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Newspaper
Petal Paper
Location
Petal, Mississippi, United States of America
Date
May 22, 1958
Page
3
Social Security information for self employed farmers notes an alternate method to calculate earnings from farming. Luther N. Davis, District Manager, outlines how farmers may apply this option in the local area.
Lou Enochs outlines how farm operators can compute net earnings for Social Security, with thresholds at 1800 and 1200 dollars. Using actual net or two thirds of gross may secure protection for old age and survivors, depending on earnings. A note about restitution cases and a 1937 car break-in are mentioned alongside district court transfer details.
The Danish physicist Niels Bohr received the inaugural Atoms-for-Peace award for science aimed at peaceful use of atomic knowledge. The article notes tax and social security details, including reporting income for social security purposes and 1956 amendments extending coverage to certain farm owners with tenant farm income. It directs readers to the Internal Revenue Office in Jackson and the Social Security office in Hattiesburg for information.
A Norton fire engine rushing to a house blaze on U S 58 collided with a pickup driven by Paul Carroll whose vehicle skidded and dropped 15 feet over a bank. An ambulance struck the left side of Carrolls car as a passenger car sped away. The car blocked traffic and skidded into a ditch to avoid vehicle three, with a fifth car missing the ditch but striking vehicle three. All five vehicles were heavily damaged and the house burned to the ground.
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