Tuesday, January 5, 2010

Tuesday, Janaury 5, 2010

Personal Finance: We began a unit yesterday on "Understanding Taxes". By the end of this month, students will be able to complete and file a 1040 tax return. We took notes to introduce the topic and discussed a little about the history of our system of taxation and where our tax dollars go. I reminded all college bound seniors to also "nudge" their parents to have their taxes done, so that they could jump on the FAFSA as soon as possible. Financial aid is on a first come first serve basis, so you want to go to www.fafsa.gov, request a PIN, and get going on the FAFSA. We worked today on Modules 1-3 under Tax Tutorials on www.irs.gov/app/understandingTaxes/student/index.jsp. We will review tomorrow and test on the first three of the fourteen modules on Thursday.

Introduction to Business: Yesterday, we discussed entrepreneurship in class guided by section 6-3 in our text. Today, students broke up into small groups to prepare for a project. Each group had to come up with 10 in-depth questions that they would ask a small business owner. This assignment was due today and will be graded. The project will involve interviewing a local business owner based on these questions. If you were absent today, you will have to work by yourself to come up with a list of 10 questions to pose to a local entrepreneur and turn it in.

No comments: