The Beaver herald. [volume] (Beaver, O.T. [Okla.]) 1895-1923, 1918-02-07


-. TsgssysrL
'rrsff-v7o v7o1.--'N1f I pay a. 10
coras taTY
.a1t .s me qreTfiga 'tlsf fbOzss MS
~ Americans are ssxiaR. TIE answer.
81 q EsEefzl Nay. iles IN this sist.-
EleHf
EvsFT Eansrr.sd p.rzOn having a
net lbeDt1e Of 1900 o. more, and eg-
sry married perm Or head u fam
- b. slnz a. Income 81 gZOOO Or more
must lie a return. These returns must
- 10 the hands 81 tie collector % IN
fernsl rsysnne 30 the disirie; 10 which
the taxpayer lives or has bis principal
place 81 business between January
ard Iiareh ]. 1913
he nan who thinks TO sysde this
tar IA making q serious error. Revenue
officials vii be ia every county TO
check returns. Failure 70 make o cor.
rect return within the time specified
Involves heavy penalties
-Set income" means gross income
ls-ss certain deductions provided fnr by
the act. The law defines income -
profit, gsin. wages. salary. commits
siODs. money or - equivalent from
professions, yOcstiOnE. commerce,
trade. rents. sales and dealings In prop
cry. real and personal. and Interest
from Investments except interest from
government bonds. or state. municipal
township or county bonds. Incomes
from service az guardian. trustee or
executor; from dividends. pensions.
royalties. or patents. or oil and gas
wells. coal land. etc. are taxable.
Normal Rate Is Per Cent
The normal rate of tax In 2 per cent
on net incomes above the amount Of
exemptions, which IL $1,000 in the chse
Of a married person or head ~ fam
ily and 81 900 in the case OF single
person. A married person or head of
family II allowed an additional ex-
efnpilon Of 500 for each dependant
child n under eighteen years Of age
or incapable Of self-support because
defective. The taxpayer II considered
"a be the head ~ family II he In
actually supporting one or more per
sons closely connected with him w
blood relationship or relationship by
mnrrinRe or n his duty 10 support
such person II based on some moral
or legal obligation.
Debts nscertnlned 10 be worthless
and charged or within the year and
tnxcs paid except income taxes and
those assessed against local benefits
mr.. deductible. These and other points
OF the income tax section OF the war
revenue net win be fully explained by
revenue officers who viii visit every
county In the United Stntes between
January and March 10 assist tax
payers in making out their returns.
officers TO Visit Every Locality.
Notice Of their arrival In each local
ity viii be given In advance through
the press banks md post Offices. They
will be supplied with income tax forms
copies of which may he obtained also
from collectors Of internal revenue.
The bureau of internal revenue is
seeking TO impress upon persons sub
Jcct 20 the tax the fact that failure 10
see this official IN no way relieves
them Of the duty imposed by law TO
fle their returns within the time specl-
fed.
The government II not required 70
seek the taxpayer. The taxpayer Is
required 10 acek the government Per
sons in doubt NJ 10 whether they nre
subject 10 the tnx or not or as 20 how
20 make out their returns. will readily
undcrsinnd. therefore, that visit to
this official may mean the avoidance
Of later difficulties
The penalty for failure to make the
return on time ls fine of not less
thnn 500 nor more than $1,000. md
in addition 20 per cent of the amount
OF the tax due. For making fnlseJ
or fraudulent return the penalty ~
q fine not 10 exceed $1,000 or not cT.
cccding one years imprisonment, or
both IN The discretion of The court aud
in nddltion 100 per cent Of the tx
fyEdcd.
AZ 10 the Farmers.
The number Of farmers who will pny
Income taxes has not been estimated
by tho government officials, but ri is
certain they viii form large pcrcsn.
taRc of ne GOOOOOO persons asses3ed
who never before have peld an incqime
rox The average farmer docs mot
Keep hooks but II he nvnils himself of
dlp gprvicpg OF povorDuput pv{ ,prta