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.
It took almost a century after Jamestown was settled in 1607 for English plantations to be established near the Fall Line of the Potomac River. After 1607, colonial Virginia plantations were established first on the James and York rivers. Early land grants placed hundreds of new settlers along the James, then crept north to the York and the Rappahannock. In 1632 Maryland was created as a separate colony, with a Catholic proprietor.