in the United States to assist in making out the forms. The date of their arrival and the location of their offices will be announced through the press, or may be obtained on inquiry at offices of collectors of internal re venue. The services of government experts heretofore offered to city re sidents will be continued. Forms for filing 1920 returns of in come will be sent by collectors to persons who last year filed a return. Failure to receive a form, however, does not relieve a person irom ma obligation to file a return within the time prescribed. Copies- may be ob tained from offices of collectors of internal revenue, branch offices, post offices and banks, and are expected to be available on or before January 1. Revenue officers assigned to the work of assisting taxpayers also will be supplied with forms, concerning which, and the various items of in come to be included, they will be prepared to answer any and all ques tions. It has been demonstrated, however, that many questions may be eliminated if the taxpayer, before seeking the assistance of a revenue officer, will carefully study the in structions on the form. The period for filing la from Janu ary 1 to Marcn lb, lyzju me w*, this year as last, may be paid in full at the time of filing the return or in four installments thef irst of which is due on or before March 15, the second on or before June 15, the third on or before September 15 and the fourth on or before December 15. The first installment must ac company the filing of the return. Persons whose individual net in come for 1920 was $5,000 and less should ask for Form 1040 A. Those whose -indiivdual net income was in excess of $5,000 should ask foi Form 1040. The Bureau of Internal Revenue is -urging taxpayers not to delay in the ?,: Morchnntu IllJIlg Ui men lEkumin and business men are casting up their accounts for the calendar year 1920. With the facts and figures necessary to make a correct return fresh in their minds, the making out of a form soon after January 1 will be an easier task, the bureau points, out than if delayed. The requirements of the revenue act relating to returns for the year 1920 are the same as those for the year 1919. Every single person whose net income for 1920 was $1000 or more and every married person whose net income was $2,000 or more must file a return. The ex emptions are $1,0(^0 for single per sons and $2,000 for married persons and heads of families, plus an addi tional exemption of $200 for each person dependent upon the taxpayer for chief support if such person is under eighteen years of age or in capable of self support. A single person may claim an exemption 01 $2,000 as the head of a family if he is the sole support of one or more i WEAK, f Mr. Enoch Moore, of Oconee, S was nervous, and my limbs seemed some such feeling, I can hardly "trembles." I was sallow, had a di at night. I read of Ziron and thougl the same for me. I knew I could at 2^^ im ABBESS The Scientif: and very shortly I felt better, ate an feeling gradually left me. It was a t seemed to-hit the spot" If Mr. Moore had not been ben took, he could have gotten his mon druggists everywhere on a money-l Insist upon Ziron Iron Tonic, ing else as good, so refuse imitatio Ask your druggist fcr Ziron. - " NEAR EAST RELIEF Qolumbia, Dec. 7.?Governor Cooper yesterday gave out the fol lowing statement to the Campaign for the Near East Relief Work: "Reliable information comes to the people of America that in Asia Mi nor native christian inhabitants have been deported, massacred and driven into the desert to starve, re sulting in the death of some 800, 000 children, as well as adults. Children of Armenia and Greece are homeless and wholly dependent upon outside sources for a chance ?* O/mi+Vi f!?ro to live. The peopie ui lina are asked to provide for the support of 2,500 of these little de pendents." "An Act of Congress, August 6, 1919, authorized the Near East Re lief to provide succor for these peo ple, and now more than 200,000 of these little orphans are being cared for by this organization. Many of them must starve if American re lief is withdrawn." "In order that there may be con certed effort to raise funds Decem ber 12th to 19th has been designa ted as Near East Relief Week. I urge the people of this State to give all possible assistance to those in charge of the Campaign. This is a cry of distress addressed to the A merican conscience. Our Christiani ty must answer." v TT ^ T> n. L/. From a population of 15,000 in 1900, when it was the center of the gold rush to Alaska, Nome has dwin dled to 200 inhabitants. j The twenty-first verse ' of. the [seventh