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Show mMS THE SDN. PRICE. TAX REQUIREMENTS AS 0. GIVEN 01 BY ANDERSON, COLlECKHt Sinfrle persons who had net income of $1000 or more or gross income of $5000 or more, and married couples who had net income of $2500 or more or gross income of $5000 or more WHO? must file returns. FRIDAY, FEBRUARY B, FRIDAY. UTAH-EVE- RY livfarm buildings is not deductible as exjiensc. Deductions for personal or cloth-inof food, coat ihe taxpayer's dwelling, ing expense. such as repairs to education of children and snlortk aie not allowed. NUMBER EIGHT Losses if incurred in a taxjoiyers trade or business or profession or in any transaction entered into for profit not compensated for by insurance or otherwise are deductible from gross income in determining net income upon which the income tax is assessed. To W allowed, losses not incurred in trade, business or profession must conform closely to the wording ol tLe statute. For example, a loss incurred in the sale of a taxpayer's liome or automobile, which at the time of purchase was not liouglit with the intention Losses of resale, is not a transaction entered into for profit. in the oierntiou of a farm as a business venture are deductible. If sustained iu the operation of a farm operated merely for the pleasure of the taxpayer tbev are not deductible. NUMBER NINE arising from fires, storms, shipwreck or other casualty or from theft, whether or not connected with the taxpayers business, may be deducted from gross income in his 1924 return. If his home or automobile is destroyed by fire or his projierty damaged by storm the loss is deductible for the year in which it was incurred. Loss of property by tbel'J or burglary is an allowable deduction ami need not be incurred in the t ax layer's trade or busine-- . A los- - from embezzlement is al-- o deductible. All losses arc defox by insurductible only to the extent by which they are not ance or otherwise. NUMBER TEN be discovered worthless and charged off the books of the to Any debt l!l'24 be deducted from the gross income in comthe tor may year taxayer puting net income for that year. The return must show evidence of the manner in which the worthlessness of the debt was discovered and that ordinary and legal means for its collection have Wen or would W unavailing. Bad debts may W deducted in whole or in art. When deducted the taxpayer must be able to snow with a reasonable degree of certainty the amount uncollectible. Purtial deductions are allowed with respect to specific debts only. A valid debt proved to W worthless may not always W a proper deduction. For example, unjiaid amounts representing wages, rentals or similar items are not allowed as deductions unless included as gross income in the creditor s return for the year in which the deduction is sought or in a previous year. The fact that expected incume was not received does not reduce the amount of taxable income of the creditor. Unpaid loans made to needy relatives or friends with little or no expectation that they would W repaid are not deductible, but are regarded as gifts. NUMBER ELEVEN Where by reason of illness or absence from home additional time for filing an income tax return is required the taxpayer should address to the Commissioner of Internal Revenue, Washington, D. C., a request for an extension. Collectors of internal revenue are not, as under preceding acts, permitted to grant such extensions. The request must W made Wfore the return is due on or Wfore March 15, 1925, if made on the calendar year basis and must contain a full recital of the causes of the delay. An extension of time for filing the return does not extend the time of payment of the tax or any installment thereof unless so specified in the extension. As a condition of granting an extension the commissioner may require the anliiiii-sio- n of a tentative return and estimate of the amount of the tax and the payment of at least of the estimated amount. NUMBER TWELVE Under the revenue act of 1924 thousands of iersons nre required to file returns or ineome, although the incomes an- not taxable. The act provides that returns shall In- filed by every single person