| A | B |
|---|
| agency in charge of Tax collection and tax law enforcement | Internal Revenue Service (IRS) |
| the amount of pay you receive after taxes and benefits are deducted | net pay |
| the amount of pay before taxes and benefits | gross pay |
| Sales tax and excise tax are both taxes on | consumption |
| natural ability, your interests and passions are all factors that should be considered when | selecting your career path |
| effective personal goals should be these two things | measurable and specific |
| Once you've written your goals down you should | give them a time limit to hold yourself accountable |
| you should have how many mentors throughout your life | more than 1 |
| provide a resume' , present yourself well, follow up with employer | things you should do when applying for a job |
| Pay for services such as roads, education, and social services | taxes |
| day that income tax filings are due in the United States | April 15th |
| this form determines how much income tax should be withheld from your paycheck | w-4 |
| tax pays for benefits that workers and families receive for either Social Security or Medicare | Federal Insurance Contribution Act (FICA) |
| Income generated by selling an investment at a higher price than you paid for it | Portfolio income |
| what types of income are taxed | ALL of it |
| this should be your FIRST priority when picking a profession | do you enjoy it |
| odds are that you will work in how many career fields in your life | more than 1 |
| knowledge and work experience may change but you will not | outgrow who you are |
| how many goals should you focus on at once | as many as you are able |
| in order to achieve the standard of living your parents have it will most likely require you to do this | give it time |
| these are beneficial prior to you choosing a career | early work experience |
| having more of these factors will raise your income and number of job choices | education, and work experience |
| means to be satisfied with your achievements and accomplishments rather than jumping aimlessly from place to place | contentment |
| after an interview you should always | contact the employer to follow up |
| Any income that is generated by working | Earned Income |
| Taxes paid out by anyone who earns an income | Income Taxes |
| The process by which we "market" ourselves to others by highlighting personal strengths, interests, unique qualities, and identifying goals | Personal Branding |
| A brief account of one's professional or work experience and qualifications, often submitted with an employment application | Resume |
| Tax on goods and services that goes to your state or local government | Sales Tax |
| Taxes paid by anyone who owns property such as land, a home or commercial real estate | Property Tax |
| A federal insurance program funded by taxpayer dollars that provides benefits to people who are retired, unemployed, or disabled | Social Security |
| Money earned on a regular basis with little or no effort required to maintain it, i.e., rental income from real estate | Passive Income |
