Cash Flow. College students often have little income and many expenses. Does this reduce or increase the importance of completing a cash$-$flow statement on a monthly basis? Why?

CHAPTER $4$:

Filing a Tax Return.

Many college students choose not to file a federal income tax return, assuming that the income taxes withheld by employers "probably" will cover their tax liability. Is such an assumption correct? What are the negatives of this practice if the employers withheld too much in income taxes? What are the negatives if the employers did not withhold enough in income taxes? Will any tax credits be lost?

Make sure your response is in a paragraph form, with clear and thorough answers. You must reply to two other students' posts. You can earn $25$ points for the original post and up to $5$ points for replying to other students posts. Therefore, the possible overall point total for each weekly discussion forum is $30$ points.

The responses should be more than "I agree." See the discussion rubric under first day activities.

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