whose net income for 1921 was $1000 or more or whose gross income was 5IM)0 or more, and by married con les living together whose aggregate net income was $25(10 or more or whose aggregate gross ineome was $5uoo ur more. The exemptions are $1000 for single persons and $2500 for married i s living together, plus a A person may have a gros-- , income of for eaeli $9)11.00 &jU0u and bv reason of the deductions for buncs expense, bud debts, losses and soforth, a net income of less than $1000. A single tersnn may have an returns are reexemption of $2500 ns the bead of a family. Neverllicle-Heavy jiennlties are provided by the act for failquired in both instan-eof the amount of tax due withure to file a return anti pay at least in the time prescribed on or belt ire March 15, 1925. s, ed The filing period is from January 1 to March 15, 1925. WHERE? Collector of internal revenue for the district in which the person lives or has his principal place of business. HOW? Instructions on Form 1040A and Form 1040. Also the law and regulations. WHAT? Two per cent normal tax on the first $4000 of net income in excess of the personal exemptions and credits. Four per cent normal tax on the next $4000. Six per cent normal tax on the balance of net income. Surtax on net income in excess of $10,000. WHEN? Ijo-s- NUMBER ONE Your jurtii;e tux for tin- ytar li'Jt is K'?s, in proportion to your iurome, , however, is not the only benethan was the tax fur 11123. A rate fit afforded by the revenue act of 1124. Increase in the exemption for married arsons, a 25 jer cent reduction on earned income, and other changes in revenue legislation are of immediate interet to every taxpayer. The revenue aet of 1924 requires that returns le filed by every single perfor 1924 was $1IHH) or more or whose gross income wa. son whose net $5000 or more, and by every married couple whose aggregate net income was $2500 or more or whose aggregate gross income was $5000 or more. Last year returns were required of married couples whose aggregate net income was $2000 or more. Husband and wife living together may include the income of each in a single joint return or each may file a separate return showing the income of each. Net income is gross less certain specified reductions for business exenses, losses, bad debts, contributions and soforth. The jwriod for filing returns is from January 1 to March 15, 1925. The return, of the amount of tax due, must be filed aecumitanied by at least with the collector of internal revenue for the district in which the taxayer has his legal residence or has his principal pluce of business. - reiliii-tiun- im-uui- one-four- th NUMBER TWO The exemptions under the revenue act of 1924 are $1000 for single persons and $25H) for married persons living together and heads of families. Jn addition a $400.00 credit is allowed fo each person dependent uon and receiving his chief support from the taxaycr, if surh person is under IS rt because mentally or physically deyean of age or incajiahle of fective. The normal tax rate under the revenue act of 1924 is 2 per cent on the first $4000 of net income in excess of personal exemptions, rredit for dependents and soforth, 4 per rent on the next $4000 and 6 per cent on the balance. U nder the preceding act the nornial tax rate was 4 per rent on the first $4000 of net income above the exemptions and credits and 8 jier rent on the remaining net income. The revenue act of 1924 contains a special provision for reduced taxes which did not appear in previous laws. All net On this amount the iucome up to $f!00 is considered earned income. taxpayer is entitled to a rredit of 25 jier cent of the amount of the tax. For example, n taxpayer, single and without dependents, may have received in 1024 a salary of $20011 and from a real estate transaction a profit of $5M0. His total net income was $5fliNI. Without the benefit of the, 25 per cent reduction his tax would he $SH.00. His actual px is $(i0.