Week 1: The U.S. Tax System
-Explain where income taxes are collected from and how they provide revenue for public expenses
-Describe how the progressive tax code, current tax brackets, and different taxes between states lead to individuals paying varying amounts of taxes
Week 2: Important Tax Forms
-Distinguish between common IRS forms and determine when and how each form is used in the tax cycle
-Explain the purpose of a W-4 and how withholdings impact your paycheck
-Carefully read the details of a W-2 form
Week 3: Do I Need to File a Tax Return?
-Understand the factors that determine whether or not someone has to file a tax return
-Explain what a dependent is and establish if they can be claimed as a dependent by someone else on their tax return
-Determine whether someone has to file a tax return based on their specific situation
Week 4: Filing Your Taxes
-Identify what they need to file their tax returns
-Distinguish tax credits from tax deductions and understand how they can lower their overall tax burdens
-Complete a 1040 form to file their tax returns
-Explain how to pay back any taxes they owe or how to maximize a tax refund
-Identify fees and penalties they will incur if they fail to file a tax return or pay back taxes owed
Week 5: Dive Deeper Into Taxes
-Decide when it is best to itemize their deductions and when to take the standard deduction
-Differentiate between employees, contractors, and freelancers, and how that status affects their taxes
-Understand the tax implications of taking on multiple revenue streams
-Choose which types of investment accounts are best for their current and future tax situations

I am from the United States and have been teaching various business, marketing, and finance courses for 13 years. I have taught both at the high school and collegiate level. I teach both in person and online but online is my favorite! I have a Bachelor's degree in Marketing and Business Information Technology Education, a Masters in Business Administration and a PhD in Online Education. 
I am very excited to work with all of you through Outschool!

Homework Offered
Assessments Offered
Exit ticket at the end of the lesson.
Grades Offered