Income Tax Deductions Under 1921 Revenue Act
The article explains liberalized deduction rules for charitable gifts under the 1921 Revenue Act. Deductions apply to gifts to public purposes and certain organizations up to 15 percent of net income, with specific rules for individuals, partnerships, and corporations. Gifts to individuals are non deductible, while corporate donations tied to business benefits may be deductible as ordinary and necessary expenses.
MENTIONED IN THIS ARTICLE
Hedeaver
Star Daily
Neiter
United States
District of
Colum
American Legion
Seattle Man's Son Steals $5 and Receives $500000
Arthur A Sulman and his wife Julia, once penniless, claim a half million dollars from an aunt in London after the son forged a $5 note in Long Beach. He faces legal action for the forgery, while the family plans a honeymoon, new car, clothes, world trip, home, and possible law studies.
MENTIONED IN THIS ARTICLE
Los Angeles
Arthur A. Sulman
Julia
Suliman
Samuel Sulman
Washington
Seattle
Long Beach
London
Salmans
Veteran George McCarthy buried alongside Civil War veteran father
Memorial services were held at Butterworth mortuary for George G. McCarthy a world war veteran. The burial took place in his father’s grave in Leavenworth Kansas. The service was conducted under the auspices of veterans organizations. Meanwhile the American Civil Liberties Union seeks release for 113 federal prisoners serving wartime law violations through its efforts.
MENTIONED IN THIS ARTICLE
Butterworth Mortuary
George G. McCarthy
Imeabled Veterans of
Leavenworth
Kan
American Civil Liberties Union
Campaign expenditure restrictions under treasury regulations
Political campaign purposes are prohibited by treasury regulations. Amounts spent for lobbying, promoting or defeating legislation, or propaganda advertising not related to trade, are not deductible. Deductions allowed only for the year in which the amounts are actually made.
MENTIONED IN THIS ARTICLE
Treasury
Graft Doctor Eyes On Blind Rabbit Revelations
Vienna Antria February 6 Dr Theodor Keppany reports success after grafting eyes onto a blind rabbit. The animal, two weeks blind, regained sight by the second graft and recoiled from a stick and light. He aims to test monkeys next before human trials.
MENTIONED IN THIS ARTICLE
Vienna
Antria
Theodor Keppany
Koppany
Cloth Skirts and Notepaper Sold at Low Prices
Another shipment of cloth skirts priced at 5.75 highlights soft woolens with plaid large checks and stripes in plaited styles for sports and street wear. The Downstairs Store offers finish paper tablets and blue buff pink notepaper sold unusually low plus envelopes 24 in a package for 15 cents.
MENTIONED IN THIS ARTICLE
Downstalrg
New Mystery Death Shakes Film World
New York reports the death of Marence Deshon a famed motion picture actress. She was found unconscious in her apartment with a gas glow noted in the room. An autopsy will help authorities determine if gas caused the death in this developing movie world mystery.
MENTIONED IN THIS ARTICLE
New York
Marence Deshon
Hollywood
St. Vincent's Hospital
Miss Deshon
Mon keys eyes grafted on blind humans claim discussed
Ir Koppanyi believes that monkey eyes could be grafted on blind humans. The claim highlights speculative research on vision restoration and ethical concerns about cross-species transplantation.
MENTIONED IN THIS ARTICLE
Iment
Koppanyi
Citizens may register before March 28 without poll payment
Citizens are urged to add their names to the city hall registration books before the March 28 deadline if they have not paid Gov. Hart's tax. The note emphasizes that hundreds have not registered due to not paying the pet tax and encourages prompt registration.
MENTIONED IN THIS ARTICLE
Gov. Hart
Norwalk Man Declines Nomination for Fourth District
South Norwalk and Pire Hill resident refuses to accept nomination to congress on the former labor ticket for the Fourth district.
MENTIONED IN THIS ARTICLE
South
Norwalk
Conn
Pire Hill
Otterbein College Head Speaks at Alumni Dinner
Dr. W. G. Clippinger president of Otterbein College was guest of honor at an alumni dinner Saturday night and then departed for Denver.
MENTIONED IN THIS ARTICLE
Otterbein College
W. G. Clippinger
lDenver
Montlake Stadium Bridge Favored by City Council Panel
A bond construction plan for the Montlake Stadium Bridge gains favor in a city council streets committee but a popular vote is unlikely today awaiting a revived estimate from the city engineer.
MENTIONED IN THIS ARTICLE
Montlake Stadium
Etreeta Committee
Missouri woman Katherine Bingham dies in San Jose
Mrs. Katherine Bingham of Missouri, a winter traveler, died in San Jose at age 1.
MENTIONED IN THIS ARTICLE
San Jose
Katherine Bingham
Missouri
Also Mentioned on This Page
Julia Sulman
Frederick & Nelson
Fifth Avenue
Pine Street
Taffeta
New Mystery Death Shakes Film World
Washington, D.C
Robert Lt. Dorsey
Nellie
Women’s Black Vici Kid Oxfords
Vici
Hoover
Washer Co
Gurney Refrigerator Co
Seattle Paint Co
Rochester Stamping Co
Chas. H. Lilly Co
General Basis Products C
Wisard Products Co
Henninger & Ayer Mfg. Co. Co
Belknap Glass Co
the Central Stamping Co
A. 8. Boyle Co
Volirath Company
Aluminum Cooking Utenail Co
Majestic Electric Development Co
Hot Point Appliances
Universal Appliances
Vulcan
Ohio Range
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