The Kadoka press and Kadoka reporter. [volume] (Kadoka, S.D.) 1910-1923, 1914-02-20
Income Tax
Information
TO ALL CONCERNED:


| desire to call the attention of
every person liable to the Federal In
come Tax to the necessity of making
sworn statement OF his or her in
come to the Collector of Internal
Revenue Oh or before the 1st day of
March, 1914. This is liability that
attaches TO every person, man of wo-
man. citizens Of the United States or
alien residents OF the country, with
net income of $500 or more tor
the last ten months of the year ended
December 81, 1918; and what is more,
it is u liability that attaches under
severe penalties for refusal to comply
with the law by making such a re-
port. No person is required to make
this report unless their net income
for the last ten months of the year,
1913, was, $4,000 or more.
MUST NOT WAIT.
! The Forms for return are now avail
able for distribution and will be sent
to all who apply tor them. A supply
of these blanks will also be sent t.
banKs for distribution TO their patrons
or request. 1t will not do for per-
son with a taxable income to wait un-
Ill an invitation is extended by this
Office before taking steps to obey the
law by obtaining blank form and pre-
pairing the required report. These
persons with taxable incomes who
neglect this responsibility will SUBJ
| iect themselves 10 the penalties of
! the law, and it will not be In order for
them subsequently To plead that they
were not asked to file return.
DUTY AND LIABILITY.
My deputies will carefully canyas
the districts under my jurisdiction.
They will keep up the canvas even
after the lsI of March, 1914 and they
will have ample authority to get the
information they seek. These tax
able persons located after that date
will have failed to obey the law, and
will be liable to its penalties. Let
me mention these penalties for the
informaaion of the public. The pen-
atty fol failure TO file return of In
come within the time specified by
law is from $40 to 81 900. In the case
of refusal or neglect to render the re-
turn within the required time, SO per
cent will be added to the amount of
the tax assessed In the case of
/ g,l. g.,
will he added to the tax, and any per-
son found guilty of such with intent
to defraud or evade the law will be
liable TO fine not exceeding So, 900,
or imprisonment not exceeding one
year, or may be both fined and inn
prisoned. | request the cooperation
of the public, and have called atteh-
ton to the penalties provided by law,
not because expect attempt to evade
the statute, but they all may under
stand their duty and liability.
ASK FOR INFORMATION.
Let me emphasize that neglect or
refusal to file return will be penal
lied. In other words, the law puts
the responsibility up to the individual
and the Government will hold the in
dividual to account. While no return
will be required of a person with net
income of less than So, 500 from March
! /, 1913, to December 81, 1913, inclu-
sive, still that person should be sure
to this right of exemption and de-
duction in determining what is net
income. In brief il is better to seek
information from this office than to
run the risk of violating the law. Any
! individual will be instructed as to his
or her rights, and should seek instruc-
ton either in person or by letter.
CORPORATIONS TOO.
Corporations must also have their
reports for the calendar year begin
ming January /, 1913, and ending De-
cember 81, 1913, in the hands of the
collector on or before March 1. 1914.
! Under the new law corporations are
allowed to designate the end of any
month in the year as the end of their
| fiscal year for which to make reports.
by giving the collector notice thirty
days prior to the end of the month
they wish to designate as the end of
their fiscal year, but for 1913 corpora
ton reports must be made for the cal
endar year beginning January and
ending December 81, 1913.
1t is hoped that thorough canvas
OF this district after the first of March
will fail to disclose any who have not
con- piled with the requirements or
the law.
Respectfully,
James Coffey. Collector,
niCtrint of No X, Co nol~