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Newspaper
Fairfield Journal
Location
Fairfield, Iowa, United States of America
Date
Jan 27, 1919
Page
3
Davenport tax collector Louis Murphy explains income tax rules on interest dividends and business income. He outlines treatment of bank and U S bonds, stock dividends, merchant returns, professional fees, farming income, exemptions, annuities, life insurance dividends, alimony, and deductible losses and taxes with emphasis on 1918 calculations.
Local short notices show Ed Honi and Bert Tenton visiting Burlington business affairs while Ruth Gonterman and Elizabeth Heaton travel to Ottumwa and Oskaloosa for visits and nursing duties. Several residents return home from extended trips or weekends with relatives in Ottumwa, Brighton, Libertyville, Seymour, and Chariton. A marriage license was issued to Neil Foglesong and Vera Hartman, with additional notes on servicemen, discharges, and hometown travel.
The text outlines depreciation allowances for various professions including storekeepers farmers and physicians, plus the method for calculating depreciation based on useful life and cost. It covers special rules for property bought before March 1, 1913, and allows charitable gifts up to fifteen percent of net income before tax calculations.
Apples for sale sprayed by Sanford Zeigler & Son at 606 POTATOES 1.40 delivered by A J Boyd. Phone numbers 1628 and 2763 listed for inquiries.
Mrs Medilla McCormick wife of the Illinois senator elect chairs the Republican Woman’s National Committee which will work with the national committee. The organization has opened offices in Washington and she spends much time there. She is daughter of the late Mark Hanna.
Basle January 27. Gen D von Winterfeldt a member of the German armistice commission has leno according to advices from Berlin.
Lithuanians in Paris report Lithuania will place its case with the League of Nations and accept its ruling. A memorandum from the Lithuanian delegation was presented to President Wise on arrival in Paris asserting this position.
Advertisement touts GOLD MEDAL Haarlem Oil Capsules as a safe gentle remedy for kidney liver bladder and urinary tract troubles. Claims to cleanse the system restore health and prevent relapse with a money back guarantee. May indicate a medical cure sells a product with testimonials and urged early use.
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