Edenborn, in 1909, named the town Sorrento after Sorrento, Italy where it is claimed he took his young bride for their honeymoon. The first postmaster of the town of Sorrento was Willie Everrett, followed by Joe Gravois in 1915 and Sidney Chauvin in 1925.
Annualization of Income: In order to annualize a taxpayer's income, you may use the income realized by the decedent, divided by the number of days or months the taxpayer lived and multiplied by 365 days or 12 months.
HUD defines Annual Income as all amounts, monetary or not, which: go to, or on behalf of, the family head or. spouse (even if temporarily absent) or to any other family member; or are anticipated to be received from a. source outside the family during the 12-month period following admission or annual reexamination effective.