The Republican journal. [volume] (Belfast, Me.) 1829-current, 1919-03-13
PAY AND file
INC0 NE 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 Income Tax drive comes to a
close oil Saturday night, March 10
All 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 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
ATmistice Day is now called upon to
contribute his share of the cost of win
ming the war
The laggards and the dodgers viii
face severe fines and Jail sentences.
The Internal Revenue Bureau an
nCunces that its 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 Maine. New Hampshire
and Vermont should make their re-
turns and pay their taxes to Seth W.
Jones, Collector Of Internal Revenue,
Portsmouth, \. H, or TO any vf his
deputy collectors who are now doing
free advisory work on Income Tax
Payments SEM by mail should be at
tacheG 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 tncapacity 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 "a bank
er for advice.
Women Pay Tax.
Women are subject to all the require
mentS of the Income Tax Wheeler
single or married. a womau's income
from All sources must be considered.
If unmarried or if living apart from
her husband She must make her return
for 1918 if her net income was $1,000
Il over
If 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, loss The credits allowed by law,
is subject to normal tax The wife's
net income is considered separately in
computing any surtax that may be due
Husband and wife file Jointly, as a
rule If the husband does not include !
his Wife's income in his return the
wife must file a.separate return.
Severe Penalties.
The new Revenue Law places severe
penalties on Il person who fails to
make return on time, refuses to make |
return or renders q fraudulent return. |
For failure to make return and pay TAX |
on time fine OF not more than ST 900 |
is named and % per cent Of the tax
due is added to the assessment. For |
refusing wilfully to make return or
for making a false or fraudulent re-
turn there is a fine of not exceeding
$4,000 and Imprisonment of not ex-
ceeding one year, or both.
Farmers Income Taxable.
Every farmer and ranchman who !
had a fair or a good year in 1918 must !
need the Income Tax this year He |
must consider all his income as tax
able. He is entitled to deduct from |
his gross income all amounts expended |
in carrying on his farm. Tie cost of |
farm machinery, farm buildings and |
improvements cannot be deducted. |
The cost of live stock, either for re-
sale or for breeding purposes, is also
regarded as investment
Overtime and Bonuses Taxed.
Salary and wage ea1mers must con- /
slider as taxable every item received |
from employers and from other
sources. Bonuses and overtime pav |
are to be reported as well as the reeu-
lar payments.
Allowances for Losses.
Losses sustained in 1918 and not |
covered by insurance are deductible
items if incurred in the taxpayer's
business or trade in any transaction
undertaken for profit or arising from |
fire, storm, Shipwreck or other casu- |
atty or from theft.
\ X X h \ + 4. ! \ J. l. l. |