chapter of Ezra contains all J the letters of the alphabet except the |letter "j." i relatives living in the same house with him, and if he exercises con trol over household affairs. Deduc tions from gross income to which the taxpayers is entitled in arriving at net income are fully explained in the instructions on the forms. The bureau is emphasizing this year that the requirement to file a return rests solely upon a person's marital status and the amount of his or her net income for the year 1920. Single persons whose net income was I $1,000 or more and married persons whose net income was $2,000 or ! more must*file a return regardless I of whether their incomes are non | taxable by reason of their exfemp j tions. The normal tax rate for 1920 is 4 j per cent on the first $4,000 of net in j come above the exemption, and 8 j per cent on the remaining net m ! come. The surtax rate, which is i computed without the benefit of the exemption, ranges from 1 per cent $5,000 and $6,000 to 65 per cent, on the amount of net income between the amount of net income in excess of $1,000,000. For the information of taxpayers in filing their returns, there has been prepared by the Bureau of Internal Revenue a series of short articles on the income tax laws and 1920 regu-| lations, the first of which will ap- j pear on January 3. Errors hereto- i fore made have been noted, and the | ! taxpayer is told how this year they (may be avoided. IERV0US i. C., tells how Ziron helped him: "I [ to ache as though I was scared?or describe it. 1 would have weak raggy, worn feeling; didn't rest well [it if it had helped others it might do least try it. I began using ic Iron Tonic d slept more, and the weak, nervous onic?a builder?I needed, and Ziron efited by the first bottle of Ziron he ey back, for Ziron is sold by reliable jack guarantee. When you need Ziron, there's noth ns and substitutes. Accept no substitutes. ZJ.3 TWO NEW SECURITIES ISSUED NEXT YEAR BY U. S. TREASURY Will Complete Line of Government Savings Securities and Place Sav ings Movement on Peace Basis. tcuipi6ii&? t?tJ nnc Oft savings securities and placing the treasury savings movement on a solid peace-time basis, #two new treasury savings securities will be issued dur ing the coming year, says* recent an ouncement from Secretary Houston i ne new issues ue a Savings Stamp and a $25 T-easury Savings Certificate., The $1 stamp, which will be non-interest bearing, ia to be bright red in color and to bear the portrait of Alexander Hamilton, first Secretary of the Treasury. The |25 certificate will be similar in de sign and terms to the $100 and $1,001 Treasury Savings Certificates which will also be offered in 1921, to mature January 1, 1926. ' The new securities will supply a $1 unit for saving, and a registered go^ ernment security in the $25 denomina tion which can be conveniently pur chased througk the accumulation ol the $1 stamps. The small denomina tion war-time securities?the $5 Wai Savings SUvp, in a 1921 series, and the 25 cent Thrift Stamp?will also b< offered during the coming year, as wll! toe registered Treasury oktih|i v^c* tiflcates la $100 And $1,090 denomina lions. ' Demand Continues Strong* * Notwithstanding the reaction sinci the armistice from habits of earing Secretary Houston said that the de mand for savings securities has con tinued strong in many parts of the country, and that he believed that ai the security markets become more set tied treasury tiavings securities bear ing interest ait 4 per cent, compounded quarterly, exempt from staite and loca taxes and from the normal federal in come lax, and redeemable substantial ly on demand, should prove increasing ly attractive, particularly to the mul tltude of small investors. With these considerations in miud the Treasury is committed to the con tinued sale of government savings se curities, and feels that as time goei on sales of savings securities over th( counter, aft post offices and banki throughout the country, should plaj an increasingly important part in th< current financing of the government. To this end, the Treasury is als< committed to the continuance of the work of the Savings Division, in Wash Ington and in the several federal re serve districts. This organization en deavors to promote the purchase o! government savings securities; it de velops and protects the secondary mar ket for Liberty Bonds and Vlctirj Notes and other war Issues of govern ment securities. It also unites the ef forts of all helpful agencies and move ments, financial, industrial, educa tional, commercial and social, in a broad savings campaign to make per manenit the