Indianapolis Times, Volume 45, Number 259, Indianapolis, Marion County, 9 March 1934 — Page 19

MARCH 9, 1934.

EXPENSE ITEMS DEDUCTIBLE FOR U. S. TAX GIVEN Business Expenditures on List Must Be ‘Ordinary and Necessary/ ■With th* d*a<flin# fur th# flllni of f*der* Inrom*- tax r(>rna **t for March 1% Tbr Tlium U pnhlihlnt • atrtei of Ifticl* on the *ubfert to acquaint the X*\p<i\+r with hl ohlifatlon* under the law. fhi U th# fourth article.) One of the largest Items allowed for deduction from the gross income is for business expenses. fiuch deductions must be for ordinary and necessary expense in connection with the maintenance and operation of one's business or business proi>erties. Ordinary and necessary expenses are only those which are usual ana essential and do not include extraordinary and nonessential expenses. Some Typical Expenses Typical business expenses of a mercantile establishment are amounts paid for advertising, hire of clerks and other employes, rent, light, heat, water, stationery, stamps, tel- phone, property insurance and denvery expenses. The expenses of a manufacturing business include labor, supplies, repair* power, selling costs, administration and other similar charges. The farmer may include all amounts paid in the production, harvesting and marketing of crops. This includes labor, cost of seed and fertilizer used, cost of minor repairs to farm buildings and small tools used up. A taxpayer may conduct more than one business and claim business deductions of each. Special Deductions Listed Special deductions for professional persons have been set out by the Internal revenue department. Ali the necessary expenses incurred in the pursuit of his business may be deducted by the professional man. These include the cost of applies used in his practice, office rent and the hire of assistants. Besides he may deduct the expenses paid in operation and repair of an automobile, based on the time it is used in making professioi al calls, or lor other professional purposes. ma:,\ physicians use their residei , s as both offices and rooms, the doctors may deduct as business 1 caucuses the rental value of the ro< V* occupied for office purposes, fi h, actually pays rent. MOD.'LS ON DISPLAY Ayres E hibits Curios From World Fair Exhibit. An old-: me carpet bag. a model of the lit tie old single wagon of the Victorian agf a complete scale model of a modern refrigerator car and ar, all-metal monoplane model are on display at L. S. Ayres <& Cos. in an pxhibit of models from A Cenot Progress “Xhibition. depicting the history of the railway express.

From KRESGE’S Muslin Dep’t . More than Seven GTXt Styles in vik. Jp/f BRASSIERES Diaphragm Styles X L Mae West Effects jf Form Fitting l 1 and others yF~7I There’s a style especially for your particular type of figure. Materials include all-over lace. Swan suede crepe and mesh. For brassieres, “Try Kresge's First.” XT" f ®' as slips JEf 69c Igr \ A serviceable good looking \ slip with true bias cut front \ and back and wide lace trim. Jf ■ ’f A Full 46 inches long. Bodice xj[ ; %\ or California top. In flesh, , \ tea rose or white. i,| / n Dainty 11 '/J i Lingerie M 4 A New “Sparkle Dot" Panties W?/\t7 'A k A and Stepins t|IJ 25c f KRESGE’S 5c to SI.OO Store Cnwr Waahiaftoa tai Pennsylvania Sic

FLORIDA'S PRETTIEST

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A “Miss America” in the making, it's easy to see, is lovely 15-year-old Mary Elsie Weems. She's shown at Coral Gables, Fla., after being adjudged “Miss Florida” at a beauty contest held at the Miami Biltmore hotel. PAROLES ARE GRANTED FIVE IN REFORMATORY Seventeen Are Refused Clemency by State Board. Five reformatory paroles were granted and seventeen denied by the state clemency board yesterday. A trio of youths sentenced from Jay county Feb. 8, 1933, to two-year terms for burglary were paroled and their fines remitted. They are William Zehring, Howard Tewell and Merrill Rockwell. They broke into a store at Redkey and were caught by the town marshal. Leroy Nunnamaker and George Rainey, sentenced for vehicle taking from Delaware county to from one to ten years, also were paroled. McGuffy Club to Meet Miss Barbara Mae Neubauer will give several readings and impersonations at the McGuffy Club meeting in Cropsey auditorium tomorrow. She is a pupil of Miss Marie Shaner.

