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This newspaper page contains 2 articles. Subscribers can read the full text of each article.
Newspaper
Roanoke Rapids Herald
Location
Roanoke Rapids, North Carolina, United States of America
Date
Sep 10, 1920
Page
8
A hundred and fifty people have saved a hundred and fifty thousand dollars within the association since its inception, marking a significant early milestone and reflecting strong member participation and financial discipline.
The article discusses allowable deductions for farm losses and income, noting that losses on animals are not deductible unless purchased for draft or breeding. It explains methods for calculating farm income tax, including cash basis and accrual basis, and mentions Form 1040 schedules for farmers. It also touches on the origin of the motto E pluribus unum and its historical trigger.
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