We just received our early release version of our 2007 tax software. With all of the tax changes in the state legislature, I wasn't quite sure whether the state was using the credit/flat tax system, dual system, or the traditional system for 2007. In case anyone else was wondering the state is using the dual system for the 2007 tax year. It is pretty incredible how not-beneficial the flat tax is to me.
Traditional 100 dollars of tax
Flat 2458 dollars of tax
December is pretty boring in the tax world. I'm thinking of asking my boss to lay me off for the month of December.