Hermanner Volksblatt. [volume] (Hermann, Mo.) 1875-1928, 1919-03-14
PAY AID FILE
INC0 NE TAX
BEFORE MAR. Is
U. S. Internal Revenue Bureau
Gives Warning That Severe
Penalties Will Be Enforced.
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
tl,at 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 to
meet the war expenses. Every person
who shouted and footed his horn on
AYmistice 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 It's 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 Missouri are required
to make their returns and pay their
taxes to George Moore, st. Louis, or to
George +. Crutchley, Kansas City, col
lectors of Internal Revenue, who are
now doing free advisory work on In
come Tax.
Payments sent by mail should be at
tacleG TO the returns and should he 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 rs
to your items of income or allowable
deductions you should get in touch ut
once with a Revenue officer or q bank.
er for advice.
Women Pay Tax.
Women are subject t. all the require
ments of the Income Tax. Whether
single or married, Il wOman's income
from all sources must 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
ct over.
If married and living with her hus.
band her income must he considered
with the husbands in determining the
liability for a return. Their joint in.
come. less the credits allowed by law,
is sub.iec. to normal tax. The wife's
net income Is considered separately in
computing any Surtax that may be due.
Husband and wife file jointly, rs q
rule. If the husband does not include
his wife's income in his return the
wife must file a separate return.
Severe Penalties.
The new Revenue Law places severe
penalties on n person who fails to
make return on time, refuses to make
return or renders Il fraudulent return.
For failure to make return and pay tax
on time Il fine of not more than S1,0OC
is named and % per cent OF the tax
cue is added to the assessment. For
refusing willfully to make return OF
FOR making a false or fraudulent re
turn there is a fine of not exceeding
$4,000 and Imprisonment of not eX.
eeeding one year. or both.
Farmers Income Taxable. !
Every farmer and ranchman who
had a fair or a good year in 1918 must
heed the Income Tax this year. lie
must consider all his 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 live stock, either for q
sale or for breeding purposes, Is also
regarded as investment.
Overtime and Bonuses Taxed.
Salary and wage arner 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 regu.
lar payments.
Allowances for Losses.
Losses sustained in 1918 and moi
covered by Insurance are %deductihle
items If incurred in the taxpayers
business or trade, in any transaction
undertaken for profit or arising from
hre, storm, shipwreck or OTHER casu.
atty or from theft.