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Revision as of 20:11, 13 August 2026


A disgruntled ex-employed call the state, reported my family's glass business for sales tax evasion. One of many local state sales tax auditors called to schedule some time to pore through our books.

A personal exemption reduces your taxable income so you find yourself paying lower taxes. You most likely are even luckier if the exemption brings you with a lower income tax bracket. For the year 2010 it is $3650 per person, equal to last year's amount. In 2008, was $3,500. It is indexed yearly for air compressor.

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