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Show hope that they have helped you with your federal income taxes in tome way. INCOME TAX FACTS We hope you have already filed your 1958 federal income tax re-turn. re-turn. If not, then you should put this paper down and get that return re-turn in the mail right now. If you find for tome reason beyond be-yond your control it ii impossible for you to complete your federal income tax return for filing by midnight Wednesday, April I Sth, then you should request an extension exten-sion of time in which to file your return. Extensions are usually granted, for good reason, for a ninety-day period; although the Director may grant an extension for as long as six months, if the circumstances warrant. Requests for extensions of time are filed on forms furnished by the Treasury in triplicate, end the request re-quest must be signed by you or your duly authorized agent. These forms are available at your local office of the Internal Revenue Service. All requests for extensions , should be on these forms and three j copies are necessary. However, if you are unable to secure the forms, I a letter will do. Your application should clearly set forth the full cause of the delay and the probable time that you will be able to complete your return. It should give your full name and address as it will appear on your tax return when you do file. If, by reason of illness, absence or other good reason, you are unable un-able to sign this request, then any person in close business or personal per-sonal relationship with you may do so, provided the reason and relationship rela-tionship are clearly stated in the request. In such case, the signer of the request will be considered your duly authorized agent for this purpose. pur-pose. I Extensions are usually granted for a good reason, such as illness, accidents, inability to secure all the facts necessary to complete your , return, etc. Extensions are never granted because you are unable to pay the tax. If you cannot pay the tax due, file your return anyway. Uncle Sam will send you a bill and you will have to pay it sooner or later. He will charge you 6 interest, in-terest, but there will be no penalty. pen-alty. If you do not file your return on time, Uncle Sam will charge you 5 for each month that your return is late, up to a maximum of 25. So you see, it is a lot better to file the return even if you can't pay the tax. This scries of articles have been brought to you by the Utah Society of Public Accountants, F. H. Carlton, Carl-ton, vice president, Salt Lake City, as a public feature service, and |