The Hickman courier. [volume] (Hickman, Ky.) 1859-current, 1919-03-13
PAY AND FILE
INC0 Me TAX
BEFORE MAR. IS
U. s. Internal Revenue Bureau
Gives Warning That Severe
Penalties viii Be Enforced.
WOMEN WITHIN LAWS SCOPE:
HOW THEY REPORT INCOME

The Income Tax drive comes 10 a
close on Saturday night March -
All payments and returns due on
that date under the provisions Of the
new Revenue Law must be IN the
hands OF local Internal Revenue Collec-
tors before their offices close that night.
The Income Tax is being collected 10
meet the war expenses. Every person
who shouted and footed his horn on
Armlstice Day j. now called upon 70
contribute his share Of the cost Of win.
ming TIE war
The laggards and the dodgers win
face severe fines and jail sentences.
The Internal Revenue Bureau an
nounces that its officers viii check US
all Up 10 see that every person who
comes within the scope OF the Income
Tax Law did his share.
Where 10 Pay and File.
Residents Of Kentucky should make
their returns and pay their taxes 10
the nearest OF the following: Josh 7.
Griffith. Greensboro. ]. Rogers Gore.
Louisville; Charlton r. Thompson,
Covington ElwoOd Hamilton, Le1ing.
ton John W Hughes, Danville
Payments sent by mail should be At
tachec 10 the returns and should be IN
the torn Of check. money order or
draft Cash payments By mail are sent
At the Taxpayers risk OF loss
II you are unable 20 make your re-
turn personally because Of illness, abb
sence or incapacity an agent or legal
representative may make your return
II there are any doubtful points as
10 your items OF income or allowable
deductions you should get IN touch nj
once with n Revenue officer or a bank
Pr for advice
Women Pay Tax.
Women are subject 70 all the require
meuts OF the Income Tax Whether
single or married. a woInans income
from all sources must be considered
II unmarried or n living apart from
her husband she must make her return
Tor 1918 II her net income was 81 900
or over
II married and living with her hus-
band her income must be considered
with the husbands In determining the
liability for n return. Their joint in
come. less the credits allowed by law.
Is subject 10 normal tax. The wife's
pet income Is considered separately in
computing any surtaI that may be due.
Husband and wife file Jointly. as a
rule. II ths husband does not include
bis wife's income In his return the
wife must file n separate return.
Severe Penalties
The new Revenue Law places severe
penalties on a person who fails TO
make return on time, refuses TO make
return or renders a fraudulent return
For failure 20 make return and pay tax
On time a fine OF not more than 81 90
Is named and % per cent OF the tax
Cue IS added 10 the assessment For
refusing wilfully TO make return or
Tor making a false or fraudulent re-
turn there Is a fine Of not exceeding
10000 and imprisonment OF not ex-
seeding one year. or both
Farners Income Taxable.
Every farmer and ranchman who
bad fair or a good year in 1918 must
teed the Income Tax this year. He
must consider all his income as tax
able. He is entitled 10 deduct from
BIS 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 live stock. either for re-
Yale OF for breeding purposes. is also
regarded as investment.
Overtime and Bonuses Taxed.
Salary and wage earners must con
slider as taxable every item received
from employers and from other
sources. bonuses and overtime pay
are 10 be reported as well rs the regu-
lar payments.
Allowances for Losses.
Losses sustained IN 1918 and not
covered by insurance are deductible
items II incurred In the taxpayers
business or trade. IN any transaction
undertaken for profit or arising from
fire. storm. shlpwreck or other casu-
atty or from theft