Tax savings for service personnel
Sweeney, William E.
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This paper deals with the field of personal income taxes with particular reference to the items of importance to service personnel in tfeife planning and filing of their annual federal income tax report. It was developed by the writer as an introductory study to the general understanding of corporate income tax problems in connection with financial aspects of a comptrollers position in industry. It has been mentioned by industrial figures who lectured to the Navy Comptrollership Group that the field of taxes is so important that more profits can be made by adequate planning than in any other aspect of business. In view of the many changes in the 1954 Income Tax Code, it appears quite possible that readers may discover savings or profits for themselves.