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 Subtract the total taxes from your income to get your net annual income. 2  Sticking with the previous example: if your gross income was $50,000, you had $5,000 in deductions, and you deducted another $2,000 for retirement, your taxable income is $43,000. If your employer takes out taxes, look at the total amount before the deductions. 2  This is your gross pay for the period. 3  Figure out how often you are paid, and multiply the gross pay accordingly. 4  If you're paid monthly, multiply the number from your pay stub by 12 to get your gross annual income.