Some taxes, such as Sales Tax and State Unemployment Tax were not included. They might be added later. If you were to live in Texas, there would not be a State Income tax; if you lived in Alaska the State would pay you instead of you paying State Income Tax; if you were living in…
Tag: federal
IRS issues notice on state and local tax deductions
The U.S. Department of the Treasury and the Internal Revenue Service issued a notice addressing the deductibility of state and local tax payments for federal income tax purposes. Notice 2018-54 also informs taxpayers that federal law controls the characterization of the payments for federal income tax purposes regardless of the characterization of the payments under state law.
The Cold is to be Expected
With massive corrections to prevent Global Warming it was to be expected that we would have the coldest, iciest winter in a century.