Category: Financial Careers

How are real estate agents, brokers, and realtors different?

June 30, 2024 No Comments

A: Many people unfamiliar with the real estate industry use the terms real estate agent, broker and realtor interchangeably. There are differences among the three, however, in terms of the qualifications and the exact services each professional offers. A real estate agent is a professional

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How are share prices set?

June 30, 2024 No Comments

A: When a company first lists its stock though an initial public offering (IPO), an investment bank evaluates the company’s current and projected performance and health to determine the value of the IPO for the business. The bank can do this by comparing the company

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Are Cafeteria plans subject to FICA, ERISA or FUTA?

June 30, 2024 No Comments

A: Cafeteria plans are employer-sponsored benefit plans that provide both taxable and nontaxable, or qualified, benefit options for employees. Cafeteria plan benefits, therefore, may be subject to Federal Insurance Contributions Act (FICA) and Federal Unemployment Tax Act (FUTA) taxes. If a plan participant chooses the

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