Tuesday, April 14, 2015

Tuesday and Wednesday April 14th and 15th

Class began by reviewing deflation as an economic factor.

Then the class began an examination of United States Tax Policy as well as tax practice.

We noted that once a job is offered employees will have to complete:
Form I-9
Form W-2
then employees will receive a pay stub
and then a
W-4

Students saw examples of these documents.

Next the class examined how to complete Federal Tax form 1040ez using a mock W-4.

The class compared form 1040a to the 1040ez then form 1040 and Schedule A to both.

The class looked for evidence of Federal Tax policies in the various documents noting a support for marriage; home ownership; and for owning more expensive homes.

Examination of Tax Policy will continue next class.

No comments:

Post a Comment