(l0. From his net income of $5000 he is idlowrd a nrennal exemption of $1000. The tax of 2 p;r li cent mi the first $4000 is $0.0(1. of which or $20.00 may he deducted. For the purpose of romputiiig this, rredit, in no case is the earned net income considered to lie in excess of $10,000. A taxpayer may have received fop the year 1921 a net income from salary of $20,000, but the 25 wr of this amount. cent m-di- t can be applied to only one-ha- lf self-suppo- one-fnnrt- NUMBER THREE cs cumja-uBiite- one-four- th - - tor-mi- des-ndent- . , s. If you are single and supjKirt in your home one or more persona closely related to you and over whom you exercise family control you are the head of a family and entitled under the revenue act of 1024 to the same personal exemption allowed a married verson, $2500. Iu addition, a taxpayer is entitled to a credit of $400.00 for earh erson dependent upon him for chief support, if such ennii is either under 18 years of age or incapable of because mentally or physically defective. Such dejtcndent need not be a member of the taxpayers household. For example, an unmarried eon who supports in his home an aged mother is entitled to an exemption of $2500 plus the $400.00 credit for a dependent, a total of $2900. If from choice the mother lives in another city, the son, although her chief support, would be entitled only to the $1000 exemption, plus the $400.00 credit. The mother not living with him, he is nut considered the head of a family. An exemption as the head of a family can be claimed by only one member of a household. The $400.00 credit doea not apply to the wife or husband of a taxpayer, though one may lie totally dependent upon the other. one-four- th FARMERS OF EMERY PLAN ON Belf-supjv- NUMBER POUR art of 1924 provides that the status of a taxpayer relative to the amount of his ersonal exemptions Bhall be determined by apportionment in accordance with the nuiulier of months the taxpayer was single, married or the head of a family. Under the preceding act the amount of the ex emptiou to which the taxpayer was entitled was determined by his status as a single erson, a married terson or the head of a family on the Inst day of the taxable year, December 31st, if the return was made on the calendar year basis, as most are. For example, a taxpayer married on September 30, 1924, would lie entitled to an exemption of $1375. For the first nine months he is classified as a single man entitling him to an exemption of $750.00 of the $1000 exemption allowed a single Jier son and for the last three months he is entitled to an exemption of $625.00 of the $2500 exemption allowed a married erson, if, on June 30th, a taxpayer ceased being the head of a family the supinirt in one household of a relative or relatives Wing discontinued be is allowed an exemption of $1750 of the exemption of $1000 granted a single person plus of the exemption of $2500 granted the head of a family. With regard to the $400.00 credit for a dependent, the taxiaycra status is determined as of the last day of the taxable year. If, during the year, bis supiiort of such dependent ceased he is not entitled to this credit. NUMBER FIVE Jn making out his income tax for the year 1924 the business man, professional man and fanner is required to use Form 1040, regardless of whpther his net income was or was not in exrcss of $5000. The smaller Form 104DA is used for rejmrting income of $5000 or less derived chiefly from salaries or wages. Forms have Wen sent to persona who Inst year filed returns or income. Failure to Teeeive a form, however, does not relieve the taxpayer from hia obligation to file a return und pay the tax within the time prescribed, March 15, 1925. Copies of the forms may be obtained from ofon or fices of collectors of interna n venue and branch offices. The lax may be paid in full at the time of filing the return, or in four equal installments, due on or Wfurc March 15th, June 15th, September 15th and December 15th. NUMBER SIX The taxpayer must include in his income tax return for the year 1924 all items of gross income specified by law. In the case of a storekeeper, gross income usually consists of gross profits on sales, together with income from other sources. The return must show the gross sales, purchases snd cost of goods sold. The professional man, lawyer, doctor, dentist, must include all fees and other eomfiensrition received from