The Southern herald., 1918-01-11
Matter That Every Ansii,,
Called On to DetermII.
Without Delay.
MARCH 1LIMIT FOR REM
Failure to File Them Involve.
Penalties-Taxpayers VIII /.
sisted by Treasury otftisI.
Every County

TOT every American subject to
come tax division Of the war
act to figure up his income VI
his return. If he is unmsfFa
has net income of $1OOOor
If he Is married or the head Of
lily and his net income ID IA
more, he must pay the tax
turn must be in the hands q
lector of internal revenue In H
trict In which the taxpayer
has his principal place Of bush
fore March /, 1918.
The man who thinks to eva
tax is making a serious error.
officials will be in every col
check returns. Failure to nah
rect return within the time
involves heavy penalties.
met income" means gross
less certain deductions provide
the act. The law defines ine
profit, gain, wages, salary, 4
sions, money or its eQulvale'
professions, vocatlons, col il
trade, rents, sales and dealings s
erty, real and personal, and
from Investments except intere 4
government bonds or state, mu estO
township or county bonds.
from service as guardian, tFu
executor; from dividends, p a
royalties, or patents, or oil q III
wells, coal land, ETC., are taxaba aoea i
Normal Rate Is 2 Per Cent na q
The normal rate of tax is 2 y
on net incomes above the ams ,..-
exemptions, which is $1,000 in 81
of a married person or head Of
lily and $1,000 in the case Of
person. A married person or
a family Is allowed an addlha
emption Of 5000 for each dep
child If under eighteen years
or incapable of self-support
defective. The taxpayer is cons nj
to be the head Of family i
actually supporting one or n0i'
sons closely connected with hh
blood relationship or relations
marriage, or If his duty 70
such person is based on some
or legal obligation.
Debts ascertalned to be W
and charged off within the y
taxes paid except income tai
those assessed against lOca
are deductible. These and olns
Of the income tax section Of =,
revenue act will be fully exp =
revenue officers who will NA .s,... I,
county in the United States
: January 2 and March to y |..
| payers in making out thelr
) Officers to Visit Every y entail
Notice Of their arrival ln q
lty will be given in adyanc
the press, banks and post oia
} will be supplied with incOne e
copies of which may be o0lil nsenanlI
, from collectors of internal 7 eaniaaa
I The bureau Of internal \
seeking to impress upon ps gn'pR
} ject to the tax the fact tna1 aaQn
see this official in no Wy W ne
them Of the duty imposeo Z Nea's'a
rile their returns within the enaIaz
fed.
The penalty for failure g
return on time is a fine =
than 500 nor more than
In addition so per cent Of 2
J.. Of the tax due. For mAAs
, or fraudulent return, the
: i,ne NOT to exceed s2O@ S.
: ceedinR one years lmpn
both, In the discretion Of tn' nsd
in addition 100 per cent
evaded. nst
AZ to the Farmsa
y The number of farmers Y 'e .zRs
income taxes has not ~
BY the government oilclse
certain they will form 7.
tage of the 100000 Perso.s
) who never before have pss
d tax. The average farnsl
t keep books but If he aValh paa
l. the services of goveraa,.ss'
y who will be sent to ald ~.
7, be difficult for him 70 e
II amount Of his net incone
i The farmer is making Vs
may deduct depreciatO.a. =.
of property and machlneso m
!. conduct Of his farm, eng
u Storm or other casualty &
. NOT covered by insuranos
IS actually incurred in fam
e NAV he deducted, but mol
u Ing expense. Produce
O. farm ana traded for grot
Il apparel, etc. IS counIso
y p.ndltures and cannc'