Internal Revenue Service
Module 1: Payroll Taxes and Federal Income Tax Withholding
Students complete lessons and worksheet to identify the different types and uses of payroll taxes. They examine how federal income taxes are used, determine the difference between gross and net pay, and determine how employers withhold...
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...
The New York Times
Understanding the Mathematics of the Fiscal Cliff
What exactly is the fiscal cliff? What are the effects of changing income tax rates and payroll tax rates? Your learners will begin by reading news articles and examining graphs illustrating the "Bush tax cuts" of 2001 and 2003. They...
Curated OER
Taxes in U.S. History: The Social Security Act of 1935
Students explain the history of the Social Security Act and the FICA tax. They describe what Social Security is and whom it is intended to help. They explain the purpose of the FICA tax.
Visa
Nothing But Net: Understanding Your Take Home Pay
Introduce your young adults to the important understanding that the money they receive from their paychecks is a net amount as a result of deductions from taxes. Other topics covered include federal, state, Medicare and social security...
Curated OER
Employee Payroll Simulation
Students simulate creating and calculating employees payrolls using hourly wages, deductions, and proper taxes.
Curated OER
Accounting -- Preparing Payroll Records
Learners review preparation of payroll records and practice these skills while playing games on the computer. They follow a student outline and complete online activities and quiz.
Curated OER
Taxes: Where Does Your Money Go?
Students study taxes and the role that they place in our lives. In this economic lesson, students explore the reality of taxes, how they work, why we pay them, where the money goes and how to make the most of the money you pay into taxes...
Curated OER
Reading A Pay Stub For Paryroll Deductions
Students identify and explain the various payroll deductions that are taken to pay for a variety of government services and company benefits. This instructional activity is intended for students acquiring English.
Curated OER
Payroll Deductions/ Sequential Order of Words in a Sentence.
Students who are adult ESOL learners examine pay stubs and determine how payroll deductions are spent on services and company benefits. While looking at a pay stub they complete a worksheet. They focus on the proper sequence of words in...
University of Missouri
Money Math
Young mathematicians put their skills to the test in the real world during this four-lesson consumer math unit. Whether they are learning how compound interest can make them millionaires, calculating the cost of remodeling their bedroom,...
Visa
Making Money
From evaluating the current employment market to building a resume, pupils are introduced to the wide and varied elements of career planning.
Practical Money Skills
Making Money
The first step in managing your money is making money! Learn about ways to find and interview for a job with a thorough lesson plan on personal finances. Kids learn about the ways to earn a paycheck and then manage the funds they receive.
Curated OER
Money Math
Young scholars define human capital and income earning potential. In this algebra instructional activity, students analyze the relationship between income and capital resources. They calculate tax rates and understand how to read a tax...
Curated OER
Making Money
High schoolers consider career options. In this career planning lesson, students practice job interviewing skills, examine payroll checks and discuss employee benefits.
Curated OER
Reading A Pay Stub
Young scholars complete the included activity sheet related to reading a pay stub and calculating deductions. Once the activity sheet has been checked, students demonstrate their knowledge of the vocabulary associated with the lesson...
Curated OER
Financial Literacy - Income and Deductions
Students examine payroll process, determining ones income, deductions taken out of paychecks (taxes, insurance, charitable contributions, retirement), fixed and variable expenses to expect and money management.
Curated OER
Maintaining Employment ESOL
Students discuss how Payroll deductions are used to pay for a variety of government services andncompany benefits. They practice reading a pay stub and writing amounts of money.
ProCon
Social Security Privatization
Should Social Security be privatized, or is the government program fine just the way it is? Scholars read pro and con arguments and watch videos to learn more about the debate topic. Pupils also have an opportunity to interact with other...
Curated OER
TV ATTACK ADS AND THE VOTER
Students read about the history of negative political advertisements in U.S. elections. In this politics instructional activity, students view several ads for opposing candidates and analyze and discuss the content. Students write...
Curated OER
Money Math: Lessons for Life
Students develop a budget for a college student using all of the influences that the student would have. In this budgeting lesson plan, students use real life examples to create a budget spreadsheet. Students read and study sample...
Curated OER
Cartoons for the Classroom: Explaining Social Security with a Metaphor
In this current events worksheet, students analyze a political cartoon about Social Security. Students then respond to 4 short answer questions.
Curated OER
Social Security Hits First Wave of Boomers
Students explore the concept of social security. In this social security lesson, students read an article about social security and whether or not it will last. Students discuss ideas on what to do when social security runs out. Students...
Curated OER
Doctor's Dilemma: Advocacy for Whom?
Students investigate why doctors feel torn between patients and insurance companies. They examine the health care system and how it affects patients. They discuss one's ability to afford health insurance as well.