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Revision as of 11:05, 12 May 2026
One more week until Tax Entire day. Have you filed yours yet? I haven't (probably should onboard that, actually), also using the I read in USA Today that roughly 47% of Americans won't even have to worry about paying federal income taxes, I start to wonder if I should even bother. Oh sure, there's the threat of prison time for tax evasion, but really, what is the point if half the damn country isn't going fork out up and log off scot-free?
B) Interest earned, despite the fact that paid, during a bond year, must be accrued after the bond year and reported as taxable income for the calendar year in the fact that bond year ends.
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