1. What are some strategies that you can use to prepare to file taxes each year? What would be the benefits of these strategies? 2. What are the benefits of taxes for societies and individuals?
3. How do taxes influence responsible financial planning? Discuss some examples of how taxes may influence a financial plan.
4. What are four types of taxes that you pay (or are likely to pay in the future)? Describe these types of taxes.
5. Find a tax return form and practice filling it out, using either your own information or that of a hypothetical person. What are some of the challenges in filling out a tax return?

When selecting stock, some financial experts recommend to look at the opening price go with what you know examine the day’s range, earnings per share, and p/e ratio divide the dividend by the asking price

If a company’s employees are angry about their work, a visiting auditor may also become agitated, illustrating the power of

Daniel owns 100 shares of abc corporation's common stock. abc uses the fair value option, and recent declines in the firm's credit rating have caused the value of the firm's outstanding bonds payable to drop by 10%. daniel feels this is good news, but he wants to know what you think about the situation. which of the following represents your best response? a : "this situation may be positive for you in that the change in abc's credit standing indicates that the value of the firm's assets is likely increasing. however, the drop in bond value may negate any positive effects on your bottom line, because it means your claim on the firm's assets is simultaneously decreasing." b : "actually, this is bad news all around. the drop in the value of abc's bonds payable means shareholders' claims on the firm's assets have decreased. moreover, abc's declining credit rating means that the firm's assets are probably also dropping in value, thus magnifying your losses even more." c : "on the surface, this seems like good news because it means your claim on the firm's assets has increased. however, the drop in creditworthiness may also indicate that abc's assets are declining in value, thus offsetting any gains associated with the drop in bonds payable." d : "you're right! this is good news because it means that abc's debtholders have a decreased claim on the firm's assets. as a result, the firm's existing shareholders"like you"have seen their claim on the firm's assets increase."