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Show V SOUTH CACHE COURIER, HYRUiVi, H L, t MYUUJM THIS TELLS HOW TO K FIGURE INCOME TAX By ROBERT McBLAIR. " Mr. Simpkins gazed at the portrait on the wall till his eyes filled with tears. It was a portrait of his father, Colonel Simpkins, who had four times been promoted for valor du.lng the Civil War and had died bravely on the field of action. Mr. Simpkins threat ached now for two reasons : First, he reverenced and adored the memory of hl3 father; secondly, his age and his eyes and his game leg wouldnt let him go to war himself. And as he observed the martial bearing and uncompromising gaze of Colonel Simpkins he saw, to Get Busy by March 15 or Suffer Penalty. Dont wait until the final due date, March 15th, for paying your Income Tax and making your return. Avoid the last minute rush. Any person can ' ,hls liability today as well as flgim t week, and if there Is he can any which on lip needs advice in? can point now get In touch .with a Revenue man." This word of advice is from William C. Whaley, Collector of Internal Revenue, Helena, Mont., who is collecting the Income Tax In Montana, Idaho and Utah. Collector Whaley la giving without charge every aid of his office and his enlurged field force to help the people get their payments and their returns in by March 15th. But the Income Tax men will not or your pull your door-beCollectors to announcethe according ment. It Is squarely up to every individual to figure out his own case and to get busy if he comes within the "scope of the new Revenue law. . considered a better citizen than the and every young fellow of the right stuff looks forward to the time when he can have his own cozy nest and wife and babies. bachelor, Your Big Desire Will Be Realized Sooner If You Start a Savings Account Here HYRUM STATE BANK Did You Earn This Much? Every unmarried pe rson who received income averaging $19.25 a week during 1918 and every married couple who jointly received income averaging $38.50 a week should secure at once from the nearest Deputy Collector or the nearest bank a blank Form 1040 A. That form contains (lie information he will need to enable him to figure his correct net income and any tax that he owes tjie Government. The law re'quires that every unmarried person who had a net Income of $1,000 or over and every married person whose net Income was $2,000 or over (including the income of husband or wife, and the earnings of minor children, If any) must make a return on or before March 15th. And this requirement does not hinge on whether the person owes a tax. Taxable Income. An Individual must include under gross income all gains, profits and income derived from salaries, wages, or compensation for .personal service of whatever kind and in whatever form vocations, paid, or from business, sales or dealings In property of all kinds, interest, rent, dividends, or profits derived from any source whatever. Very few Items of income proi-sslons- Your children should have plenty of good bread, made from flour that is pure and wholesome nutritious. - ONION FLOUR just beams with and uilding health-givinbrain-buildin- g, g muscle-b- qual- ities. Its not killed in milling, as niost flour is. We grind it ourselves with our famous Midget" Marvel mill from the choicest, select wheat. Youll certainly like it. Try it. HYRUM UNION MILLS - Dealers in all Rinds of Mill Stuff are exempt. , , Deductions include ordinary and necessary business expenses, interest paid or accrued on Indebtedness, taxes of all kinds except Federal , income and excess profits taxes and assessments for local benefits, losses actually sustained, debts ascertained to be worthless, and depreciation on build'ngs, machinery, fixtures, etc., used In business. A further deduct ion Is allowed for contributions to corporations operated for religious, charitable, scientific or educational purposes or for the prevention of cruelty to children or animals to an amount not exceeding 15 per cent of the taxpayer's net Income as computed without the benefit of (he contribution deduction. The lupuer Is not allowed to deduct any personal, living or family expense, an amount spent for improving property, or any expense of restoring property or making good Its exhaustion for which nn allowance Is claimed under depreciation. Figuring the Tax. Before figuring the normal tax the dividends are deducted as credits from net Income, together with the personal exemption. As In previous years, dividends of domestic, corporations are exempt from normal tax when received by the stockholder. The normal tax rates for citizens and resident are as follows: On the first $4,000 of net income in excess of the credits the rate Is G per cent; on any further taxable income the rate is 12 per cent. The surtax rates apply to net of each individual In excess of The personal exemption and $5,000. the dividends are not deductible before computing surtax. In the case of returns by husband and wife, 'the net Income of each Is considered separately in computing any surtax that may be due. Form 1010 should be used for making returns of net income exceeding $5,000, nml the instructions on that form will how how to figure the sur,lu-co- tax. Business House Returns. Employers and others who paid wages, salaries, rents, interest or similar determinable gains In an amount of $1,000 or over during 1918 to any person must file an Information return with the Government Blanks may be secured from the Collector. Every partnership must file a return showing its ipcome and deductions and the name and address of each partner, with his share of the profits or losses during the past year. Personal service corporations will file similar information for 1918. Subscribe For THE SOUTH CACHE COURIER Springfield Mapleton sugar fr ory has contracted for 3500 act of beets. Utah Industries United Salt Lake March 17. Co. incorporates Bingham. Copper with $100000 capital; Fox Film Co. ncorporates with capital stock of $1,500,000; Tintic Paymaster Mines Co. files articles of incorporation, with capital of $1,000,000; Greater Consolidated Mines Co. incorporates for $1,500,000. Utah Woolgrowers will meet in Salt Lak April 1st. They will consider a price for sheep shearers. In Imagination, the khnkl-clalads of the new generation marching forth and Woolgrowers