Definitions
Something desirable, worthwhile, important. Influenced by family, friends, etc.
Value
Made in America.
Patriotism
E.F.C.
Estimated Family Contribution
Most common method of being payed.
Paycheck
You can be taxed on what you ____, ___, and ___.
Earn, Buy, Own
The voluntary giving of help or aid.
Charity
Buy one get one free/something extra.
Bribery
C.O.A.
Cost Of Attendance
The length of time for which an employee's wages are calculated.
Pay Period
Amounts that can be deducted from taxes owed.
Tax Credits
A desire or hope for something to happen.
Wish
Positive words without the guarantee.
Weasel Words
I.R.S
Internal Revenue Service
A document included each pay period which outlines paycheck deductions.
Paycheck Stub
A part of income on which no tax is imposed.
Tax Exemptions
A limited amount of resources to meet humanity's unlimited wants and needs.
Scarcity
Be the first one to have it.
Avante Guard
Federal Insurance Contribution Act
Place to record all monetary transactions for a checking account in a month.
Checking Registry
A set amount that anyone who has unclaimed can use to reduce their taxable income.
Standard Deduction
The value of the next best alternative you gave up when you selected a different choice.
Opportunity Cost
Show the product working in action.
Transfer
F.A.F.S.A
Free Application for Federal Student Aid
Total of all the deductions which have been withheld from an individual's paycheck from January 1 to the last day of the pay period indicated on the paycheck stub.
Year-To-Date
Build and repair infrastructure, fund pensions and benefits of government workers.
Federal Income Tax