The Elbert County tribune., 1918-02-22


of trust or other securities issued by
individuals. partnerships. etc.
Interest on bonds, mortgages, deeds
of trust or similar obligations of cor
porations. joint stock companies or in
surance companies.
Interest on bank deposits. including
savings banks.
Income received from fiduciaries,
that is. amounts received from in
comes of estates, trusts. etc, through
trustees. administrators or executors
Dividends on stock. whether re-
ceIved as cash or stock. Only divi-
dends paid out of earnings or profits
accrued since March l, 1913. are tax
able.
Net partnership profits, whether d.
vided and distributed or not
Royalties from mines, oil and gas
wells patents. copyrights and fran
chises.
Heavy penalties are provided for de-
linquents. If you are late In filing
your return you are subject to fine
of not less than $50 nor more than
$1,000. and, in addition, 80 per cent of
the amount of the tax due. For max
ing false or fraudulent returns the
penalty is fine not exceeding S2.OoO
or not exceeding one years imprison-
ment, or both, in the discretion of the
court, and In addition, 100 per cent OF
the tax evaded. For failing to pay tax
when due, which is on June 10, 1918,
the penalty is an assessment of per
cent of the amount unpaid, plus l per
dtt~ NO
which 1t remains unpaid.
Government Keeps Check.
The man who thinks that failure to
make proper returns might escape un-
noticed is making n serious error. The
government has a checking system by
which it will be informed of delin-
quents.
The task of collecting the revenue to
be derived under the war revenue act
devolves upon the bureau OF internal
revenue. Revenue officers are visiting
every county in the United States to
assist taxpayers in making out their
income tax returns. The date of their
arrival and the location of their office
may be ascertained by inquiry of col
lectors of internal revenue. These
government experts will furnish you
with return forms and answer any
and all questions as to how they
should be filled out Their services are
offered without cost. You should re-
member, however, that failure to see
the official who visits your county does
not relieve you of the duty imposed by
law to file your income tax return
within the time prescribed. The tax
payer must seek the government, not
the government the taxpayer.
Every effort has been made to In
form persons subject to the tax of
their duty, and ignorance of the law
will not be accepted as an excuse. De
linquents need expect no lenlency.
If, on account of illness or absence
from home. you are unable to render
return within the time prescribed, you
may obtain an extension of thirty days
by filing with the collector of internal
revenue of your district request
therefore before March /. In this you
must state your reason why the return
cannot be rendered within the time
specified. Collectors are not author
lied to grant extensions of more than
thirty days, but this authority Is
granted the commissioner of Internal
revenue in meritor1ous cases. If such
extension is desired the request should
be addressed to Commissioner of In
ternal Revenue, Treasury Department,
Washington, ID. C.
Agent May Act for You
You may appoint an agent to act for
you II, by reason of illness or absence
from home. you are unable personally
to render your return. Your agent
must make affidavit that he has sufii-
cient knowledge to make return for
you and must accept responsibility for
and be willing to assume the penalties
for a delinquent, false or fraudulent
return.
The best advice that can be offered
TO taxpayers in connection with the
filing of their income tax returns is:
Don't delay" BY prompt action you
are cooperating with your government
In the greatest task 1t has ever under
taken, the defeat of German autocracy
and the establishment of n worldwide
and lasting peace. Every patriotic
American will pay these Liberty taxes
cheerfully and promptly. The man
who seeks to evade them is not only
dishonest, he is disloyal. When dis
covered, as he will be, he will be made
to suffer the full consequences.
Get In line early. Remember 1t is
cash now or kaiserism' later. Whether
you pay a tax of $40 on an income of
$500 or $475, $50 on an income of ST.
100000 you may rejoice in the knowl-
edge that your dollars are helping to
win the war.
WORkS E0R RANK I6d YEARS