New Employee Math: 04. Taxation Basics

New Employee Math: 04. Taxation Basics is an elearning course that outlines the two types of income tax and how they affect your tax bracket. Taxes serve a very important purpose in society. We all pay taxes in some way, shape, or form, whether it’s income tax from our paychecks, property taxes on our homes or automobiles, or sales tax on items we purchase. These taxes all go to fund initiatives for the greater good, including schools, roads, libraries, and government operations. In this course, we’ll focus mostly on income tax. There are two types of income tax: earned income tax and unearned income tax. Each is taxed at different rates at federal, state, and local levels.

This course is part of our New Employee Math series. It comes with a video with audio narration, downloadable materials, and a quick quiz. Take this course along with others in the series, and acquire the skills you need to handle work-related paperwork.