Gift Tax Returns Announced by Austin Collector
James W. Bass, Internal Revenue Collector of Austin, Texas, says blanks for filing Gift Tax returns and Regulations 67 are ready. Returns for 1924 gifts must be filed and tax paid by March 15, 1925. The new Gift Tax Law, effective June 2, 1924, is retroactive to June 1, 1924, with a $50,000 exemption for resident donors. nonresidents with gifts of U.S. property are not exempt. The collector urges donors and recipients to request blanks and guidance to avoid penalties, and notes the law places tax liability on the donor and the recipient.
MENTIONED IN THIS ARTICLE
James W. Bass
Internal Revenue
Austin
Texas
Bass
Als
United States
Quality Shoe Shop operates with Landis machinery
The advertisement notes an electrically equipped Quality Shoe Shop offering on site shoe rebuilding and repairs while customers wait. It guarantees all work and promises reasonable charges, inviting customers to visit the shop at the Highway Filling Station.
MENTIONED IN THIS ARTICLE
Landis
Neff Leaves Bible White Flower and Portrait of Wilson
Gov. Pat M. Neff closes a four year term in Austin leaving a brand new Bible inscribed To My Successors and a White Flower plus a portrait of Woodrow Wilson on his desk. He plans private work at McGregor for about two weeks and notes two keepsakes: a worn pocket dictionary and a small colored picture kept since childhood.
MENTIONED IN THIS ARTICLE
Neff
Wilson
Austin
Texas
Woodrow Wilson
Miriam A. Ferguson
Pat M. Neff
Gov. Neff
McGregor
Tax Credit and Exemption Provisions Under 1924 Revenue Act
The 1924 act sets exemptions of 1000 for singles and 2500 for married or head of family, plus 400 credit per dependent under 18 or incapable of self support. Normal rates are 2 percent on the first 4000 over exemptions, 4 percent on the next 4000, and 6 percent on the balance. A special earned income credit of 25 percent applies to net income up to 5000.
For Sale Classified Ads in Shiner Texas Area
Many items offered including cattle hogs and poultry. Listings mention young cow fresh in milk weight about 150 lbs and nine months old registered Holstein Friesier male. Eggs for hatching $1.50 per setting plus settings from Purebred Columbian Wyandottes $175 delivered. Also several residence lots for sale with easy payments and low interest in Shiner area. Richard Braun Emil Benarden Chas Schindler Gus Pfeil noted.
MENTIONED IN THIS ARTICLE
Richard Braun
Shbtner
Chas. Schindler
Gus Pfeil
Shiner
Texas
Fort Worth School Credits Puzzles in Class Work
Fort Worth Texas January 25 Central High teachers reward pupils who finish crossword puzzles tied to their studies. A poem about babies appears, quoting a G A R note from Chicago Tribune, reflecting a mix of school activity and reader verse.
Also Mentioned on This Page
the Quality Shoe Shop
Arno Wagener
A. A. Daklek
Kuhn
D. C. Diftmars Barber Shop
Agency For
Southern Hat Company
Texas Steam Laundry
Durell Miller
State Bank Building
Yoakum
Palace OF Sweets
R.F. Chlastak
Yoakum Bakery
R. F. Chlastak
Leslie.c. Merrem
Yoakum, Texas
In Shiner
First National Bank
A L. Fuller
Shiner Drug Store
J. A. F. Kroschel
Shiner Surgical
Wigcht
Dr. Frank .M Wagner
Ower Kuhn
Stone
Baca
Otto Fisseler
Wendtland Jr
E. W. Pfeil
Fleischman’s Yeast
Emil Benarden
Bermuda
R. J. Friedrichs
Cuero
Fort Worth
Central High Teachers
Pils
Chicago Tribune
Farmers State Bank
A Guaranty Fund Bank
the Depositors of
C. J. Garbade
E. Runk
Sherwin-Williams
Neeee
ST Rserreean, Fede
Dain Coe
Aaa
TOYS
Wicker
Sherwin
Williams Household
Painting Guide
SWP
Vicor
Vam
Rexpar
Floorlac
S-W Handesoft
Visieh
Detch Bacal
Winside
Paine
Screan Enamel
W. Day
Garbade Lumber Company
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