The Arvada enterprise., 1919-01-23
BETTER FIGURE UP YOUR
INCOME AND BE READY
Denver, Colorado,
Jan. 90, 1919

"Ihe big income Tax drive of 1919
Is now unaer way, and every prepar-
alton is being made to handle the lar
EeSt collection IN the history of in
come Tax l am not waiting for
the final passage of the new revenue
bill by Congress" said Collector
Mark A. Skinner today, "nor for tho
new regulations and blank forms to
be issued. 10 get this big tax in and
get 1t accurate and complete, urge
that we all begin now"
"The income tax obligations i'm
posed by the old laws, as well as the
measure now in Congress consists of
two distinct operations, One is, to file
return Or statement of all items of
income and items of deductions al
lowable by law, and to do this within
the period named in the law. The
other is, to pay the tax, il any is due.
Neither of these obligations can
be met without careful review of
your income and expenditure for
the tax year. That is the big job right
now, and that is why say the income
tax drive is already under way.
Everywhere the pencil is busy. The
old year is done; all its fruits are
CLEANED; and every person who
Jared well, or earned good COM
petence, must analize his own case in
cold figures.
when the new bill is enacted into
law, | will have the proper return
forms distributed throughout the
prissict, and everybody will be in
formed of the date when the sworn
return must be filed. 1t is my plan
to send my men out to central To-
cations, and to have them travel
through the District, aiding tax
payers in the preparation of the re-
turns and in deciding doubtful points
We will go right to the people with
the income Tax, and with the co.
operation which the public can give
the government men, the returns
will be filed by everybody who
comes under the laws provisions, the
right taxes will be paid, and the
District will have done its full pat-
riotic duty toward the governments
support.
Meanwhile, let me say again,
there is no need of delaying the pre-
paration of figures. Anything that
Congress does now will not affect
the amount of a persons earnings for
1918. Let us avoid the belatcd throw
ing together of figures that may hit
or miss. Guessos cannot be accepted
MS the basis of taxation. II is clearly
the duty Of every person to compile
correct figures and ascertain whether
his income for 1913 was sufficient
to make it necessary II sworn return.
"The year 1913 was n banner year
for salaries and wages, and the high
war prices brought unusual profits
to the average small tradcsman and
20 the farmer. The opinion in Wash
ington is that million citizens and
residents will make this year their
first income tax returns.
"All signs indicate that the income
tax this year will reach nearly every
working men. woman, and nearly
every MERCHANT, shop keeper and
farmer. Not all will have TO pay the
tax, but nearly all will be obliged
10 make sworn statement Of the
years income.
II am therefore advising every
unmarried person who earned $1,000
or over during the year 1918, md
every married person, who together
With wife and husband, earned
$4,000, to sharpen his pencil and
figure out how he stands.
"iIc must ascertain accurately his
rross income from all sourccB.Thcrc's
his salary or wages, including over
time pay and any bonus received ns
additional compensation. a married
person having children under l8 who
nrc working would include the earn
ings of such children.
If he sold any property mt profit,
tn, gain mus. be computed and IN
cludcd In gross income. lf he rented
hny property TO other persons. thc
total rents received in the year must
bo nsccrtnincd, and from that figure
deduction may be taken. for taxes
paid on rented property. the neccs'
sary minor rcpnirs. fire insurance.
nny interest he mny have paid on
MORTGAGE, and reasonable allow
ancc for annual wear nnd tenr OF the
rented property. The balance IN In
ri,,d.J In yroz4 uArOluv for thr year.