The Arvada enterprise., 1918-01-03

to File Thsm-oevsrnmen ofiieIaIs
viii Be In Every County to Assist
the Taxpayers.
Observation-Disclosures I pay an In
come taxi"
Thut is the question that thousands
Of Americans are asking. The answer
In a general way, lies In this state
ment:
Every unmarried person having q
net income Of $1,000 or more, and ev-
cry married person or head of fam
lily having an income Of $1,000 or more
must file a return. These returns must
be in the hands of the collector Of In
ternal revenue In the district In which
the taxpayer lives or has his principal
place of business between January ]
and March /, 1918
The man who thinks to evade this
tax Is making serious error. Revenue
officials will be In every county to
check returns. Failure to make cor
rect return within the time specified
involves heavy penalties.
met income" means gross income
less certain deductions provided for by
the act. The law defines income us
profit. gain, wages. salary, commits
siOns. money or its equivalent from
professions, vocatiOns. commerce.
trade. rents, sales and dealings in prop
erty. real and personal. and interest
from investments except interest from
government bonds. or state. municipal
township or county bonds. Incomes
from service as 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 Is 9 per cent
on net incomes above the amount Of
exemptions, which Is $1,000 III the case
Of q married person or head Of fam
lily and 81 1000 In the case Of single
person. A married person or head of
. family Is allowed an additional ex-
emption 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 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 10 based on some moral
or legal Obligation.
Debts ascertained to he 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.
omesrs - visit Every LEGALITY.
Notice Of their arrival In each local.
ity will be given In advance through
the press, banks and post Ofices. 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 IL
seeking to Impress upon perxons sub
ject to the tax the fact that failure to
nee this ofiicial In no way relieves
them Of the duty Imposed by law to
Ole their returns within the time speed.
6ed.
The government II not required ia
seek the taxpayer. The taxpayer Il
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 4 visit to
this oaicinl mny mean the avoidance
Of later dificulties.
The penalty for failure to make the
return on time II q fine Of not Less
than $50 nor more than $1,000. and
In addition 30 per cent Of the amount
Of the tux due. For making false
or fraudulent return. the penalty 10
q hne not to exceed $1,000 or not e.
ceeding one year's imprisonment. or
both. In the discretion Of the court. and
In addition 100 per cent Of the tax
svaded.
A. 70 the Farmers.
The number Of farmers who will pay
income taxes has not been estimated
BY the government oficials, but II 10
certain they will form n lnrge percen.
tagc Of the 0.O0O.OOO persons assessed
who never before have paid an income
tax. Tho average farmer does not
keep books hut II he nvniis himself of
the services of government experts
vino will be sent to aid him. Il will not
he difiirult for him to ascertain the
amount Of his net income.
The farmer II making out his return
may deduct depreciation In the value
Of property and machinery used In the
conduct IT his farm. and loss by Are,
storm or other casualty. or BY theft II
not covered by insurance. Expenses
actually incurred In farm operation
may be deducted. hut not family or Nv.
iag expense. Produce raised on the
farm and traded for groceries. wesring
apparel. ETC.. In counted ~ ltving q.
penditures and cannot no deducted.