Cclusion of Tax Gifts and Stock Questions for Employees
A tax column answers reader questions on Christmas gifts from employers and rent reporting. It explains gifts are deductible for the employer only if given in good faith and not taxable to the employee. It also covers rental reporting forms and stock received as compensation as taxable income. It clarifies stockholder inspection rights and tax treatment of inherited property and losses from foreclosures and investments.
MENTIONED IN THIS ARTICLE
Thomas Hi
Ray
Daily and Sunday Post
Collector of Internal Revenue
Commissioner of Internal Revenue
Interest on partner capital not deductible from firm income
No. Interest charged on capital invested in a business is not a deductible expense. If a partner may charge interest, it does not change his income. Whether he receives profits or interest, both are income and taxable.
Points Made Clear on 1918 Married Tax Exemption
John F. Malley explains 1918 exemptions for those who married that year or whose spouse died. A married taxpayer retains a $2000 credit for a husband living with his wife. Before marriage each spouse had a pro rata share of a $1000 credit, and from marriage date to year end their joint credit is a pro rata portion of $2000.
MENTIONED IN THIS ARTICLE
John F. Malley
Internal Revenue
Mr. Malley
Malley
Congress
Begg's Mustarine Promises Fast Relief for Aches
Advertisement touts Begg's Mustarine as the quick remedy for sore throat chest colds bronchitis and pleurisy claiming faster results than mustard plasters. It markets Mustarine for rheumatic pains headaches and other aches asserting rapid penetration without stomach upset and urges buying the original yellow box.
MENTIONED IN THIS ARTICLE
Begg
Mustazine
Regy
Pro rata income tax credits amid 1918 state rulings
Tax collectors explain how the $2000 married credit and $1000 widow's portion are prorated when a spouse dies in 1918. The guidance covers full months counted, penalties for evasion, extensions for filing, and enforcement plans to locate tax delinquents.
Massachusetts aims to banish diphtheria with education drive
State Health Department epidemiologist Dr Bernard W Carey announced a campaign to reduce diphtheria in Massachusetts. He said 65 percent of deaths are infants and could be saved with timely treatment as education campaigns engage physicians nurses boards of health and schools.
MENTIONED IN THIS ARTICLE
Bernard W. Carey
State Health Department
Massachusetts
Boards of Health
Etiquette Q and County Budget Debates in Boston
A reader asks if a theatre after supper is required and if maids should be addressed as Miss or Smith. The essay argues Boston norms favor Miss Smith and note that after theatre meals are less common. A budget bill debate covers Mayor Peters plans to centralize county printing and enforce segregated budgeting to curb Suffolk County expenses.
MENTIONED IN THIS ARTICLE
New York
Boston
Mary Smith
Mary
New England
James
Whiteside
Peters
Suffolk County
Suffolk
City Hall
Boston Budget Hearings Move to State House Dispute
City officials and Suffolk County supervisors clashed over municipal finance methods at a hearing in the State House. Alexander Whiteside opposed Mayor Peters backed bills on a two year mayoral term board of election reorganization and debt rules. Hearing was postponed to March 11 with recall bill delayed to March 12.
MENTIONED IN THIS ARTICLE
Committee On Legal Affairs
Karl Adams
Boston Law Department
H. Ware Barnum
Boston Elevated Railway Company
Committee On Judiciary
Joseph Warren
Boston
Charles J. Sodsdon
A. F. of
Walter I
MceMenimen
Brotherhood of Railroad
State Board of Labor and Industries
Repre
Thomas W. Murray
Campbell
City of
Superior Court
Suffolk County
City Hall
Court House
State House
Alexander Whiteside
Francis A. Campbell
Suffolk Superior Civil Court
Daets
Martin Hays
Peters
Boston Board of Election Commissioners
Charles 8. Smith
Lincoln
Fore
Senator Smith
Hays
John L. Donovan
Donovan
Kidney Trouble Remedy Ad Offers Urine Cleanse
An advertisement explains kidney trouble from rich food and uric acid. It promotes Jad Salts or Rad Salts, to flush kidneys, reduce bladder irritation, and improve health by taking a tablespoonful in water each morning.
Frances Project Nears Postwar Government Consideration
Government spokesman Andrew Bonar Law announced in the House of Commons that Frances is being considered among postwar projects. He said discussions with Premier Lloyd George aim to provide employment for discharged soldiers.
MENTIONED IN THIS ARTICLE
Frances
Andrew Bonar Law
House of Commons
Lloyd George
Botchkareva Tries Death by Her Own Action
Leader of the Death Battalion of Russia Botchkareva leaped from a pier into icy water to avoid reunion. The Boston Sunday Post features her life story in a self telling account.
MENTIONED IN THIS ARTICLE
Botchkareva
Death Battalion
Russia
Boston Sunday Post
Also Mentioned on This Page
Sale
Thomas H. Ray
League OF Nations
Doris Sawyer
Sentative Young
Weston
Boston Chamber of Commerce
Henry S. Harriman
Chamber
William C. Adams
Fish and Game Commission
Committee On Administration and Commissions
Department of Agriculture
State Forest Commission
Commission On Waterways and Public Lands
Miss Alice Stuart
England
France
London
Hinglish Channel
Paine
Paine Furniture Company
Arlington Street
Boylston Street
Itu
Fas