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State Income Tax vs. Federal Income Tax Example Consider a single taxpayer who lives in New Hampshire and reports taxable earned income of $75,000 a year plus interest income of $3,000 on their federal tax return. State Taxes We'll start with the state income taxes. New ...
State Income Tax vs. Federal Income Tax It is important to distinguish between the definition of income tax and federal income tax. In the U.S., governments at the state level may also levy income taxes. These are in addition to federal income taxes. ...
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Needless to say, I’m sure that the growth of the NSC bureaucracy wasn’t accompanied by staffing reductions at the Department of State, Department of Defense, or any other related box on the ever-expanding federal flowchart. Whenever I read stories like the two cited above, I can’t help...
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Federal vs. State & Local Fleets GSA-Provided Remarketing Vehicle disposal for both agency-owned (civilian) and agency GSA-leased vehicles is nearly always handled by GSA, which operates auctions for sales to the public. By regulation, GSA offers an “exchange sale” program whereby proceeds...
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