Evening Republican, Volume 21, Number 286, Rensselaer, Jasper County, 19 December 1917 — Income Tax Collactor To Visit Us In January [ARTICLE]

Income Tax Collactor To Visit Us In January

In a communication received by this paper, Collector of Internal Revenue Peter J. Krupef announces that a federal income tax collector will be sent into this county on January 21st, 1918, and will be here until January 31st, 1918. He will have his office in the Postoffice building in Rensselaer, and will be there every day ready and willing to help persons subject to the income tax make out their returns without any to them for his services. How many income-tax payers will there be in Jasper county?. If you can guess how many married persons living with wife or husband who have net incomes of $2,000 or over and how many unmarried persons will have net incomes of SI,OOO or over this year, then you know. The Collector of Internal Revenue estimates that there will be 434 taxpayers in this county. Returns of income for the year of 1917 must be made on forms provided for the purpose before March 1, 1918. Because a good many people don’t understand the law and won’t know how to make out their .returns, the government is sending in this officer to do it for them.' But the duty is on the taxpayer to make himself known to the government. If he doesn’t make return as required before March 1% he may have to pay a penalty ranging for S2O to SI,OOO, pay a fine or go to jail. So if you don’t want to take chances on going to jail, you better call on the income tax man. If you are not sure about being subject to <tbe tax, better ask him and make sure. Whether you see the income tax man or not, you must make return if subject to tax. Of course, persons resident in other counties may, if they want to, come and see the income tax man who will be at Rensselaer, Ind. The Collector suggests that everybody start figuring up now his income and expenses so as to be ready with the ngures when the expert arrives. Expenses, however, don’t mean family expenses, money used to pay off the principal of a debt, new machinery, buildings, or anything like that. They mean what you spend in making your money—interest, taxes paid, hired help, amount paid for goods sold, seed, stock bought for feeding, rent (except for your dwelling, etc. Income includes about every dollar you get.