Okolona messenger. (Okolona, Miss.) 1900-current, 1919-03-13
Pay AnD FILE
INCOME TAX
EEfORE MAR. IS
U. 6. Internal Revenue Bureau
Gives Warning That Severe
Penalties WIN 90 Enforced.
WOMEN WITHIN LAWS SCOPE;
HOW THEY REPORT INC0@E

ItbNI lIlIl I'LL VII NSS"~
The Income Tux drive comes 10 a
cinsc On Saturday night. March %
The payments and returns due on
thnt dnle under the provisions Of the
new Revenue Law must bc IN the hmids
of local Internal Revenue Collectors
before their Offices close that night
Tie Income Tax Ia being collected to
meet the war expenses. Every person
who shouted and footed his horn On
ArnIstice Day is now called upon to
contribute his share Of the cost OF win
ming the var.
The laggards and the dodgers VIII
face severe fines and Jail sentences.
The Internal Revenue Bureau an
nOunccs that Its officers Will check MS
all up to see that every person who
comes within the scope of the Income
Tax law did his share.
Where to Pay and File.
Residents of Alabama and Missis'
sippl are required to make their re-
turns and pay their taxes to John ID.
Mcneil, Collector Of Internal Reve-
nue., Birmingham, Ala, or to any Of
his deputy collectors who are now do
ing free advisory work on Income Tax.
Payments sent by NATL should be at
tached to the returns and should be in
the form of check, money order or
draft. Cash payments by mail are
sent at the taxpayers risk of loss.
If you are unable to make your re-
turn personally because of illness. alb
sence or incapacity an agent or legal
representative may make your return.
If there are any doubtful points as
TO your items of income or allowable
deductions you should get in touch ut
once with n Revenue officer or bank
er for advice
Women Pay Tax.
Women are subject to all the re-
quirements of the Income Tax Wheth-
err single or married, womans income
from all sources mist be considered.
If UNMARRIED or if living apart from
her husband she must make her return
for 1918 if her net income was $1,000
or over.
If married and living with her hus-
band her income must be considered
with the husbands in determining the
liability for return. Their joint in
come. less the credits allowed by law,
is subject to normal tax. The wife's
net income is considered separately in
computing any surtaX that may be
due. Husband and wife file jointly, as
a rule. If the husband does not in
clude his wife's income in his return
the wife must file separate return.
Severe Penalties.
The new Revenue Law places severe
penalties on n person who fails 10
make return on time, refuses to make
return or renders fraudulent return.
For failure TO make return and pay
tax on time fine of not more than
81 900 is named and % per cent of the
tax due is added to the assessment.
FOR refusing willfully to make return
or for making false or fraudulent re-
TURN lleIc 10 Il HllS VI HOl OANSCNilS
$4,000 and Imprisonment of not ex-
ceeding one year, or both.
Farmers Income Taxable.
Every farmer and ranchman who
had fair or a good year in 1918 must
heed the Income Tax this year. He
must consider all fis income as tax
able He is entitled to deduct from
Ms gross income all amounts expended
in carrying on his farm. The cost Of
farm machinery, farm buildings and
improvements cannot be deducted. The
cost of 1--we stock, either for resale or
for breeding purposes, is also regarded
as investment
Overtime and Bonuses Taxed.
Salary ana wage earners must con-
slider as taxable every item received
from employers and from other
sources. Bonuses and overtime pay
are TO be reported as well as the resl-
lar payments
Allowances for Losses.
Losses sustained in 1913 and ne.
covered BY Insurance are deductble
items il incurred in the taxpager5
business or trade, in any transac,or
undertaken for profit or arising from
fire, storm, shipwreck or other casu-
atty or from theft.