Critical Thinking Questions 1. What are some strategies that you can use to prepare to file taxes each year? What would be the benefits of these strategies? 2. What are the benefits of taxes for societies and individuals? 3. How do taxes influence responsible financial planning? Discuss some examples of how taxes may influence a financial plan. 4. What are four types of taxes that you pay (or are likely to pay in the future)? Describe these types of taxes. 5. Find a tax return form and practice filling it out, using either your own information or that of a hypothetical person. What are some of the challenges in filling out a tax return? You can find some forms online here