The Denison review. [volume] (Denison, Iowa) 1867-current, 1917-10-24
YOUR Income ]
. :. TAX RETURNS
Considerable speeulationln In Crawford
County A. to What 20 Do In the s5 ss
Matter. Of Income Ak.
YOUR MUST FILE YOUR REPORT
Thirty Days From the Enactment Of
the Law Given In Which to
File your Report. "a

Thirty Days From the Enactment Of
the Law Given In Which to
File Your Report.
There has been considerable specu.
lation on the part of Crawford county {
people what to do about the matter OF
income tax returns. Since the mini
mum has been lowered to $1,000 per \
year for single men and $4,000 per 1
year for married men there are hum
dreds in Crawford county who are now
included who formerly never gave /
the income tax business more than Q
passing thought, and it il these who q
are up in the air and wondering Just
how they are to proceed. For the in-&
formation of these people the Review
prints the following instructions In
regard to the payment Of the tax and
the reporting Of the returns.
Notice to the public to make its tax
returns to the government under the
new war revenue law have been issued
by Internal Revenue Commissioners
Roper in an interpretative statement
of the laws operation. Warning Was
|ernment take the initiative in getting
in returns, although all returns would
be verified, and that everybody con
|cerned should communicate promptly
with the nearest revenue officer.
Persons failing to make returns.
Mr.. Roper announced, will be regarded
as tax slackers and penalties Will be
enforced against them. NIX Il
As outlined in the statement, the
following must make returns 70 the
government: "
All individuals receiving incomes of
more than $1,000 year.
All corporations, joint stock com
panies and associations. 5i
All distillers, rectihers, wholesalers
and retailers, holders Of distilled spir~
its intended for sale or to be used for {
manufacturing purposes. 5i3ssss. ss3 Il.
All dealers in fermented liquors or
malt liquors, wines, cordials. liQusuls,
domestic and imported. Y, s s-ss
All dealers in soft drtnkA table
waters and carbonic acid gaS.
All manufacturers Of and Na6eleRs
in cigars, cigarettes, t0bacc sn1&
land cigarette papers.
All carriers Of freight,
! passengers and all -operstUrg
lines. u 3,
AIN dealers in life, marine, iHlG1l.
fire and casualty Insurance..
All manufacturers and W6Q3614to
kind, musical Instruments, motion
picture films, jewelry, boats, sporting
goods. perfumes. cosmetic. medicinal
preparations, chewing gums and cam
eras. >s III.
All proprietors of amusement plac-
| es, including cabarets. AZ W. sss
All persons executing legal docu-
ments of any type.
All traders on produce or stock ex-
| changes and boards of trade III
All importers of merchandise.
All manufacturers or importers OF
playing cards. i'4sss
"The law makes it the duty Of ey-
cry person, film or corporation whose
possessions or incomes are taxable"
the statement continues, ito make
true and correct returns upon which
the tax may be assessed and collect
| ed. This information is of vital Inn
portance to every citizen because, not
withstanding that the bureau Of in
ternal revenue is the agency charged
with the administration of the new
law and the collection of taxes. 1t II
not regarded that the bureau Of In
ternal revenue shall find out and In
form persons, firms or corporations
of their responsibilities. Such per-
sons, firms and corporations must for
themselves make returns which In the
course of administration, the bureau
of internal revenue will verify.
Severe penalties are provided for
failure upon the part of any person,
| firm n
rect inventories and returns required.
"In the collection of the tax that
will apply to articles or, commodities
in stock on Oct 4, 1917, it is the plr-
pose of the bureau of internal revenue
to make through it's field force pre-
liminary inquiries of every person
liable to tax to ascertain his possess
sions in the way of taxable goods and
the amount of tax he. is liable to pay.
This preliminary inquiry will be CON-
Quoted over period Of probably =
week. N
within thirty days from the date
of enactment of the new law every
person, firm or corporation liable to
floor tax must file with the collector
of internal revenue true and cor
rect inventory. under oath, Of goods;
in his possession subject to this tax.
Attached to the inventory must be =
synopsis of the inventory and state
ment of the amount of tax to be paid
on the goods covered by the invens
tory. - !s.
This is known as tax payers re-
turn. Upon the basis OF this return
and an analysis of the information
disclosed by the preliminary inquiry
and the tax payers inventory, the
proper amount Of tax will be de-
termined." 49, B&8
"The river counties arc not the on-
ly ones where the voters voted as they
drink" says the Manson Democrat.