Curated OER
Tax Forms and Deductions
Because many of your older students are probably getting their first jobs, it could be an appropriate time to discuss taxes. This presentation defines deductions, types of taxes, purposes of paying taxes, and the forms required to file...
Curated OER
Lesson Plan: Figuring Sales Taxes
Students define and discuss sales tax, identify items for which they do or do not have to pay sales tax, research information online about sales tax in their state, and complete practice sheet that requires calculating sales tax percent...
Curated OER
Taxes
Fourth graders read Stone Fax and explore earning money, saving, credit and taxes. In this taxes lesson, 4th graders complete a worksheet to develop understanding of paying off debts, keeping a checkbook, calculating sales tax and...
Visa
Financial Forces: Understanding Taxes and Inflation
Take the opportunity to offer your young adults some important financial wisdom on the way taxes and inflation will affect their lives in the future. Through discussion and review of different real-world scenarios provided...
iCivics
Taxation
A paycheck stub can offer loads of information on the taxes American citizens pay. This resource not only includes analysis of a stub as an activity, but also provides a wealth of informative reading material on such topics as the...
Curated OER
Government Goods and Services
Fifth graders investigate the connection between taxes and government services. In this economics lesson, 5th graders discuss the process and benefits of paying sales and income taxes. Using calculators, students compute the...
Curated OER
Million Dollar Project
Students calculate how they will spend a million dollars. In this millionaire math activity, students complete a worksheet and then make a poster of how they would spend a million dollars. Each item and its cost must be...
Curated OER
How Can Entrepreneurs Control Costs?
Students calculate fixed and variable costs. In this costs lesson, students read a case study about an entrepreneur and her business costs. Individuals complete the provided worksheets to find costs and make related business decisions....
Curated OER
Income Statement
Students demonstrate the proper way to prepare an income statement. They calculate a company's Gross Profit, Operating Expenses, Income from Operation before tax and Net Income, then determine the company's net income or net loss during...
Curated OER
New Equilibrium Worksheet
In this economics practice worksheet, students respond to 20 questions where they calculate new equilibrium points and label diagrams.
Curated OER
Economics Quiz
In this economic worksheet, students answer 55 multiple-choice questions. Most of the questions are microeconomic in nature but there are macroeconomics questions as well.
Bankrate
Bankrate: Sales Tax: Definition, How It Works, and How to Calculate It
Forty-five states and many local government impose sales taxes on most goods and some services. This article explains the difference between sales taxes and income taxes, and how sales taxes are levied.
Other
The Igen Blog: Ultimate Excise Tax Guide Definition, Examples, State vs. Federal
This is a fairly detailed explanation of state and federal excise taxes designed for the layperson, not for tax experts.
Goodwill
Gcf Global: Percentages in Real Life
Learn how to calculate percentages in real-life situations, from sales tax to discounts to tips.