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1323 Search Results

What Is Compliance Testing for 401(k)?

What Is Compliance Testing for 401(k)?

https://www.sofi.com/learn/content/401k-compliance-testing/

…and/or tax advisor if you have a question requiring legal or tax advice. Third-Party Brand Mentions: No brands, products, or companies mentioned are affiliated with SoFi, nor do they endorse…


Guide to Income Statements in Business

Guide to Income Statements in Business

https://www.sofi.com/learn/content/income-statements/

…not present on all income statements, earnings before tax (also known as EBT or pre-tax income) is calculated by subtracting expenses from a company’s total income before tax. It is…


Budgeting as a New Resident

Budgeting as a New Resident

https://www.sofi.com/learn/content/budgeting-for-residents/

…IRA are made with after-tax dollars; your money grows tax-free and you don’t pay taxes when you withdraw the funds. However, there are limits on how much you can contribute…


How to Get a Loan to Buy a Business

How to Get a Loan to Buy a Business

https://www.sofi.com/learn/content/loans-to-buy-a-business/

…terms for repayment. •  Seller financing allows a buyer to pay the seller over time; note that it may call for a larger down payment. •  Loan applications require the borrower to…


What Are RSUs & How to Handle Them

What Are RSUs & How to Handle Them

https://www.sofi.com/learn/content/what-are-rsus/

…lies in the way that the Internal Revenue Service taxes them. While you owe tax on ESOs the moment you decide to exercise your options, RSU stock taxation happens at…


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