say that 12jc is a fair crossing three thousand miles of sea to price; some shearers say 20c; they fight, maybe die, for liberty. could earn $30.00 a day at this rate. d coat-tail- ll Review-o- f HIS INCOME TAX Squarely Up to Every Individual is SIMPKINS PAYS Mr. Simpkins peered around to make Reclamation work in Utah fursure that neither Bess nor John (who were at the teasing ages of sixteen nishing work for discharged sailors and seventeen) were where they could see him, then he straightened and and soldiers will start within sixty threw his right arm up for a salute. days. , But his gouty shoulder twinged, and he Monticello Four women plan to groaned. lie couldnt even salute. and Mr. "Damn!" said irrigate 1200 acres of land in San Simpkins, with his other hand fiercely twirled his Juan county. white mustachios. lie turned and limped Into the liLogan The three Amalgamated brary and sat down crenklly before the Sugar factories in Cache county mahogany desk on which were lying will pay $89,000 increase in taxe9 the blanks for his income tax statehad which rather he blanks for 1919, ment, grumpily got from 'the Internal Revenue officer only that day after lunchOgden Work on $100,000 hoseon on his way home from the club. pital annex to start soon. Mr. Simpkins' Income for 1917 had amounted to just about $15,000, and he Ogden thealre sold for $150,000. had been rather snappy on the subPark City shipped $130,000 worth ject of taxes ever since he had discovered that the more income a man has of ore for week ending Feb. 28th. the greater the percentage of It he Co. Garland pays In taxes. He could think pf several men who, like himself, were mar- to grow some 1500 acres sugar beets ried and had two children, and yet, and 500 to 800 acres wheat near although their Incomes were nearly half of bis, they would pay only a Riverside during season of 1919small fraction of the amoimt he paid. Farminton Unicn Oil shows gas He gloomily drew the blank nearer and began filling In the Information in new well. that it asked for. , As Mr. Simpkins' income was $15,000 OgdenUtah Packing Corporahe had to figure out the amounts pay- tion awards contracts for additions able on each of the successive smaller to Roy and Rivercale plants cost- -' classes of incomes In order to arrive at the total due from himself. He ing $18,000. passed over the first class who must Eureka Tintic District shipped pay taxes, that Is, single men making mar585 care of ore, concentrates and over 1,000. Ills calculation for ried men then showed up as follows : bullion in February, estimated to First, they pay 2 per cent, (under have a market, value of $1,300,000. the 1916 law) on all income over $4,000, deducting $200 for each of their Salt Lake is planning to erect a children under eighteen years. In Mr. Simpkins case this was $212, .which he $300,000 memorial to soldiers, sailors and marines. put down in the payable column. He saw next that, under the 1917 Salt Lake Better tone reported law, married men pay an additional 2 on the with over all cent, $2,000 per to copper market. In ten days same allowance for children. This lbs. of metal have been sold added $252 to his payable" column. He then observed that for every around 15c a lbs. $2,500 jump In his Income over $5,000 A well in Big Muddy field flows he had to pay a Surtax, the percentage This with each 1000 barrels in 17 hours. jump. growing larger was $250 more added to his burden. Ogden to vote on $500,000 bond And on top of all this came an Excess Profits tax of 8 per cent, on all issue April 8th. occupation Income over $6,000, makPrice votes on $180,000 watering $720 more. The total, then, he must pay was four- works bonds. dollars. teen hundred and thirty-fou- r exclaimed Mr. Simpkins Whew Eureka Tintic shipped 151 carTheres young Henry Wil- loads of ore worth angrily. $200,000 for 1st kins, who married Jake Johnsons girl, week in March. a and he doesnt pay he makes $2,000 cent of taxes. I guess this Is his war Utah was granted permission by as well as mine! of the Wilkins, young Henry government to construct a steel Thinking he remembered that Mrs. Wilkins went bridge over Santa Clara on the every afternoon to make bandages for Shiwits Indian reservation. . the Red Cross and that Henry, who was a lawyer, was aiding the Local Draft Board with its questionnaires. "Well, he admitted to himself, LEGAL NOTICES. that makes a difference. next of He thought Judge Willoughby, whose income was about $3,000. Consult the County Clerk or He only pays $20, commented Mr. the Respective Signers For Simpkins, not quite soa angrily this time; and then a thought struck him Further Information. and he sat up rigidly in his chair. son had been Judge Willoughbys drowned on the Tuscanla when it was Probate and Guardianship Notices.' submarined with the loss of two hunv dred soldiers. COUiiA' UJb THE THE DISTRICT IN Judge Willoughby gave his son to FIRST JUDICIAL DISTRICT OF America, muttered Mr. Simpkins. He leaned forward suddenly and put THE STATE OF UTAH, IN AND his face In his hands. FOR THE COUNTY OF CACHE. For a long time Mr. Simpkins sat a very still In that position. There was NOTICE TO CREDITORS no sound In the library except the ticking of the tall clock and an occasional trill of laughter from the chilEstate of Joseph B. Brown, Dedren skylarking upstairs. The square of light on the carpet gradually with- ceased. drew itself through th window, and Creditors will present claims with first twilight and then darkness settled In about the quiet, white haired, some- vouchers to the undersigned at his times Irascible old man. residence in Hyrum City, in the Mr. Simpkins was thinking things of Cache and State of Utah, which he would never afterward speak County on or before the 31st day of May were of, he was thinking things that too sacred ever to be put Into words. A. D. 1919. But some inkling of his thoughts may ROBERT BAXTER, be found in his rejoinder to Mrs. Administrator. Simpkins when that placid lady came In and turned on the lights, and asked W. W. MAUGHAN, him whether he was ready for dinner, , .Attorney for Estate. Judge Willoughbys only son was Date .of first,publication January worth as much as fourteen hundred and thirty-fou- r dollars, wasnt he? 30. 1919. Adv. Mr. Simpkins demanded of her. . Utah-Idaho-Sug- 1 ' ar 00 . I -- , |