professional services. The farmer must report as gross income the proceeds of sales or exchange of products raised on the farm or whether purchased by him and resold, lie must report also gross income from all other sources, such as rentals or profits from the sale of farm lands. Net income, upon which tlie tax is assessed, is gross income less certain deductions for business, expenses, losses, bad debts, contributions snd soforth. To take full advantage of the deductions to which entitled taxpayers should read carefully the instructions on the form under the heads of Income From Business Or Profession. NUMBER SEVEN Net ineome, upon which the income tax is assessed, is gross income less certain specified deductions for business expenses, losses, contributions, bad debts and soforth. A storekeeper may deduct as a business expense amounts spent for rent of bis place of business, advertising, premiums for insurance against fire or other losses, cost of water, light and heat used in bis place of business, drayage and freight bills and the cost of maintenance and repair to delivery wagons and tracks and a reasonable allowance for salaries. A professional man, such as a lawyer, doctor or dentist, may deduct the cost of supplies used in his profession, expenses paid in the operation and repair of automobiles used in making professional calls, dues to professional journals, office rent, cost of water, light and heat used in his office and the hire of office assistants. The fanner may deduct as necessary expenses all amounts actually expended in carrying on the business of fanning, each as amounts paid in the production and harvesting of his crops, cost of seed and fertilizer used, eoct of minor repairs to farm buildings and cost of small tools used np in tbs course of a year or two. The cost of farm machinery, equipment and The revenue three-fourt- one-fourt- hs h one-ha- lf one-ha- lf WANTED ORGANIZATION PrelimHUNTINGTON, Jan. Yon coffee users to know that inary to perfecting a fanners organisation to carry on agrimy cereal coffee substitute is the best in tbs world and can bo cultural enterprises, the commercial bad for eight (8) cents a pound. rlub here held a sjiecial meeting on Stop paying fifty cents a pound Thursday night, when reports from for coffee. Write today. the various project committees previously apKiitited were heard, recommending such. Orson P. Madsen, farm demonstrator for Carbon and Emery Forest Grove, Ore. counties, was present and spoke in farm enterfavor of prises. A committee on organisation was ajifMiintcd with Paul L Nelson, The per capita wealth uf the United high school principal, as chairman. A stntes in 1924 was $40.00 as against meeting will be held next week to or- only $13.45 in 1900. In 1914, just beganize a branch of the farm bureau. fore Ibe world war, it was $18.95. The wealth today is $1.500,' 000,0011, total Invention lias provided a way by to the director of tlie Unitaccording which the blind may see moving States ed mint, and is growing very pictures. And yet there are those who rapidly. miracles is past. say the day of Motor cars will he finished in much The trouble with the average man who casts his bread on the water is brighter colors this season, according thnt be exfiecls it to come back in the to a trade magazine. It will also be nicer to Iip hit liv a pretty one. form of C8ke. 31. Mark Hetrick OF IX THE DISTRICT COURT CAU-I'O- ii County. State of Vtah In He Estate of David Crawford. leceased. Notice to Creditors. Creditors in tlie estate will present claim with vouchees attached to the undersigned at the law office of ltraffet At Fnlter-soTavern building. 1rice Vtah. tin JESSIE or before April 10, 1925. C 1 A V Co H D, A d mi nist ra tr i x. Firi-- l pub., Jan. 30; last Feb. 20, 1925. n. 1 m NOTICE TO CREDITORS ESTATE of Frank Vino. Dei eased. Creditor will present claim with voucher to the undersigned at Sunnyside. Vtah, on or before the 21st day of March, 123. (.11 LIS REUNAKP 1. Admin istrator of the Estate of Frank Vino, Deceased. Henry Ruggerl. Attorney For Administrator. First Pub., Jan. 16; lust Feb. 6, 1925. We Want Your 1 NOTICE T CREDITORS ESTATE of (lust Theodoras. Deceased. Creditors will present claim with voiuh-er- s tu the undersigned at Rox 361. Hiawatha. Utah, on or liefore the 23d dav of March. A. D., 1925. THEODORE VASILlOr. Administrator of the Estate of Oust Theodoras, Iteoea-eO. K. Clay, Attorney For Admind. istrator. First pub., Jan. VALUES WITH US isfied customer. sad Buanyidds. Gate q 23; last Feb. 13. 