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.
Virginia. Cecil Calvert, 2nd Lord of Baltimore, founded Maryland in 1632. Cecilâs father, George Calvert had received a royal charter for the land from King Charles I. The new colony was named after Henrietta Maria, the wife the king. In November of 1633, about 200 Catholic settlers led by Cecilâs younger brother boarded the ships ARK and DOVE, and set sail for Marieâs Land (later Maryland).