Tax Fact: Money Facts
Alakov469

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 States
2- There are more than 1.6 million ATMs in the world
3- There are eagles printed on all U.S. currency
4- The United States officially adopted the dollar as its unit of currency in 1785
5- In 2011, Americans spent around the US $61.4 billion on their pets
6- Martha Washington donated her own silverware to make the first U.S. currency
7- More Monopoly money is printed each year than actual money
8- Between 1942 and 1945 nickels didn’t have any nickel in them. The coins were 9% manganese, 56% copper and 35% silver.
9- McDonald’s makes about the US $75 million per day
10- Pablo Escobar had enough cash that rats ate almost $1 billion of his money each year.
11- Abraham Lincoln was the first American to be pictured on an American coin in 1909.
12- Apple earns US $300,00 per minute
13- The U.S. dollar id the most commonly used currency in the world.
14- The study or collection of money is called “numismatics”
15- There are three ways by which Governments can get money:
1) print it
2) borrow it
3) collect taxes from their citizens

So…. with that last fun fact on money… How are you doing with your tax situation? Are you a business owner or are you trying to save for your future? Whatever it maybe we can help you achieve financial freedom. Taxes can be scary and most the time downright frustrating.

Let us help! Call today to set up your appointment.

Why wait until the last minute to figure out what you could have been doing to get you closer to your financial goal. From all of us here at Red Rock Tax & Consulting we hope that you are staying safe, staying healthy, and remember…

“The best way to get things done is to simply Begin”

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

Energy Tax Credit Changes For 2025

The coming shakeup of the executive branch, along with Republican control of both houses of Congress, means tax changes are highly likely in 2025 and beyond. Positioning for new and amended tax provisions is already off to the races.Regardless of the political...

Defining Net Revenue Retention (NRR)

The subscription economy, according to Forbes, is expected to reach $1.5 trillion in revenue for businesses. With the potential likely realized this year, it's vital to understand how it is tracked – and more importantly, how it's able to be tracked on a...

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...

2021 Tax Changes to Benefit You

Here are 2021 Tax Changes that will benefit you. Each tax year, there are refundable tax credits that individuals can qualify for if they’ve earned an income (EITC) or have a child (CTC). These credits are normally based on the earned income of an individual, but...

Tax Breaks Continued for 2021

As we talked earlier this month about the new Unemployment and Tax Break changes for the year 2021, we continue looking into more tax breaks for this year. The American Rescue Plan also extended the initial CARES act unemployment benefits. The new plan extended the...

6 Tax Filing Tips & Important Info for 2025

As Benjamin Franklin said, there’s only two certainties in life: death and taxes. With the former, you don’t have much control over; however, the latter can be affected. That’s why we’re here to give you some tips and info about filing in our...

Tax Fact: Do you need an Accountant?

As a business owner, an accountant can help you handle growth transitions, such as hiring employees or taking on more office space. They'll look after the detail (payroll, employee tax management, property tax, utility payments, and so on), leaving you free to look at...

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...

Why Your Business Needs a Vertical AI Agent: Top Benefits for Niche Markets

The rise of artificial intelligence (AI) is continuously transforming how businesses operate, offering opportunities for efficiency, innovation, and growth. However, in an increasingly competitive landscape, businesses seek solutions tailored to their specific...

Copyright and AI-Generated Images and Videos: What Businesses Need to

Know to Stay LegalArtificial intelligence (AI) tools are reshaping content creation. It is now easier for businesses to produce images and videos for use on websites, social media, and other digital outlets. All this is possible without the traditional hurdles of...