The IRS lets you deduct certain expenses from your gross wages, which reduces the taxable portion of your income. Lowering the amount you pay in federal and state taxes leads to more money in your pocket. Allowable pre-tax deductions are taken off the top of your earnings before taxes are assessed.
King Charles I had approved a request from George Calvert to establish a colony called the Province of Maryland (âTerra Mariaeâ) in 1632. But the Calvert family did not receive the Charter of Maryland until after George Calvert died. Now it was up to Cecil Calvert to establish and govern the new colony. Cecil was well educated, but he had did not have his fatherâs years of experience at governing colonies.
Interesting Maryland Colony Facts: 1  The Maryland Colony's original name was the Province of Maryland. 2  The Maryland Colony was founded as a refuge for English Catholics. 3  George Calvert had been stripped of his title as Secretary of State in 1625 when he declared his Catholicism.