The Abbeville press and banner. (Abbeville, S.C.) 1869-1924, December 10, 1920, Page PAGE TWO, Image 2
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