Wood County reporter. [volume] (Grand Rapids [i.e. Wisconsin Rapids], Wis.) 1857-1923, 1919-02-27
PAY AND FILE
IN CONE 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 Iacome Tax drive comes to II
close OH Saturday night, March Is.
TIE payments and returns due on
that date under the provisions Of the
new Revenue Law must be i'll the hands
of local Internal Revenue Collectors
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
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 Wisconsin are required
to make their returns and pay their
taxes to Paul A Hemmy, Milwaukee,
or TO Burt Williams, Madison CoIIcc-
tors Of Internal Revenue, or To any If
the deputy collectors who are doing
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 alb
sence or incapacity an agent or IrgI
representative may make your return
If there are any doubtful points rs
to your items Of income or allowable
deductions you should get i'll touch ut
once with Revenue officer or Il bank
er for advice.
Women Pay Tax
Women are subject TO all the re-
quirements or the Income Tax Wheih-
er single or married a woman's income
from all sources In&Et be considered
If unmarried o. j: living apart from
her husband she must make her return
for 1918 if her Act income was 81 ,000
or over
If married and livt:g with her hus-
band her income must be considered
with the husbands III determining the
liability for Il return. Their joint in
come. less the credits allowed by law,
is subject TO normal tax. The Wire'S
net income is considered separately in
computing any surtax that may be
due. Husband ana wife file Jointly, as
rule. If the husband does not in
nj, = ~, LII,
the wife must file separate return.
Severe Penalties.
The new Revenue Law places severe
penalties on person who fails 10
make return on time, refuses 80 ma&s
return or renders fraudulent return.
For failure TO make return and pay
tax on time a file of not more tian
81 900 is named and % per cent of the
tax due is added to the assessment.
For refusing wiilrully to make r"tH"n
or for making false or f;nuduicI.J rc-
turn there is u fine Of not cNcc"dsa,
$4,000 and Imprisonment Of not cx-
ceeding one year or both.
Farmers Income Taxable.
Every farmer and ranchman who
had Il fair or q good year III 1913 must
heed the Income fax this year He
must consider all his income as tax
able. He is entitled to deduct from
his gross income ail amounts expended
in carrying on his farm. The cost of
farm machinery, farm buildings anI
improvements cannot he deducted. Tie
cost Of live stock, either for resale or
for breeding purposes, is also regarded
as investment.
Overtime and Bonuses Taxed
Salary and wage earners must con-
slider rs taxable every item received
from employers and from other
sources. Bonuses and overtime pay
are to be reported as well as the rcgu-
lar payments.
Allowances for Losses
Losses sustained i'm 1918 and not
covered by insurance are deductibIe
items if incurred in the taxpayer
business or trade, in any transaction
undertaken for profit or arising from
fire, storm, shipwreck or other casu.
atty or from theft
r II r. 4 K t y d