The Courier News from Blytheville, Arkansas on December 23, 1952 · Page 13
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The Courier News from Blytheville, Arkansas · Page 13

Blytheville, Arkansas
Issue Date:
Tuesday, December 23, 1952
Page 13
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TUESDAY, DEC. 23, 1952 Your Income Tax Primer— ^J^VTJIRVH.I-E (ARK.) COURIER NEWS Here s How to Get Most Use From It • litre's flie first,df H-pa!u-sav- '•>•' articles of expert advice 'In M.A's J2th innital Income Tal P'rj.ticr, prepared by a top-notch .ex-crt. Thfs first chapter lell« you hoiv to une the Primer In conJ'Jllc- >ion will) (lie ofVfclal instructions to wind up with Ihe lowest tor reel tax— with minimum effort »nd maximum accuracy. BE STOP, TO CLIP AN1> SAVK all 14 chap- ,tcrs so you'll have them for Kady reference as you work on your return. Because of Ihe hundreds' of thousands of taxpayers who use Ihe Primer eacn year. Individual -_, 1^ nut ri«. can NOT be answered by j'iW newspaper or the author. • By RICHARD A. MULLENS . NEA Income Tux Expert • Campaign 'i promises to cut -faxes won't help John q/Publ'ic face this year's tax deadline. By March 16 a record number of tax layers are ex- nected to report more 'taxes than ever before in history. • That, plus today's phenomenal cost of living, makes it especially Important to take advantage of every legal tax saving. And this year It Is .especially Important to file a'' correct return because the newly re- 1 organized Bureau of Internal Rev- i enue has streamlined lit operations I »nd plans to audit more returns • than ever. ' : , To help you save every possible' t-x dollar and at Ihe same time file » correct return, The Courier News Is brlnirlriir you NEA's Ulh annual I:?ci>me Tax Primer. ; The Primer has 14 articles ex- plaining'all the tax problems of an average taxpayer hi simple, easy-to- read language. Many of the Important. difficult points are explained by drawings or solved by easily filled out charts. it also has a new article to fully explain the. lax break for unmarried "heads of house- Jjil'V" which Just became law in • • TAX KXI'KRT - Richard A Mullens (above), author of NEA's Income 'fax Primer, is a ton notch Washington tax authority who knows how to give expert advice to the average taxpayer in plain, every-day language'. He hus .been the income tax expert for NBA Service for the past three years. copies cari. be obtained from any Director of Internal Revenue's office or most banks. Third. Begin with Arthle 2 of the Primer, which tells who''must file and which form to use. and proceed through the articles, filling out the return as you go. Note how. the Primer refers you to certain parts of the official Instructions and then give* additional information and explanations to help you. There are two good reasons why January 75 Has A Special Meaning Jan, JS has a »p«oi«l mnnlnf for taxpayers who are required to file Declarations of Estimated Tax on their 19.JZ Income. If. your 1952 w»gt« exceeded S4506 plus SSW) for each of your exemptions, or If you had a ISiZ Income of 5100 or more from any source other ihaii wages subject to withholding, then you should have, filed In 1951 a Declaration nl Estimated T« on Form 1040- KS. .,,.'„ v . Tf you failed to file Hie re• quired estimate or If your estimated lax Is less thin 80 per icent (M per cent In the case of fa'rmere) of your final 155'i tax, a penally, may apply unleiu you file '» final tax'return and p»y any tax due by Jan. 15, 195J, or unless you file a revised estimate on Form 1010-ES and pay »ny Ux due by Jan. 15. 1053. If you do the latter, then your final re I urn Is not due until M?.rch IB. it's smart to fill out your return as soon as possible. If you wait till the last minute, you' may overlook one 'or more of the tax savings tips In .the Primer and, if you have « refund coming, the earlier you file the sooner you will get It. For anyone who does wait until the last minute, the deadline for filing this year Is midnight of March 16. This Is one day later , than usual'because March 15 falls on Sunday. 