Block · one region of the page, as the scanner read it. It may hold a whole story, part of one, several, or an advertisement; stitching blocks into articles is the next step. Text is supplied OCR.
Page 6 · column 4 of 8 · from the scan, no model involved
Tax Questions
And Answers
Question: My daughter is going to help out in my store this summer. Do I treat her as any other employee for tax purposes? Answer: Yes, her*salary is subject to the same withholding requirements as your other employees if she is 21 or over. If she is under 21, then you withhold just income and not social security. The salary you pay your daughter can be treated as a business expense to the extent it is what you would pay a person not related to you for performing the same services. Question: Are wedding gifts taxable? Answer: The recipient of gifts is not subject to income or gift taxes. However, the giver may be liable for gift tax if gifts to one person in a single year exceed $3,000. Question: A mistake in my social security number held up my refund for weeks. Why is this number so important?
Answer: Because so many taxpayers have the same name, your social security number is the only positive identification 6f your account with IRS. Names change too, as marital status changes. Congress passed a law several years ago requiring
HEADQUARTERS
Orchard Chemicals
We maintain complete
inventories and will
deliver to your farm.
Top Quality Recommended Chemicals
Call us for professional recommendations and
program?
Rappahannock
Farmers’ Cooperative
Located in Rappahannock
Apple Packing1 House
Sperryville, Va.
Phone 987-2311
Everyone Can Shop
. at the Co-Op
89.5%