Cleveland County herald., 1919-03-13
PAY AND FILE
 iNC0 ME l AK
 BEFORE MAR. 15
U. s. Internal Revenue Bureau Gives Warning That Severe
 Penalties Will Be Enforced.
WOMEN WITHIN LAWS SCOPE; HOW THEY REPORT INCOME

nOV ItGl tEi Siti iSS0HE
 The Income Tax drive comes to a close on Saturday night, March 15,
 The payments and returns due on that date under the provisions of the new Revenue Law must be in the bands of local Internal Revenue Collectors 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- nounccs 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 Arkansas are required tc make their returns and pay their taxes to Jack Walker, Collector of Internal Revenue, Little Rock, Ark. or to any of his deputy collectors who gre now doing free advisory work on Income Tax.
 Payments sent by mall should be ot- 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, ab- sence or incapacity an agent or legal representative may make your return.
 If there are any doubtful points as to your items of income CT allowable deductions you should get in touch at once with Revenue officer of bank CT for advice.
 Women Pay Tax.
 Women are subject to all the re- quirements of the Income Tax. Wheth- CT single or married, n womaAs income from all sources must be considered.
 If unmarried or If living apart from her husband she Iaust make her return for 1918 If her net income was Sl,GoJ or over.
 If married and living with her hus- band her income must be considered with she husbands in determining the liability for return. Their j"nt ip- come. lesS the cretisS allowed by law, is subject to normal tax. The Tire's net income is considered separately ill computing aIsy sr<tay that may be due. Husband and wife file jointly, as a rule. If the husband does not in- clude his wife's income in his return the wife must file q separate retuvn.
 Severe Penalties.
 The new Revenue Law places severe pcnalt!eS on a Ts,rson who fails to make return on time. rcsUseS to make return or rellders fraudulent return. For failure to E;ikc rpfpFH a!A pay tax on time q fine of not niofa than $1,0G0 is named and 9 per cent ot tic tax due Is added to the assessnient. For refusing willfully 10 make return or for making false or fraudulent re. turn there is a fine of not exceeding SSiG,3ao and Imprisonment of not eX- ceeding one year, or both.
 Farmers Income Taxable.
 Every farmer and ranchman who had fair or a good year in 1918 must heed the Income Tax th's year. He must consider all His income as tax ahlc. He is entitled to deduct from his gross income all amounts expended in carrying on his fars The cost of farm machinery, farm buildings and Improvements cannot De deducted. The cost of live stock, either for resale or for breeding purposes, Is also regarded as investment.
 Overtime and Bonusea Taxed.
 Salary and wage carners must con- slider as taxable every item received from employers and from other sources. Bonuses end overtime pay are to be reported as well as the rcgqs l,A' payments.
 Allowances for Losses.
 Losses sustained in 1918 and not covered by insurance are deductiblc items if incurred !p the taxpayer's