1925. NOTICE TO CREDITORS ESTATE of Hurt Cibrario, Deceased. Creditor will present claim with voucher to the undersigned at Price, Itah, on or before the 15th day of April. A. 11., 1925. DOMENIC CIBRARIO. Administrator of the Estate of Bart Cibrario, Deceased. Henry Kuggerl, Attorney For Administrator, Price. Vtah. First pub., Jan. 30; last Feb. 20, 1925. Parity Service Stall' ? STANDARD COAL d. ministrator. First pub., Feh. I; last Feb. Mined In Carbon County ui W" Shipped Everywhere 27. 1925. STATE EX LINKER'S OFFICE, SALT Lake City, Vtah. Feh. 2. 1925 Notice 1 hereby given that K. B. Jorgensen. whose postoffice address is Salt Lake City, Vtah, hss made application In nrcordiince with the requirements of tlie Compiled lwa of Vtah. 1917. ns amended by the Session Laws of Vtah, 1919, to appropriate ninety of water from Fish thousand acre-feCreek In Carbon county, Vtah. S.ud w;itcr Is to Iu stored in n reserioir, the center of the impounding ihim of which curs mirth 71 deg. 57 min. east fo.-from tlie southeast corner oi Sec. 9. Tw p. 12 South. Range 7 East. Lake meridian. Said water wilt lie iv leaned front the reservoir nt the center of tlie impounding dam mid to flmv down i'lsli Creek to its Jen lion with the Price riter. tin'll' i town 1rlco fixer to the Intakes of ihe following Canute: Rryncr ditch, Oher- to ditch. Slow-il- l ditch, Spring (lien eiinat. Price Water company can.il. i Pioneer Diti h No. 1 and No. 2, Carbon Lind Water and Power rotnpnny canal. Wellington canal, Tidwell ditch. Snyder ditch, Farnhnm ditch nt which pointa the water will lie redlvertcd and conveyed by means of the various named canals and used from March 1st to Iiecember 1st of each year a a supplemental supply to irrigate fifty-fiv- e thousand acres of land embraced et 1 Properties At Standardville, i "-- i !T '4 Utah b" . V- - No Dust , No Ashefil No Clinkers . t t 8. In NWGJ NWV4. Ree. 19; S4 NW4 NWVt. Sec. 20: 8WV4 Sec. 29; all Ree. S1:'W4 MVq, Rnc. 32: all in Twp. IS South. Range 10 East; W4RW14. Sec. 12; WU, RE Vi. Rec. IS; NV4 NW4, 8F.V4 PWi. WV4 HEV4. See. 24; F.4, NEH NW4. Sec. 25; NE4, N4 RE 14. SKV4 RWV4, Sec. 30, Twp. 13 South. Range 9 East; EV4, NE4 NW Vi . Sec. 1; EH. Sec. 12, Twp. 4. li. 14 Unexcelled For Storage Purposes. STANDARD i 1 COMU CO. 9 . BALT LAKE CITY UTAH I..J Offices Ninth Floor Keanu Bldj. al p-Gener- Spring Canyon Vj( Coal Co. on W, Ni. Rec. 0; all Rec. 7: SWV4. Nli RICIJ. Rec. 18, Twp. 16 Rnuth, Range 11 East: all Sec. 17; RW14, 8W14 SE4 . Ree. 10; RWS, Sec. 5; Nli. See. 19; Nli. Sec. E4. Rec. 21; Nli. Sec. 22. Twp. IS South, Range 11 nil in Salt Lake base and merEnrt, idian. This application is designated In the state engineer's office as File No. 9594. All protest against the Sli. granting of said applleatlon. stating the reasons therefor, must he made by affidavit in duplicate accompanied with a fee of 81.00. and filed In thl offlre within thirty (30) day after ths completion of the publieatlon of this notice. LLOYD GARRISON, State Engineer. Date of first publication Fell. 8. 1925; date of completion of publication March 0. 1925. IX TIIF1 DISTRICT OOVItT OF THE Seventh Judicial District, In and For the County of Carbon. State of Vtah Flora Hughes. Plaintiff, vs. Fred Hughes, Defendant. Summons. Ths State of Utah to the Said Defend- Miners and Sliippm of th I. Celebrated Spring Canyon ' 7 s Coal 1 Mins at STORKS, UTAH Ganaral Office. 817 NawhooM Building. Salt Lak City, Utah. I"? 