Warm ups

Warm up quiz: (no notes)
1. What is federal income tax used for?
2. What is state income tax used for?
3. What is FICA used for?
4. What is exempt from withholding?
5. What is a w-4 form?
6. What is net pay?
7. What are two factors used to determine your FIT?
8. Jake makes $350 is single and claims 1. What is his FIT? (page 642-643 in book)
9. Jodie makes $300 is married and claims 0. What is his FIT?
10. What is gross pay?

Agenda October 19, 2010

1. Review packet for chapter two.
2. Review Infinite campus for any missing work.

1. Read this link: Teens Read only the introduction and a snapshot of the teen. Post three things on your blog that you learned about from the article. Label it teens and marketing. Do you agree with what they are saying about teens? Explain.
2. Review federal income taxes and state income taxes.
3. Social security
4. Group insurance.

Agenda October 4, 2010

1. Paycheck deductions-Federal Income Tax
2. Paycheck deductions-State income tax
3. What is a W-4. Fill out a W-4 form.
4. Review of advertising.
5. Reminder about progress reports and budget. Share with me through google docs.