Iron County register. [volume] (Ironton, Iron County, Mo.) 1867-1965, 1918-01-24
No Way 70 EVADE
THE INCOME TAX
EVERY GOOD AMERICAN EARNING
FAIR LIVING WILL HELP TO
PAY EXPENSES OF WAN.
RETURNS DUE BEFORE MARCH

Heavy Penalties Provided for Failure
70 File rhem-covemment Officials
viii Dc In Every County 70 Assist
tho raxpayera
Neutrality-suspicious. pay an In
come taxS'
That is the question that Thousands
Of Americans are asking. The answer.
In . general way. lies IN this state
ment:
Every unmarried person having Q
net income Of $1,000 OF more. and ev-
Dry married person Or head Of Q fam.
lily having an income Of $1,000 or more
must Ale q return. These returns must
b In the hands Of the collector Of In
teEaal revenue In the district in which
~ taxpayer lives or has his principal
place Of business between January l
and March !. 1918.
The man who thinks to evade this
tax 10 making q serious error. Revenue
sfncials win bs in every county to
check returns. Failure to make a cor
rect return within the time specified
involves heavy penalties.
met income" means gross income
less certain deductions provided for by
tho act The law defines income as
profit. gain, wages. salary. commits
sions, money or its equivalent from
professions, vacations, commerce.
trade, rents, sales and dealings in prop
srty. real and personal, and interest
from Investments except interest from
government bonds, or state, municipal
township or county bonds, Incomes
from service a. guardian, trustee or
executor; from dividends, pensions.
royalties, or patents. or oil and gas
wells, coal land, ETC.. are taxable.
Normal Rate 10 2 Per Cent.
The normal rate Of tax IL 2 per cent
on net incomes above the amount Of
exemptions, which IL $4,000 in the case
sf q married person or head Of q fam
ny and $1,000 In the case Of q single
person. A married person Or head Of
4 family Ia allowed an additional ex-
smption Of $500 for each dependant
child II under eighteen years Of age
Or incapable Of self-support because
defective. The taxpayer Is considered
to be the head Of q family II he 10
actually supporting one or more per.
sons closely connected with him BY
blood relationship or relationship BY
marriage, or II his duty to support
such person is based on some moral
or legal obligation.
Debts ascertained to be worthless
and charged of within the year and
taxes paid except income taxes and
those assessed against local benefits
are deductible, These and other points
Of the income tax section Of the war
revenue act will be fully explained by
revenue officers who will visit every
county In the United States between
January 2 and March / to assist tax
payers in making out their returns.
Officers 70 Visit Every Locality.
Notice Of their arrival in each local
ity will be given in advance through
the press, banks and post Offices. They
will be supplied with income tax forms
copies Of which may be obtained also
from collectors Of internal revenue.
The bureau Of internal revenue 10
seeking to impress upon persons sub
5ect to the tax tho fact that failure to
see this official In no way relieves
them Of the duty imposed by law to
6le their returns within the time speci.
6sd.
The government Is not required to
seek the taxpayer. The taxpayer 10
required to seek the government. Per.
sons In doubt as to whether they are
subject to the tax or not or az to how
to make out their returns, will readily
understand, therefore, that q visit to
this oficial may mean the avoidance
Of later difficulties.
The penalty for failure to make the
return on time Is a fine Of not less
than $50 nor more than $1,000. and
In addition so per cent Of the amount
Of the tax due. For making a false
Or fraudulent return, the penalty 10
q hne not to exceed $1,000 or not ex-
ceedlng n years Imprisonment, or
both. In the discretion Of the court, and
In addition 100 per cent Of the tax
evaded.
A. to the Farmers.
The number Of farmers who will pay
income taxes hns not been estimated
BY the government officials, but It II
certain they will form n large percen.
tage Of the 100000 persons assessed
who eve before have paid IN income
tax. The average farmer does not
keep books but II he awaits himself Of
the services Of government experts
who will be sent to aid him. 1t will not
be difficult for him to ascertain the
amount Of his net income.
The farmer ia making out his return
may deduct depreciation In the value
Of property and machinery used In the
conduct Of his farm, and loss by fre.
storm Of other casualty, or by theft II
not covered by insurance. Expenses