The Bourbon news. [volume] (Paris, Ky.) 1895-19??, 1919-03-11
PAY and FILE
INCOME TAX
BEFORE MAR. IS
U. S. Internal Revenue Bureau
Gives Warning That Severe
Penalties win Be Enforced.
WOMEN WITHIN LAWS SCOPE;
HOW THEY REPORT INCOME

The Income Tax drive comes to q
close on Saturday night, March Is.
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 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 rs
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 Kentucky should make
their returns and pay their taxes to
the nearest Of the following: Josh T.
Griffith, Owensboro J. Rogers Gore,
Louisville; Charlton B. Thompson,
Covington; Elwood Hamilton, Lexing-
ton; John w. Hughes, Danville.
Payments sent by mail should be at
tachet to the returns and should be In
tho form Of check, money order or
draft. Cash payments by mail are sent
at the Taxpayers risk Of loss
II 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 at
once with a Revenue officer or q 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.
II unmarried or II living apart from
her husband she must make her return
| for 1918 X her net income was Il, 200
or over.
II married and living with her hus-
| band her income must be considered
with the husbands I'm determining the
| liability. for a return. Their joint In
come. less the credits allowed by law
il subject to normal tax. The Wife:
net income is considered separately in
computing any surtax that may be due
Husband and wife file Jointly, as g
rule. II the husband does not include
his wife's income in his return thu
wife must file separate return.
| Severe. Penalties.
The new Revenue Law places sewers
penalties on a person who falls Il
make return on time, refuses to MAKE
return or renders fraudulent return
For failure to make return and pay ia,
on time a fine Of not more than 81, OO
Is named and 25 per cent Of the ia,
due is added to the assessment. Flo
refusing wilfully to make return O
for making a false or fraudulent re
turn there Is a fine OF not exceeding
$4,000 and imprisonment Of not e1
ceeding one year, or both.
Farn,sr3 Income Taxable.
! Every farmer and ranchman VIII
! had fair or q good year in 1918 mus
heed the Income Tax this year. H
must consider all his income as tai
able. He is entitled to deduct frol
his gross income all amounts expende
In carrying on his farm. The cost {
D farm machinery, farm buildings an
improvements cannot he deducte'
The cost Of live stock, either for r.
= sale or for breeding purposes, is als
: regarded as investment.
Overtime and Bonuses Taxed.
Salary and wage earners must CO.
S slider as taxable every item receive
y from employers and from 9TH
: sources. Bonuses and overtime pc
: are to be reported as well as the reg
e lar payments.
l. Allowances for Losses.
Losses sustained In 1918 and n
covered by insurance are deductib
Is items II incurred In the taxpayer
business or trade. in any transacti'
h undertaken for profit or arising fro
fire. storm, shipwreck or other cas-