Tax Fact: Money Fun Facts
Alakov469

Today here are some “mOneY fUn FaCts”

Did you know that a penny costs more to manufacture than it’s worth? It costs the government roughly $0.02 to make a single penny!

Did you know that the secret designs on the $1 bill link it to the original 13 colonies? If you look closely at the $1 bill, you will notice a few interesting things tied to the number 13 which is a reference to the original 13 colonies.

For example:

1. 13 different representations of the number 13 on the bill.

2. 13 steps on the pyramid.

3. 13 vertical bars on the shield.

4. 13 horizontal strips on the top of the shield.

5. 13 stars above the eagle.

6. 13 leaves and berries on the olive branch in one of the eagle’s talons, and in its other talon are 13 arrows.

7. On the front of the bill, on the Department of Treasury seal, there are 13 stars above the key.

So, why am I looking up fun facts about money? Well, a wise uncle once told me ” Keep track of your pennies and the dollars will take care of their self”.

We all work very hard for our money. But are we making it work for us?

We invite you to come and sit down with us here at Red Rock Tax & Consulting and let us help you make your hard-earned money work just as hard, if not harder for you! One example of this is through retirement.

Come see us for our free 30-minute consultation, what are you waiting for? Call and make your appointment today. With tax season technically behind us, though we are still here ready to complete your tax needs, let’s get started on making this year the start to your financial success. From all of us here at Red Rock Tax & Consulting; Stay safe, stay healthy, wash your hands and always remember ” You are never too old to set another goal or to dream another dream” C.S. Lewis

Have any questions, give us a call here at Red Rock Tax & Consulting. We are here to help you get through the stress of taxes! We offer a free 30-minute consultation so call us and let’s get your appointment set up 435-635-2494

From all of us here at Red Rock Tax & Consulting we hope you have a spectacular day!

For more Tax Tips make sure you are following us on Facebook where we post Tax Tips every Tuesday.

Also, find out more about us at www.redrocktax.com

Have any questions, give us a call here at Metro Tax & Financial Services.
We are here to help you get through the stress of taxes!

We offer a free 30-minute consultation so call us and let’s get your appointment set up (928) 680-1444

For more Tax Facts make sure you are following us on Facebook

Click HERE for more Tax Facts and Financial News

Suggested Articles

Cybersecurity Best Practices for the Holiday Season

The holiday season is when most people go on shopping sprees and travel. This season also witnesses a surge in online activities in today's digital world. Unfortunately, cybercriminals take advantage of this period to launch attacks. Therefore, cybersecurity should be...

Tax Fact: IRS Warning

The IRS has issued a warning that the criminal world may try to get people's personal information by claiming that they are gathering info for the stimulus checks. This is a reminder that the IRS will NEVER call, text, or email for personal information. Please, DO NOT...

Tax Fact: Taxable Income is BELOW your Gross Income.

Did you know..... Your taxable income is below your gross income. What?? Some taxpayers assume if they make $50,000, they'll be taxed on $50,000 in income---- but this isn't the case. The salary you earn from your employer is called your gross income. You'll need to...

2022: Student Loan Forgiveness + Updated Repayment

Loan Forgiveness Photo by Etienne Martin on Unsplash The current administration has changed the repayment date for student loans to the end of January 2022. But let's look at some other options such as student loan forgiveness Last time we talked about the Student...

Tax Fact: Financial Tips

It's Tax Fact Tuesday!I We would like to share with you some financial tips... some you may have never thought of......When is a good time to focus on your financial health? I am going to say... NOW Get paid what you're worth and spend less than you earn. That may...

Beefing Up Laws for Illegal Immigrants and Preparing for Future Disasters

Laken Riley Act (S 5) – A holdover from the last congressional session, this bill was re-introduced by Sen. Katie Britt (R-AL) on Jan. 6. It is similar to a 1996 law, the Illegal Immigration Reform and Immigrant Responsibility Act, that deports illegal...

5 New Year’s Financial Resolutions You Can Actually Keep

Yep, it’s the end of another year! Chances are, you didn’t keep every resolution you made last year, for example, those goals about working out. (No shame here; we all do this!) However, the good news is that your fiscal goals can be a bit easier to...

Tax Fact: Money Facts

Money is always on our minds. It is either, I need to work to get money or I need money to pay bills, buy food, clothing, and housing. So let's learn so interesting money facts..... 1- In 1920, credit cards were first used in the United States2- There are more than...

Treasury Declares New Beneficial Ownership Reporting Law Will Apply Only to Foreign Companies

The Trump Administration announced it will no longer apply the beneficial ownership information (BOI) requirements of the Corporate Transparency Act (CTA) to domestic companies. This declaration came first via social media, marking a significant shift in policy.Under...

Calculating the CAC Payback Period

The CAC Payback Period looks at how a business needs to recover its investment in attracting new customers. It is especially crucial for companies that are in industries with large marketing and sales costs. It’s an important metric because it helps businesses...