GARNER STRONG DESPITE JOB OF VICE-PRESIDENT Roosevelt Often Consults With Veteran Leader on Weighty Topics. BY 9. H. BURROW Timr Wrller WASHINGTON. March 9—Jesters may speak of him as “Mr. Throttlebottom,” but the insiders say that John Nance Garner of Texas has more power than any Vice-President of recent years. They cite any number of recent incidents as proof that President Roosevelt is relying more and more on Vice-President Garner’s advice on congressional matters. Some even say that Mr. Garner is the actual majority leader in the senate. instead of Senator Joe Robinson of Arkansas. Whether or not this is true observers can not say. But they do know, as does every newspaper reader, that when Mr. Roosevelt is about to propose important legislation to congress he always calls in Mr. Garner, along with members of congress. Frequent White House Visitor John sat in on the tariff conference. He took part in the parley on veterans' legislation. Friends say that he is often kept after cabinet meetings, for as much as an hour at a time, to discuss matters of policy with the President. On one occasion, so reports go. he arrived for cabinet meeting before the Roosevelt ministers did, and the President had them wait a while, while lie finished his conversation with Garner. Knows His Politics Whatever may be his knowledge of economics, whatever his conservative or liberal tendencies, no one disputes the fact that “Cactus Jack” is an expert on congressional matters, as shrewd a politician as there is on the hill. His friend. Senator Tom Connally, also of Texas, when he put Mr. Garner’s name before the Chicago convention for the presidential nomination, said that in his opinion Mr. Garner, because of his thirty years’ experience, knew more about the inside workings of the government legislative as well as administrative than any man in Washington. President Roosevelt evidently has decided to get the benefit of this knowledge.

NO FAILURES REPORTED AMONG INSURED BANKS Plan Has Been Effective Since January, Official Reminds. R,m f'nitrd Press WASHINGTON, March 9. —No bank participating in the government’s insurance plan has failed since the plan went into effect, Jan. 1. Leo T. Crowley, chairman of the Federal Deposit Insurance Corporation. said today. “This absence of failure among institutions whose deposits are insured,” Mr. Crowley said, “is in striking contrast with the experience of previous years. During the twelve months ending and including 1933, the average number of banks which failed in the United States for the combined months of January and February was 204, involving an average of $79,647,916 in deposits.” NORTHEAST CIVIC CLUB WILL MEET TONIGHT Booster Session to Be Held at Church; Entertainment Planned. The Northeast Civic League will hold its first annual booster meeting tonight at 8 in the Ebenezer Lutheran church, Sutherland and Eastern avenues. The Troupers will give a play. A short business session will follow the entertainment. A. J. Wingenroth, president, will preside. 821 ST AERO SQUADRON WILL HOLD REUNION Fliers Will Meet for First Time Since World War. Members of the 821st aero squadron will hold a reunion and “get-to-gether” tonight at 8 on the mezzanine floor of the English. The meeting is called by Martin W. Flum. It is the first meeting since the World war. COOKS’ UNION TO MEET Committee Named to Confer on Restaurant Code. Cooks, waiters and bartenders union. Local 437. will meet in their new quarters at U 9 East Ohio street, at 8:30 tonight. President Alonzo Carter has appointed a committee to meet with the Indiana State Restaurant Association and discuss code problems. 3s * " -XX Agm i Pi l I -—-.EASY! Spread on So-Lo Take an old knife and a can of So-Lo! Dig out a a chunk of So-Lo and ■iaJSdfli spread it on the sole like suwtaoooot butter. Next morning it’s dry and tough! Neat! ■ Waterproof! Non - skid! A " ears better than leather. IT- 1 So-Lo mends the sole car *uro thus heel, lc. Fixes most any■i I m thing—canvas, wiring, P-sX/v-fll handles, galoshes, rubber In vW~ I boots, etc. More than 247 other money-saving uses. Guaranteed Satisfactory iunm coons m y[ one y Back Ask for So-Lo at ajiv Hardware or AwTH fin 5 and 10c store.

THE INDIANAPOLIS TIMES

V \ i and Easterl Not for. several seasons Everything That's New and Smart! I • Bellows Back Suits! • Sports Suits with • Wraparound Top- • Pinch Back Suits! Leather BMaasl . BataLaan Top. • Drane Suits single • New Plaids, Checks, coats! • C& a,S ° Plam :S|t y Ye P C’ |j SB single or double # tans * Belted Back Top- • Sports Suits with mixtures! • Topcoats with InPleated Trousers! • Sizes to Fit All Men! verted Pleats! , limm HHi

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