The review. [volume] (High Point, N.C.) 1908-19??, 1919-03-13
Y=:ANB. FILE
INCOME TAX
BEFORE MAR. is.
u. S. Internal Revenue Bureaus
!. Gives Warning That Severe
Penalties win Be Enforced.

The Income Tax, drive comes to @
close on Saturday night March 10.
The payments and returns due on
that date under the provisions of the
new Revenue Law must be in the hands
of local Internal Revenue Collectors
before their offices close that night.
The Income Tax is being collected to
meet the war expenses Dvery 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
faGe severe fines and, Jail sentences.
The Internal Revenue Bureau an
, nOunces: 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. Y
Residents of North: Carolina should
/ make their returns; and pay their
taxes to Josiah w. Bailey, Collector Of
Internal Revenue, Raleigh, or to Aus
tin D. Watts Statesvilie, or to any OF
. the deputy collectors VINO are now do
ing free advisory work ON Income Tax.
Payments sent bysn1afl 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 iHcapacity 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 Revenue officer or a bank<
er for advice. -
., .,<Women Pay Tax. = - - 8
Women are subject to all the re-
quirements Of the Income Tax. Wheth.
er sipglesor married; az wofaan 8 -itscpns
from ali sources ngst be coasfneredg
If unmarried or If living apart from
hfsr husband she mustmake hers<eturn
for 1913 if her net income was $1,000
or over. 80; - t.,'"
If married and living with her hus-
band eher- income must be considered
with the husbands in determining the
liability for q return: Their joint in
come, less 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 IN
clude his wifes income in his return
the wife must file separate return.
Severe Penalties.
The new Revenue Law places severe
penalties on a person who fails TO
make return on time, refuses to make
return or renders fraudulent return.
For failure to make return and pay
tax on time a fine of not more than
81 900 is named and % per cent of the
tax due is added to the assessment.
For refusing willfully to make return
or for making a false or fraudulent re-
turn, there is q fine of not exceeding
$4,000 and Imprisonment of not ex-
ceeding one year, or both. : -.
Farmers Income Taxable.
Every farmer and .rahchman' who
had a fair or good year in 1918 must
heed the Income Fax this year. ~ He
must consider all his income as tax
able. He ,ist entitled to deduct from
in carrying :On his farm. The cost OF
farm machinepyylfarm buildings and
tcaRnOt be 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 as taxable every item received
from employers and from Oth:T
sources. DoIIuses and overtime pay
are to be reported as well rs the regu-
lar payniantssGr -
Allowances for Losses. =
Lcsses sustained in 1913 i:and not
covered by insurance are dedHctible
items if incurred in the taxpayers
business or trade, in any transaction
undertaken for profit or arising from
fire, storm, shipwreck or other casu-
atty or from theft.