5bffl ABERDEEN COAL mGIIEST EFFICTEXC1 Vi Government equivalent 2104 PL Unequalled for storage. Will MJTI lack. The best of eteemlng a, heating qualitl Independent Cod Coke Co. P Mines at Kenilworth, Utah General Office in the WiMi Bank Building. Belt Lake (Sty. t Al tel Mlvi FLOURE t Foi.yonr family 'Frida of Ik Valley mada right hero et Pri udM good as the beat Feedfr ant: You are hereby summoned to appear within twenty days after the service of this summon upon you if your animals. Both these atk served within the county In which thl coat. Wo deliver. Y action Is brought, otherwise within thirty dsys arter service and defend Farmers Min and Elevnt, the above entitled action, and in cane of your failure so to do judgment will i g Company be rendered against you according to the demand of the complaint, which J. WILBUR BURNHAM I JV ha been filed with the clerk of said Manager. court. This action in brought to dissolve the bonds of matrimony now existing between you and the plaintiff. O. K. CLAY, Plaintiff's Attorney. Hi What the congressional Address, Price, Carbon County, needs to brighten it up is a good State of Utah. i First puh., Jan. 30; last Feb. 17, 1125. atrip and a crossword puzzle, Slick streets are dangeron The older yon prow the morp your combined with speed, they are respect for age increases. times fetal i . Wedding announcements. TBWam ? I ce u . BT" M i Corner Main end Eighth Btnq PRICE, UTAH NOTICE TO CREDITORS ESTATE of John Paarodaki. Also Known As John Psaroa, Deceased. Creditors will presnt claims with voucher. tp the undersigned at Price, Vtah, on or before the 10th ddy of April, A. I)., 1925. RT Y1.I AN OS RTAGOPOULOR. Also Known A Rtyllan Htaes, Administrator of the Estate of John Psarouda-ki- s. Also Known As John Psaros, O. K. Clay, Attorney For Ad- Post-offi- WASATCH STORE CO. Wlatar Quarters, Clear Creek, Oastls Drive time. 2: We feel that we have fulfilled our obligation to the people of these trading centers by providing good merchandise at reasonable prices and by constantly telling them in our weekly advertising talks. Lincoln, the great student of human nature, knew that if you do well by the people and give needed service yon will get their support. We take no angelic credit for being honest with our customers, but we do know that oldfashioned honesty, translated in the light of present day business standards, pays the merchant who gives real values. You will find the very best that we know how to provide in every line of merchandise we handle. The final test is to come and see for yourself. We carry such a variety that you can find most anything you want in our store. Everything to eat, wear and use. Tr Yes sir, we stand back af 1 gallon of oil or gas we Kjfj are solicitous of you age, not only today, but tf time. Therefore we mu . you gas and oil grease aod case and transmission geg, vice that will make yoiiJ South. Range 9 East: W4, SKV4 , Sec. 6; all See. 7; 848WV4. NWV4 RWVJ. fiVV4 REV4, Sec. 3; all Sec. 18; MV 14 NEVA, Rec. 19; SEV4. B4 NEV4. NV4 XE14. Rec. 17; BWVi, Sec. 15; all See. 20; Sft. Sec. 21; all Sec. 22: Wtt Wtt, El SW14, Ren. 23; S4. 8V4 NW14, KWH NW4. Ree. 25; all Rees. 20. 27. 28; NE14, NEVi PE Vi. Rev. 30; Eli. NW14, Eli SW14. NW14 RWVi. Rec. 29: nil Sec. 32: all Sees. 33. 34. 35: Eli NIC 14. NW14NK14. NE14 RE 14, Sec. 30, Twp. 14 South, Range in East: all Rei-a- . 1. 2, 3: Nli, Nli RE14. Sec. 4: Nli N1VU. Sec. S; Rli RE1, Sec. 9; Eli. SW14. Sec. 10; all Secs. 11 to M. Inclusive; Eli, Eli Wls. See. 17: NE14, Nli NW14. RE14 NW4. Nli SE14, RE14 RE14 , See. 21; all Seca. 22 to 27, Inclusive; all Sera. 34, 35, 36. Twp. 15 South, Range 10 East; all Secs. 1, 2. 3; NE14. Sec. 10; all Sec. 11, 12, 13, 14; Nli, Sec. 23; Nli. See. 24, Twp. 16 South. Range 10 Wli WVi. Sec. 27: all of Secs. Radio programs that get yon up Crossword puzzles have been of East; 28, 29: Sli, Sen. 30; all Sec. 31; Eli early in tlie morning instead of keep- some value. They have taught a lot SW14, BE 14, Sen. 32: all Sec. 33; Wli, ing you up all night would be more of people that Daniel Webster didn't Sec. 34. Twp. 14 South. Range 11 Kart; WVI. Sen. 3: all Sei-s- . 4 to 9. inbeneficial if not popular. write the dictionary. clusive: MVS. Sec. 1ft; Wli NWS, RE 14 NW14. 8W14 NE14, Nli PEVi, Rec. 10; nil Rees. 17 to See. 21, inclusive; RW4 . RW14 RE 14. Rec. 22: all Rees. 28. 29. 30. 31; NW14. NW14 RWM, Rec. 32: nil Rec. 33. Twp. 15 South. Range 11 East: BW14 NWS, e a 'PR lMJUllATE AND GUARDIANSHIP Notices Consult County Clark Or Signer For Further The Boa. Wadding announcement; The |