Paycheck/Income
How often do teachers get paid in their salaries?
Once a month
What does IRS stand for?
Internal Revenue Service
What is a Retirement Plan?
Making enough money to retire from your long-term job?
How often do employees get paid in their wages?
Once a week
Not paying your taxes properly leads to....
Tax Fraud
What is 401k?
An employer-sponsored retirement savings plan that offers significant tax benefits while helping you plan for the future.
What is commission?
An amount of money, typically a set percentage of the value.
What are some of the things a W-2 form will have?
Federal income tax withheld, wages, tips, social security wages.
What is the appropriate attire for a job interview?
A suit and tie
What is minimum wage or earned income?
Minimum wage: Lowest wage permitted by law or special agreement.
Earned Income: Money made by self-employment.
What is a 1040?
Tax Return
What soft skills do employers want?
Adaptability, leadership, time management, communication, professionalism
What is Income?
Money received on a regular basis.
What is a tax scam involving the IRS and tax refunds?
IRS Refund Scam