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In 2020, the standard deduction is $12,400 for single taxpayers and $24,800 for married filing jointly. ... “Senior clients often use the standard deduction, but some of them will itemize ...
Other changes include a doubled retirement income tax exemption for seniors, raising the threshold from $6,000 to $12,000, and the application of sales taxes to digital goods and services.
New Hampshire doesn’t tax personal income, but it does have a 4% tax on dividends and interest with a total gross from all sources of $2,400 for individuals. This tax is set to be phased out by ...
William Morgan Cassidy (born September 28, 1957) is an American physician and politician serving as the senior United States senator from Louisiana, a seat he has held since 2015. [1] A member of the Republican Party , he served in the Louisiana State Senate from 2006 to 2009 and in the U.S. House of Representatives from 2009 to 2015.
The Louisiana State Treasurer is an elected constitutional officer in the executive branch of the state government of Louisiana responsible for overseeing the financial operations of state government. The state treasurer is an elected position, with four year terms. The Louisiana State Treasurer is John Fleming, a Republican.
The Commission was created by Article IV, Section 21 [2] of the 1921 Constitution of the State of Louisiana. [3] It succeeded the Railroad Commission of Louisiana that was created by the 1898 Constitution. [4] The commission has five elected members chosen in single-member districts for staggered six-year terms.
An extra tax exemption for first responders will decrease the tax revenue available to school systems and other local agencies, many of which won’t have a say on whether to enact the exemption.
Louisiana is the only state in the U.S. with political subdivisions termed parishes, which are local governments equivalent to counties. Some Louisiana urban environments have a strong multicultural and multilingual heritage, influenced by an admixture of 18th century French , Spanish , Native American (Indian) and African inhabitants.
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