Curated OER
The Five W's of Tax Day
Use April 15th to teach your students the fundamentals of the American federal tax system.
Curated OER
Module 13-Electronic Tax Return Preparation and Transmission
Students explain the electronic preparation and transmission of tax returns. They describe the ways to prepare and transmit tax returns and explain the benefits of electronic tax return preparation and transmission.
Internal Revenue Service
Understanding the IRS: The IRS Yesterday and Today
Pupils explain why the Internal Revenue Service was instituted, how it functions, how it has changed over the years, and the ways it helps taxpayers today.
Curated OER
The Politics Of Taxation
Students explain that taxation involves a compromise of conflicting goals and that lobbyists can influence lawmakers' decisions about taxes. They can explain why people of similar incomes often pay different tax rates and work in teams...
Curated OER
Good News and Bad News: Income and Taxes
Students examine Internal Revenue Service (IRS) Form 1040, citing particular line items that are pertinent to an artist acting as an entrepreneur. They explore various sources of income and the importance of keeping accurate income records.
Curated OER
Module 8-Tax Credit for Child and Dependent Care Expenses
Students explain the tax credit for child and dependent care expenses. They distinguish between a tax deduction and a tax credit. They see how the tax credit for child and dependent care expenses affects the tax liability.
Curated OER
Module 12-Self-Employment Income and the Self-Employment Tax
Students explain self-employment income and the self-employment tax. They distinguish between an employee and an independent contractor and explain how to compute and report self-employment profit.
Curated OER
The Wealth Tax of 1935 and the Victory Tax of 1942
Students explain that during the Great Depression and World War II, the Roosevelt administration implemented new, broader, and more progressive taxes in order to cover the costs of the New Deal programs and the war.
Curated OER
Methods of Filing
Students explain the methods of filing tax returns and the advantages of preparing and transmitting tax returns electronically. They identify the return method that is most appropriate for certain taxpayers.
Curated OER
Regressive Taxes
Students explain that regressive taxes can have different effects on different income groups. They see how a regressive tax takes a larger share of income from low-income groups than from high-income groups.
Curated OER
Fairness in Taxes
Young scholars identify and describe two criterion of tax fairness: benefits received and the ability to pay and distinguish between wealth and income as measures of ability to pay.
Curated OER
Filing Status
Pupils examine then discuss the rate at which income is taxed and the five filing statuses. They complete online simulation worksheets then they answer a list of questions.
Curated OER
Bookkeeping 101
Students state the important questions that must be answered through the use of expense records. They design and test a method for recording business expenses.
Curated OER
The Artist as Entrepreneur: Is this a Hobby or a Business?
Students discover the IRS codes and criteria for establishing their art activity as a business rather than a hobby. They develop ways to demonstrate that their art activity is actually a business venture as classified by the IRS.