habits of saving and in Testment in United States Governmenl securities. Its work along these lines will be intensified in 1921, the savings organization for this district, with headquarters in Richmond, Va., direct ins activities in Maryland, the District of Columbia, Virginia, Wert Virginia, North and South Carolina. Organizations Co-operating. Requests that the savings work be continued and offers of active co-op ration in the movement have been received from national organizations Including the American Federation ol Labor, nearly every fraternal organiza tion of prominence in the United States, and presidents of women's 'or ganizations. The work of ibe Savings Division has also been splendidly suc cessful in the schools. In response to the demand, the Sav ing? Division will intensify during 1923 Its campaign to spread broadcast the essential facts relative to wise saving and spending and investment, and the continued development of n?w capital. The savings securities to be offered have also been shaped to meet these needs. The $1 Treasury Savings Stamj: and the $25 Treasury Savings Certifi cate come as a result of work carried on in the great industrial plants of the country. This campaign demonstrated th:it workers like a $1 unit for saving and that they are seeking an invest ment security of the $25 denomination The 25 cent Thrift Starrtp and the War Savings Stamp, which have gaine.d a strong foothold in the schools of the nation, will be con tinned during 1921 in order that cver> American youth may have the opior tunity to become an active partner ir. the business of his government. The 1921 War Savings Stamp of $<" maturity value will be larger in siz< than the 1920 issue, will be orange ii color, and will bear the portrait o< Lincoln. The 25 cent Thrift Stamj will be unchanged. A ?lr wnnt* amnlni'or nr Honlfor tft oall you Liberty Bonds on installments and take advantage of the opportunit\ presented by present market prices Or save up until you have enough tc buy a $50 bond. War Savings Stamps will help you save. You can't lose, the handsome profits due you if vofi . buy Liberty Bonds a I present mr.rket prices and keep them nntll maturity. The wealth and crcdil of the nation are pledged to their rt 4?mptton at pur. KICK' IS LIMITED IN XMAS GOODIES Washington, Dec. 4.?The flavor ing of home made Christmas plum pudding mince meat and brandied cherries and peaches with alcoholic spirits is in violation of the prohibi tion enforcement law and such foods are liable to be seized, it was stated today at the Bureau of Inter nal Revenue. Officials explained that their interpretation of the enforce ment act culinary products in which &?5j3j0L *v r Ge in tim Every one in be pleased with Christmas mom: pleasure lasts thr< At any moment the world's grea their chosen inte the very best month's list of Records keeps with the importa of the musical wc today; let us ex] terms. McMU AB I nuzrazraizizraiiniranr I 12 more shopping days until YMAQ I iiiiinu I I I A? in the past, ( E j and most comple | ] have spared no p E ' E j even greater than Ej = [ J We beg to annou that our Toy Dep merit is now* op for inspection -j I 1 M II / | muui: IJ Hot Hustler R; 1 eii!iajEraraii!ii!raii!i?!i?!raii alcoholic ingredients can be made: only by manufacturers of food pro ducts who obtaia a permit from the government and that such products must contain less than one half of one per cent of alcohol. They also state the regulations require that such products shall not be used or sold on the premises, and that this effective barred the house wife from making any Christmas foods with liquor in them. The regulations | specifically state that permits shall t a Victr( e for Chri the family will a Victrola on ing and their i . 1. < ough the year. tKey can hear itest artists in ;rpretations of music. Each new Victor you in touch , nt movements )rld. Come in plain our easy RRAY DRUi IBEVILLE, S.| innrannnnnnnnnE wzjm jur HOLIDAY sto te to be [found in thi >ains in making the l ever before 5 uepartmen icket not be issued to hotels and restaur ants. | Retailers do not have to hare per mits to sell culinary products con taining less than one half of one per cent of alcohol obtained from - au thorized manufacturers officiate asid. Sailors of the Spanish armada are said to have carried with them dolls and children's playthings as mas cots. )ia istmas taiiiamamafiiiErannnn choice! ij of first selections | j are offered you. i: Shop Now! ! 1 1 is the largest is section, and we collection this year ir?advice to you is buy early?stocks 82 i scarce and there U be no duplicates. t Store Abbeville, S. C. (j