1943 1144 1M» l«2 FOREIGN TRADE - Above Newschart traces U. s. exports «nd imports In billions of dollars from 1937 to the present. Economic and military aid make up most of the gap between what the U. S. sells to foreign countries and what it buys. Accord- Ing to the National Industrial Conference Board exports art due to reach a total of about $2' billion in 1S52 and Imports som< $16 billion, which is an all-tirm, record. Boat Hits Mine, Eight Are Killed SAIGON. Indochina (li'i~A Navy a«nult boat carrying troops—most- ly Vietnamese—hit a mine and mnk j r on a canal near Qo Quao, 125 miles Spellman in Jaoan southwest of Saigon, French headquarters announced yesterday. PAGE THIRTEEN Eight, men were reported'killed 28 missing and 50 wounded. Read Courier News Classified Ads. (NEXT: Who mus( file?) .. . . ..... .^Here's how to fill out your return t.l'e IMmer way: • First, cut out and save each Primer article as It apears in this pacer. ( Second; Sit down with the articles, your Form w-2 and other records cf income.'and deductions, a copy of the 12-page pamphlet of official instructions and copies of -blank (HX returns, : • This year the Instruction pamphlet and blank forms were printed up together and mailed to all' taxpayers filing last year,. Additional NOTICE In Ihe Probate Court for the • Chlckasawtia District of Mississippi County, Arkansas. •'•"•'' •••'-". : IN'THE MATTER OP THE ESTATE OF M. L. t SWIHART, deceased No. 2,i5« Last known address of decedent: Leachville, Arkansas, or Box 77, Bradenton Beach. Florida. Date of death: December 7, 1952.' An instrument dated August • 36, 1952. was on the 13th day of December, 1952. admitted to probate as the last will of the above named decedent, and the undersigned has been .appointed executors thereunder. A contest of the probate of the will can be effected only by filing a petition within the time provided by Law. ' -. • • . . All persons having claims against the estate must exhibit them, duly verified, to the undersigned within six months from the date of the first publication of this notice, or they shall be forever barred and precluded from any benefit In the estate. This notice.first published 16 dsy of December, 1952. . Johnle:Lee Swihart. . Ruby Thurmond, ; ; Executors Leachville, Arkansas Oscar Fehdler, aity. Contracts For Little Rock Air Base in May LITTLE HOCK HV-TJ. S. D|. trlct Engineer Col T J Hnve aj the first construction contract" for the lio million dollar Jet bomber base n « ar here probably will be av:arded May 1. T iH?'' " nyes announced that the Little Roclc District of the Engineer Corp, hf , been allocated D 6 minion dollar, for. preliminary work on the permanent Air Force base. • on As gay young carolers' voices ring out to exult this day ... we extend our hearty greetings to you for i happy, Yuletidt season! Farmers Implement Co. B. F. Brogdon E . B . vVoodion 515 East Main TOKYO (/P) — Francis Cardinal Spellman arrived by plane yesterday and will fly to Korea tomorrow 'for nil second Christmas visit to U. S. divisions at the front. Coffee Tops NEW YORK (A °xncr7 ZllVe , C r export - coj(e« figures for the reported by the ment Trade Bure C sports — Is Illustrated by,; first half of 1»52; Brazilian Govern- au hart. At Thompson's Sure is Easy to Give Just What they Want *. A $29.50 *««1 Mnf riwu If, m<« •ltd t KICK INCIUDI F10. ,««.,, OIHI , <la , H , ,J^ „, „ CREDIT JEWELERS t-Z LOCAL CBfDlT rox LOCAL pfopie BV LOCAL PfOPll GIFTS We deeply appreciate th« loytl isiocia'tio'n's of our min'y friends whom we hive jervej during the past year »nd w« •Ktend ta oni uid ill "tht most friendly »nd hearty SEASON'S G R E E ,T 1 N G J OWENS DRUG th«, ^" nler Ra named after the British admiral Peter Rainier MERRY CHRISTMAS to All of You from All of Us

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