Illinois News Index

Winnetka Weekly Talk, 6 Mar 1926, p. 40

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3R WINNETKA TALK March 6, 1925 CAR TAX RE DUCE D attributable to business deducted as a | COUNTRY DAY WINS business expense. The Girls' lightweigl 2g f the | S ghtweight team ot the Brown-Umlandt Car Used in Busi Well D | "Depreciation is allowed and, accord- | seventh and eighth grades of the North ar in Business, as Well as De- |. Shore C Dav sc »feate Furniture Co rection: Pormin. Gut in Income |i to the collector, the usual amount Shore Country Day school, defeated . r S bed lin mits | allowed on passenger cars is 20 per |the Skokie school seventh and eighth ax Seen mg | cent, but the rule is not iron-clad. If |grade team, Friday, 15 to 3, while the 13 : . la tax paver operates a truck that is |heavyweight team from the same The best selection [Deductions allowed tax payers in toa Mio ie 8 dch as 33 | grades at North Shore won a 12 to 10 of odd chairs and connection with the maintenance of au- per cent is allowed. i Victory Hora the Skokie seventh and | tomobiles, is the subject of the latest| "pravelling to and fr a place of | ¢18hth grades, | WEE ] ; | rs g to and from a place of | i ; upholstered furni- | bulletin issued by the Chicago Motor |} iness is not a business expense, ac- | pt ---- ture ve have ever | club. ; : [cording to the department, any more - LOSE CAGE Same Nom! » A ruling of the Internal Revenue de- | than car fare would be. The purchase | The boys first team of the North seen. | partment that permits the deduction of | price of an automobile, even when used | Shore Country Day school lost a return That is what people who | automobile registration fees, drivers' | wholly in business, cannot be deducted game with the Harvard school, Friday, have shopped everywhere licenses, and personal property taxes |from gross income. It is a capital ex- 33 to 11. The North Shore team which PP y | 'rom the gross income in computing | penditure, deduction of which is ex- had earlier lost a close game with Har- tell us about our upholstered federal income tax, is a regulation with |pressly disallowed by the revenue act. |vard, found the smaller gym very much furniture every day. which many motorists are not fam- | The five per cent tax which attaches | less to its liking. iliar. to the sale of an automobile cannot be fr I-------- | "If all motorists would avail them- |deducted by the purchaser, because it | Mr. and Mrs, James W. Harris of sclves of this privilege," says Charles |is a tax levied on the sale by the man- Long Beach, Cal, are returning to M. Hayes, president of the Chicago ufacturer, and must be returned and | Winnetka March 7. They will be the Motor club, "the saving would amount [paid by him. The manufacturer may | guests of Mrs. Harris' mother, Mrs. to $13,000,000. reimburse himself in the amount of the | David S. Lasier, of 731 Lincoln ave- "An interview 'with Mabel CG Rein=jtaX by agreement with the purchaser, | nue, until they find a permanent abode. J a [ecke, collector of Internal revenue in [IN manner Drescriped by 1 Teasury Teg O\a @ A Chicago, establishes the following |ulations. ' h iF as ihe puts EE oe In the event of a collision between a WTR i, » facts: Garage bills, gasoline bills, re- eT her ax as oF ad Of the COS truck and an automobile used for plea- 'Has VQ Te n 5 pair bills, etc., may be deducted as busi- gt mr.of theiattontob e .__ |sure or convenience, the owner of the ! or PE \ ness expense when the automobile is | An automobile license fee is re-|truck may claim a deduction for dam- df = | need wholly for business purposes; |garded as a tax, and may be deducted | ages, provided the truck was being used = | when used partly for business purposes {whether the automobile is used for |for business at the time of the colli- | the cost may be pro rated, and the part ' business or for pleasure or convenience. ' sion." Annual March THIS COMFORT- ABLE OCCASIONAL CHAIR with a soft down cushion is shown on our floor in a variety of coverings. A chair of this type is indispensable in every home today. The price is $29.00 You will find no better selection in any store from the Orient The Specially priced Shipment arrives just when you are planning your refur- nishing and enables you to save money in the beautifying of your home. Those who know Oriental rugs will recognize the very real savings on seeing these rugs. Every rug in this Sale has been personally selected by our buyer, Mr. S. K. Jorjorian, for 24 years an expert judge of fine quality and artistic designs. Choose early from a complete showing. Here are just a few f the many values: WELL BUILT 9 : Biddy L Bul Lilihans, 26x46 ...$ 24.50 Chinese, 11x17 ..... 695.00 CHAIR Anatolians, 3x5 .... 19.75 Lilihan, 10x18 ..... 650.00 of this type can be used in Dozar, 5x7 ........ 87.00 Antique Yezit, any room in the house. It Arak, 9x12 ........ 243.00 x18... 1,275.00 np Chinese, 9x12 ...... 29300 Royal Saruk, 13x25..2,975.00 $19.50 Many others at unusually low prices Brown-Umlandt Furni ' 1567 gitute Kou Fountain Square ; Evanston Tel. Univ. 6300 Evanston, Ill.

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