Interest from municipal bonds is exempt from federal income tax. Interest from Treasury bills, notes and bonds is exempt from state income taxes. Other forms of interest income is taxable as regular income. Interest paid by corporations to bondholders is a tax-deductible expense to the corporation.
VERA: Season 4. Airs Fridays, July 31, Aug. 7 & 28 & Sept. 4, 2015 at 10 p.m. on KPBS TV. Above: Multi-award-winning actress Brenda Blethyn as DCI Vera Stanhope, and David Leon as Sergeant Joe Ashworth in the fourth season of VERA.
1 of 54Beth Howland. Beth Howland, who starred on the CBS sitcom Alice, died on Dec. 31, 2015. Her husband, Murphy Brown star Charles Kimbrough, didn't reveal that the actress had lost her battle with lung cancer until May 2016 to comply with Howland's wishes. Howland starred as the high-strung waitress Vera on Alice for nine seasons in the '70s and '80s.