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Newspaper
Boston Post
Location
Boston, Massachusetts, United States of America
Date
Jan 08, 1918
Page
5
The article explains depreciation's impact on computing federal income tax for buildings, tools, pleasure cars, and motor trucks. It notes officials are asked many questions and outlines the effort to present salient points on allowable rates and conditions for depreciation claims.
Federal income tax officials explain there are no fixed rates for depreciation and that the allowance depends on property use and lifetime. It outlines methods to compute depreciation, rules on repairs versus depreciation, and deductions for personal and rental taxes, with examples and reader questions.
In aging readers, regular bowel movement is essential for health and vitality. Strong purgatives are discouraged. Dr Caldwell's Syrup Pepsin, a mild herbal laxative, is recommended and available for fifty cents a bottle with a free trial offer by Dr W B Caldwell at 456 Washington St Monticello Minnesota.
Federal income tax return blanks are expected to be received in Boston today from Washington. A batch of returns left Washington Saturday and 100 deputies will begin work tomorrow in various parts of the State.
Deputy Tax Collector Henry H. Bond states stock dividends remain taxable for Massachusetts income tax, despite a federal ruling in Towne v Eisner that they are not. He cites 1917 Massachusetts decision Trefry v Garfield affirming taxation as dividends. The federal decision does not affect state tax, Bond emphasizes.
Peter O'Meara was killed when his sleigh was struck by a Boston bound train at the Sawmill crossing on the Boston and Maine railroad. His team was hurled by the impact and his head was severed from his body.
The proposed dog licensing law, prepared after lengthy hearings by a special commission appointed by act of the Legislature of 1917, was referred to the committee on agriculture yesterday. The bill and the report accompanying it consist of four sections.
Washington Jan 7 publishers outlined proposed changes to paper contracts and trade practices at a Federal Trade Commission hearing. The session explored price fixing, contract terms, delivery and payment details, and stronger government influence over paper supply, with legislators considering wartime controls.
An advertisement touts Orlex hair powder as a home treatment to turn gray hair dark or brown. It claims quick, non staining results with a 25 cent box and a $100 gold bond guarantee, noting ingredients list and ease of use.
The commission will hear jobbers next Wednesday and resume general hearings February 4. Mr. Wise requested a continuance to produce investment cost figures. A postponement until after the Ottawa hearings on January 10 was suggested to aid settlement of the price question.
The Rev. J. L. Hoyle pastor of Wendall Avenue Congregational Church resigns to start Brockton Valet Service on Centre Street. He will operate pressing and repair of clothing with his assistants, effective Jan. 15.
Fred C. Miller, a German with first papers for citizenship, became mayor of Michigan City at noon amid court actions to block his oath citing enemy alien status. An injunction hearing for former mayor Martin T. Krueger was postponed and will resume Thursday.
Winfield Scott Sims, inventor of the Sims Dudley dynamite gun used in Cuba and by the Rough Riders at Santiago, died in a Newark hospital from complications of diseases. Born in New York City 74 years ago, he also created the wireless dirigible torpedo and sold five to the Japanese government in 1907. He was first to apply electricity for torpedo propulsion aboard a submarine.
John Hammond assistant advertising agent at Park Square Theatre sails tonight to join the Black Watch Highlanders. He receives a wrist watch and silver identity disk from Local 17 of the International Alliance of Bill Posters for his service.
George H. Wrenn of Springfield for defense council New England member named on Gompers recommendation as he resigns from local Central Labor Union presidency. The Springfield report notes his prominent role in state AFL and labor circles.
Worcester reports the death of Hagegis Hodgson founder and president of the Queensbury Worsted Mills at his home 906 Main Street. He was widely known nationwide and died today in his 72nd year.
Odd Fellows Hall was crowded for the Inter national Alliance of Bill Posters and Billers Local 17 annual ball. Agent John Hammond received a gold wrist watch in a presentation by Frank Johnson president Local 11 as he leaves to join the Princess Pat Regiment.
A vessel described as a boat featuring a cylindrical copper hull with conical ends, equipped with a screw propeller and rudder, powered by electricity generated on shore or on board, intended to propel guide and explode torpedoes.
Nearly 500 naval personnel stationed at Commonwealth Pier and the Charlestown Navy Yard attend this evening's Our Navy showing at Tremont Temple. The color pictures, shown in Prizma, are praised as patriotic and instructive, produced under navy sanction to depict U S Navy growth since entering the war.
Advertisement claims a remedy for colds using laxative bromquinine tablets. States refunds money if it fails to cure and includes W Groved’s signature on each box. Text is an old, terse ad fragment with limited readable details.
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