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

Defining An Activity Cost Driver

An activity cost driver is anything that causes a company's variable costs to either reduce or grow. Since measuring an activity cost driver is a way to streamline the administration of managing production costs, it’s an integral part of activity-based...

Tax Needs: Startup Businesses

StartUp Business Photo by Jud Mackrill on Unsplash Entrepreneurs across America believe in the beauty of starting their own businesses. However, the startup and the taxes often cause people to stop in their tracks. Don’t fret! We want you to excel and...

Understanding the Equity Multiplier

Whether you are an investor, an owner, or an internal financial analyst, understanding how the equity multiplier works and how to interpret it is a helpful skill.Defining the Equity MultiplierThe equity multiplier is a metric that tells the user what percentage of the...

5 Private Equity Predictions for 2026

For private equity investors, 2026 is going to be a good year. Financing conditions are stabilizing, interest rates are decreasing, and valuations are beginning to reset. Further, these firms are moving to growth-at-any-cost strategies, deeper diligence, and more...

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...

Cryptocurrency

Interested in Cryptocurrency? Heard of it but don’t know where to begin or how it might affect you? Cryptocurrency or crypto is probably something everyone is vaguely familiar with. At least most media outlets have discussed the terms along with the big businesses...

What is the American Jobs Plan?

Last time we talked about the American Families Plan in our last post. You can read it HERE. But now we are going to talk about what the American Jobs Plan is. New presidents bring new administrations and they bring new policies, budgets, and proposals. In May, the...

Student Loan Relief Package

Loan Relief Photo by MD Duran on Unsplas With 2020 being a pandemic year, the government understood that many individuals lost their jobs and couldn’t make payments to their loans. So they created a student loan relief package. Last time we talked about the Low Down...

Tax Payments Schedule for 2021

Here is the schedule for Tax Payments for 2021. Not everyone has a regular job and elects to have taxes withheld each paycheck or deposit. If you’re self-employed, paying alimony, have rental properties, etc. you probably aren’t paying a traditional withholding and...

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...
Google
4.7
★★★★★
69 reviews