Milford chronicle., 1919-02-28
PAY AND FILE
INCO ME- TAX
BEFORE MAR. Is
U. S. Internal Revenue Bureau
Gives Warning That Severe
Penalties will &c Enforced.
WOMEN WITHIN LAWS SCOPE;
How THEY REPORT INCOME

ne lltNNlt lNA ViiNt AtiHNN ~ =
close on saturday might, March -.
Al payments ana returns due on
ri.at date under the provisions of the
nrW ReNcuuc Law must be in the
hands of local mlcraa Revenue Collec-
tors before their offices close that night.
The Income Tax is being collected 10
I .uecl the war expenses Every person
/ who shouted and ;ontcd his horn on
/ A"uIiSiice Day is uuN called upon to
/ Contribute his share of the cost of win
ui' z the war
The laggardS and the dodgers viii
face severe fines and Jail sentences.
The Internal Revenue Bureau an
nounceS that its officers viii check us
all up to see that every person who
comes within the scope of the Income
Tax law did his share
Where &c Pay and File.
Residents Of Maryland and pe!a-
ware should make their return, and
pay their taxes % Joshua W Miles.
Collector Of Internal Revenue, Baifj-
more, Md. or to any of his deputy
collectors who are Row doing free All
yiSory work on Income Tax.
Payments sent 10y mail should be at
tachcd TO the returns aud should be in
lhe form Of check money order Or
draft Cash payments by mail are sent /
At the taxpayers ri~k 0f loss
II you are unable TO make your re- !
urn personally because OF Illness, ab- /
sence or incapacity at agent or legal .
representative may make yOur return. I
II there are any doubtful points as
70 your items OF income or allowable !
deductions you should get IL touch at
once with a Revenue officer OF a baRk-
er for advice.
Women Pay Tax
Women are subject 10 all the require
ments OF the Income Tax. Whether
single or married, a wOmans income
from all sources must be considered
II unmarried or If living apart from
her husband she must make her return
for 1918 il her net income was $1,000
,r over.
II 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 wlfe's
net income Is considered separately In a
any surtaI that may be due.
and wife file Jointly, as a
rule. If the husband does not include :
his wlfe's income in his return the
wife must file separate return. q
Severe Penalties 5
The new Revenue Law places severe
on a person who fails to
make return on time, refuses to make Ii
'eturn or renders a fraudulent return L
Cor failure to make return and pay tax
IN time a fine of not more than $1,000 .,
5 named and 25 per cent Of the tax
Iue is added to the assessment. For Vi
'efusing wllfully to make return or W
or making a false or fraudulent re-
urn there is a fine Of not exceeding
10000 and Imprisonment OF not ex- 81
eeding one year or both.
Farmers Income Taxable.
Every farmer and ranchman who c,
ad fair or a good year in 1918 must -
eed the Income Tax this year. He W
lust consider all his income as tax la
BILE He is entitled 10 deduct from
is gross income all amounts expended
! carrying on his farm. The cost OF
arm machinery, farm buildings and he
improvements cannot he deducted in
he cost of live stock either for re- $
lie or for breeding purposes. Is also Sc
egarded as investment. So
Overtime and Bonuses Taxed. mi
Salary and wage earners must con- ml
der as taxable every item received de
ON employers and from other lin
'urces Bonuses and overtime pay las
e to be reported as well as the regu- az az
r payments.
Allowances for Losses we
Losses sustained in 1918 and moi lin
vered by insurance are deductible
ms if incurred in the taxpayers w.
siness or trade, in any transaction ps
dertaken for profit or arising from Gle
e, storm, shipwreck or other casu- v
" or from theft fro
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