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.
1 Multiply your monthly income by the decimal to get your pay after taxes. 2  You can calculate either your monthly or annual pay in this way. 3  If you make $2800 a month and fall in the 30% tax bracket, your decimal equivalent is .7. 4  Multiply $2800 x 0.7 to get $1960 a month. Look at your pay stub to find out how much is deducted for these expenses each month. 2  To get an annual figure, multiply the monthly payment by 12. 3  Subtract it from your annual income. 4  For example, if health care costs you $150 a month and you're putting $200 into a 401(k), that adds up to $350. 5  $350 x 12 = $4200.