August 1, 1975
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* 1 Taxes Musi
I
Any income that you receive
^return, unless specifically exclti
originate from any source such j
One of the most important source
'V " T'VflllT^" Tn^-ITnT*';^ dK^"jl,".."' filTT"Tt
Gross income include but is n
trade or business, (2) Compen
fees, commissions, wages, etc., (,
in property, (4) Interest, (5) Divi
(8) Income from discharge of i
share of partnership gross incoi
All income you earn is taxable (
to a third party. The fair market
used to determine the gross inco
of property or services.
The nature of income generall)
^ properly as business income. In
income, regardless of source, is
Certain transactions resulting ii
do not give rise to income. Issuai
income to the corporation, nor
Contriibutors to capital by the o
whether a sole proprietorship, p
not considered income.
The borrowing of money throuj
transaction and therefore not incl
of the value of property is not inc
sale or other disposition.
The exchange of business prop
result in gain or loss in determi
It is incumbent upon the taxpa
and documentation to assure tl
income.
Belk's Plai
Belk of pane's Mall,
opening August 6, will feature
a new world of fashion,
representing more than five
years of planning and
marketing research.
"We have literally shopped
the country for ideas," said
Von Autry, the company's
executive vice president. "To
make this a total fashion
department store for the
people of the Winston-Salem
area, we conducted an
extensive study of the most
modern shopping center
department stores in California,
Texas, Arizona, New
Yrtflr WoeViifi/vfrkti
M. n, ?T aoiuiigiv/ll, i/.V.,
Baltimore and Atlanta.
One of the most outstanding
features of Belk of Hanes
Mall, saud Autry, will be a
glass elevator between the
lower and upper levels.
"There's only one other like it
in the Carolinas, and that's at
Belk of Cross Creek Mall in
Fayetteville," he said.
The elevator is located in a
skylighted, 35-foot high center
court, and is flanked by
glass-sided escalators. The
9 walls of this area are wormy
chestnut and compliment the
nearly half-mile of parkway
oak aisles which loop the
store.
The store's interior will
feature an extensive use of
t Be Paid L
ly Charles T. Byrd, C.P.A. |
must be reported on your tax
ded by law J The income may
as cash, property, or services,
^s of income for a businessman
mlpTMWTfc i ^vi avaflftfltoid fry ? ?
icnrsnctrbte year,
ot limited to: (1) Income from
sdtion for services, including
3) Gains derived from dealings
dends (6) Rents (7) Royalties,
ndebtedness, (9) Distributive
me.
0 you and may not be assigned
value on the date received is
me when received in the form
f decides where it is described
1 the case of corporations, all
business income.
n receipt of property or money
nee of stock does not result in
does sale of treasury stock,
wners, in money or property,
artnership, or corporation, is
gh a bomTfide loan is a capital
uded in income. Appreciation
ome prior to the realization by
erty for like property does not
_ mm
ining gross income.
yer to keep adequate records
le taxable recognition of all
is World <
warm woods, such as wormy
chestnut, oak and rosewood.
Fixtures have been customdesigned
for each area, as
have wall coverings, graphics,
lighting and carpeting. All
departments have been designed
so related merchandise
is located together for the
convenience of the customer.
"Customers don't like to
waste time searching a store
to put together a complete
outfit for thpmcpli/oc
? - ? >nviii0viTvg vi ill V11
children. They want it
together so they can assemble
Denture
problems? j
OraFix holds
dentures better because
it spreads better.
Tests prove OraFix* spreads better j
than the other leading denture j
adhesives ? cream or plastic.
Other adhesives can leave gaps
between dentures and gums. So <
food particles and air can get in
causing dentures to slip. But OraFix |
wot hot su u &wi nil oven uny
gaps. Rssult? OraRx seals and
holds dentures tight.
ORAFIX, EVERYDAY, FOR
THE SEAL OF CONFIDENCE.?
VI ** * ' ??
