The commercial. (Union City, Tenn.) 190?-193?, 1919-03-07
PAY And FILE
INCO NE TAX
BEFORE MAR. IS
U. S. Internal Revenue Bureau
Gives Warning That Severe
Penalties Will Be Enforced.
WOMEN WITHIN LAWS SCOPE;
HOW THEY REPORT INCOME

The Income Tax drive comes to q
close on Saturday night, March 10.
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 Collectors be-
fore their offices close that night.
The Income Tax is being collected to
meet the war expenses. Every person
who shouted and footed his horn on
Armistice Day is now called upon to
contribute his share of the cost of win
ming the war.
The laggards and the dodgers will
face severe fines and Jail sentences.
The Internal Revenue Bureau an
nounces that its officers will check us
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 Tennessee are required
to make their returns and pay their
taxes to Edward B. Craig, Collector of
Internal Revenue, Nashville, Tenn, or
to any of his deputy collectors who
are now doing free advisory work on
Income Tax.
Payments sent by mail 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, abb
sence or incapacity, an agent or legal
representative may make your return.
II there are any doubtful points as to
your items Of income or allowable de-
ductions, you should get In. touch at
once with Revenue officer or a bank.
er for advice.
Women Pay Tax.
Women are subject to all the require
ments of the Income Tax. Whether
single or married, a woman's income
from all sources must be considered.
If unmarried, or If living apart from
her husband, she must make her re-
turn for 1918 If her net income was
81 900 or over
If married and living with her hus-
band, her income must be considered
with the husbands in determining the
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
any surtax that may be due.
Husband and wife file Jointly, as
rule If the husband does not include
his wife's income In his return, the
wife must file separate return.
Severe Penatie~
The new Revenue Law llaces severe
penalties on person who fails to
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 $1,000
Is named, and % per cent Of the tax
lue is added to the assessment. For
wilfully TO make return, or
FOR making a false or fraudulent re-
turn there Is fine Of not exceeding
$4,000 and Imprisonment Of not ex-
ceeding one year, or both.
Farmers Income Taxable.
Every farmer and ranchman who
lad fair or GOOD year In 1913 must
need the Income Tax this year. He
must consider all his income as tax
lble. He is entitled to deduct from
lis gross income all amounts expended
n carrying on his farm. The cost of
arm machinery, farm buildings and
cannot be deducted |
The cost of live stock, either for re-
!ale or for breeding purposes, is also
'egarded as investment.
Overtime and Bonuses Taxed.
Salary and wage earners must con.
ider as taxable every item received |
rom employers and from other
ources. Bonuses and overtime pay |
re to be reported, as well as the regu-
ar payments.
Allowances for Losses.
Losses sustained in 1918 and not Gov
red by insurance are deductible items
incurred in the taxpayers business
r trade, in any transaction under
aiken for profit, or arising from fire,
torn, shipwreck or other casualty, or
rom theft.