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This isn't a $100k loan. The employee received a fraction of the $100k (due to taxes and tax withholding), but now may need to borrow money to cover their debt.
by itake 3y ago
This isn't a $100k loan. The employee received a fraction of the $100k (due to taxes and tax withholding), but now may need to borrow money to cover their debt.
- leventonportera 3y agoLet's face it - you made all of that up.
- itake 3y agoIf the down votes you received don't tell you that you're wrong, maybe this will: https://www.crowe.com/insights/crowe-financial-services-tax-insights/clawback-payoffs-cost-more-than-you-think https://www.crowe.com/insights/crowe-financial-services-tax-... If it was me, I'd have to pay an accountant to help me too.
- leventonportera 3y ago[dead]