The Owosso times. (Owosso, Mich.) 1897-1926, 1919-03-07
PAY AND FILE
INC0 Me TAX
BEFORE MAR. IS
u. S. Internal Revenue Bureau
Gives Warning That Severe
Penalties Will Be Enforced.
WOMEN WITHIN LAWS SCOPE;
HOW THEY REPORT INCOME

The Income Tax drive comes TO
close on Saturday night, March 10.
The payments and returns due on
sanut date under the provisions OF the
NEW Revenue Law must be In the hands
az local Internal Revenue Collectors
asxore their offices close that night.
The Income Tax ispeing collected to
meet the war expenses Every person
who shouted and footed his horn on
Axmistice Day is now called upon to
eDntribute his share Of the cost Of win
ming the war.
Yhe laggards and the dodgers Will
fsce severe fines and jail sentences.
The Internal Revenue Bureau an
npunees that Its officers will check us
nn up to see that every person who
rpanes within the scope of the Income
Tx law did his share.
Where to Pay and File.
Residents of Michigan will make re-
fusns and pay their taxes to James j..
Errsfy, Detroit, or to Emanuel j..
Doyle, Grand Rapids, Collectors Of In
aexnal Revenue, or to any Of the
deputy collectors who are doing free
advisory work on Income Tax.
Payments sent by mail should be at
aEehed to the returns and should be in
ahe form of check, money order or
draft. Cash payments by mail are
sent mt the taxpayers risk Of loss.
II you are unable to make your re-
turn personally because Of illness, alb
xrnee or incapacity an agent or legal
representative may make your return.
IL there are any doubtful points as
90 yOur items of income or allowable
GeGuctions you should get In touch at
once with Revenue officer or bank
at for advice
Women Pay Tax.
Women are subject to all the re-
suirements of the Income Tax. Wheth-
ar single or married, a wOman's income
from all sources must be considered.
IL unmarried or If living apart from
her husband she must make her return
Eor 1918 if her net income was $1,000
ar over.
II married and living with her hus-
gsund her income must be considered
with the husbands in determining the
liability for return. Their joint in
evene, less the credits allowed by law,
is subject to normal tax. The wife's
met income Is considered separately in
computing any surtax that may be
due. Husband and wife file jointly, as
q Faie. If the husband does not in
eiude his wifes income in his return
ihe wife must file separate return.
Severe Penalties.
The new Revenue Law places severe
penalties on q person who falls 10
make return on time, refuses to make
return or renders frauduleNt return.
For failure to. make retur ID pay
tax on time fine Of not .Aore than
$1,000 is named and % per cent of the
sKx due is added to the assessment.
For refusing willfully TO make return
ar for making false or fraudulent re-
turn there Is fine of not exceeding
$4,000 and Imprisonment Of not ex-
seeding one year, or both.
Farmers Income Taxable.
Every farmer and ranchman who
had fair or good year in 1918 must
heed the Income Tax this year. He
must consider all his income as tax.
able. He Is entitled to deduct from
ais 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 resale or
Tor breeding purposes, Is also regarded
rs investment.
Overtime and Bonuses Taxed.
Salary and wage earners 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-
BRr payments.
Allowances for Losses.
Losses sustained in 1918 and not
covered by insurance are deductible
Mems If incurred In the taxpayers
business or trade, In any transaction
undertaken for profit or arising from
are, storm, shipwreck or other casu.
atty or from theft.