Winston-Salem Chronicle
by Naomi C. McLean, C*S
Business Writer
The outstanding secretary is
a good deal of a mind reader.
She knows almost instinctively
what the executive for whom
next.
By the time h^is ready for that
piece of work, she has
gathered the material he will
need.
The ability of a secretary to
identify with the executivegetting
to understand his
problems and realizing what
he is up against - is rated
somewhat a mind reader.
There are many qualities of
secretaries that executives
emphasize which are better
technical skills which include a
genuine mastery of English;
close attention to details; a
steel-trap memory; absolute
loyalty to the company; and
initiative, including the rbility
to gather and . organize
material and to take care of
routine matters.
Some of the undesirable
traits of secretaries that annoy
executives are lack of an
understanding of office etiquette;
: applying makeup
in the office; inappropriate
clothing, poor grooming,
heavy perfume; clockwatching,
tardiness; excessive
if Fashion
their purchases quickly and
easily. We took special pains
to design this store to make
shopping the most convenient
possible."
The largest family - and
management-owned retailing
organization in the country,
ICUST
IN 2
|| The Win
I 2208 Pattei
V
absenteeism; carelessness,
forgetfulness, and inability tc
get along with other employees.
~
The-worst ^trait of executives,
some secretaries say, is
the synthetic fifteen-minutesto-five-object^"'
however most seeretancsTeel
comnlfm^ntpH tUax,
_ ? ^ A a w a l V A 1W ^ il 1 VT
asked to stay overtime in a
genuine crisis, but they resent
having to work after regular
hours when that work is
caused by a disorganized
executive who dawdles all
afternoon and then calls in his
secretary just before the office
day regularly ends and tells
her that he has a mass of
last-minute dictation of letters
which "must go out tonight."
THE CONTAI
JOS. SCHLIT2
IS SI
GENERAL
_ This is an_excellentopporti
, .start in the growth of our
: construction in Winston-Sale
The General Inspector per
quality characteristics at var
inrA^OCr I
I'fiwvaa assure' tuniorm?
'established by the Quality C<
gauges and instruments the I
linprocess and ^finished p
production personnel of spec
1 Applicants should have
experience in inspection,
(manufacturing environment a
devices and instruments. Ap
travel to Milwaukee, Wiscon
fpaid-Training Program.
I Excellent Wage
I Attractive World
I interested parties should co
Winston-Salem Employment
Street, Winston-Salem, N.C.,
|4:30 p.m. Applications for thi
the Brewery.
I E(
(UW AVA1J
idMtH
Carii
OM-DESIGNED CAR
JETS Of 500 Oft 100
ston-Salem Chro
son Ave* Phone:
... -1*.
Page 11
i It has been well discovered
> when secretaries are properly
matched with executives on
the basis of temperament as
x._melL as jotLreqiiirements, the
secretaries will ^grow and
become more helpful as they
jgain experience. The right
superior of heavy work loads
and thus gives him more time
to devote to planning.
organizing, and developing
both himself and the company
of which he is an executive.
It also cannot be stressed
too much and as a reminder to
executives to regard their
secretaries as real co-workers,
and not someone who does
routine correspondence and
filing. ?
NER DIVISION
5 BREWING CO.
CEKING
INSPECTORS
inity_to_become involved from
new can plant currently under
tm.
forms the required inspections of
ious points in the manufacturing
ince with product specifications
mtrol Department. Using various
Inspector verifys standards on all
rocess materials and informs
:ific quality problems,
a minimum of two (2) years*
preferably in a high-speed
nd be familiar with various testing
inlinofilc * ?
'|/uvc?iaia niuai illbU DC Willing tO
sin Jor a two (2) month company
and Benefit Package
ing Schedule
ntact Ms. Shirley Goodman at the
Security Commission, 630 W. 6th
Monday through Friday, 8 a.m. is
position will not be accepted'at
)E M/F
LAfitElM!
H REDUCED !||
COST! ]|
"Stop by our office^
: and look through ;!?
our catalog
OS I
722-8624 ijf