This website uses cookies to ensure you get the best experience on our website. Privacy Policy OK

Taxes and Paychecks

| See more in Finance


Created Date 04.29.19
Last Updated 04.29.19
Viewed 17 Times
Your browser doesn't support HTML5. System.Collections.Generic.List`1[System.String] System.Collections.Generic.List`1[System.String]
submit to reddit

Would you like to build your own game?

It's easy!

Go to the GameBuilder and get started!

Topics of this game:
  • national legislative body of U.S. consisting of the Senate and House of Representatives as a continuous institution
  • Internal Revenue Service; federal bureau which collects taxes every year and turns the money over to the Treasury Department to cover expenses of the U.S. government
  • executive agency responsible for promoting economic prosperity and ensuring financial security of the United States
  • amount, based on percentage of one’s taxable income, paid to the U.S., and in some cases, to the state in which one lives
  • amount, based on a percentage of a purchase, paid to the state and local governments in which one lives
  • amount, based on a percentage of property value, paid to the local governments and school districts in which one lives
  • tax, similar to a sales tax, imposed on some goods
  • amount, based on the value of one’s estate, which one’s heirs or beneficiaries will pay to the government upon one’s death
  • tax imposed on the transfer of money or property from one living person to another by gift, payable by the donor
  • person who relies on another for financial support
  • amount deducted from a paycheck by an employer on the employee’s behalf to pay federal income taxes based on the number of personal allowances claimed
  • Federal Insurance Contributions Act; a Social Security retirement tax
  • amount of income before taxes and other deductions
  • program under the U.S. Social Security Administration that reimburses hospitals and physicians for medical care
  • amount of income after taxes and other deductions; also known as take-home pay
  • government program which provides economic assistance to a person faced with unemployment, disability or old age; paid for by a set percentage taken out of one’s paycheck and paid to the federal government during working years
  • monetary credit received on one’s tax return for each person claimed as a dependent
  • amount paid before commission
  • fixed amount of money paid to a person on a regular basis for services rendered
  • sum of money given to an employee in addition to the employee’s usual compensation
  • payment for work done per hour
  • base hourly wage set by the federal government
  • salary range set by the government for all government jobs
  • payment for additional work done outside of regular working hours
  • amount of money one is paid at the beginning of a job
  • percentage paid of each sale, no base salary is available
  • amount of one’s salary remaining after federal, state and often city income taxes and various other deductions have been withheld
  • working on a contractual basis rather than being employed by a specific company, giving tax and income responsibility to the worker
  • social insurance program which provides unemployment compensation for a limited period to involuntarily unemployed workers