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Josiah Is a Human Resources Manager of a Large Software

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Josiah is a human resources manager of a large software company.He is considering asking for a leave of absence to pursue an MBA degree.Josiah will pay for his MBA tuition of $45,000 a year without any employer assistance.Josiah will incur a large debt if he pursues an MBA.Upon completing his MBA,he would want to consider various job opportunities.Discuss the tax issues affecting Josiah's decision.


Definitions:

Personal Finance MAGAZINES

Publications that provide information and advice on managing personal finances, including investing, saving, and budgeting.

Stocks

Shares representing ownership in a corporation, giving holders a claim on part of the company's assets and earnings.

Advice

Guidance or recommendations offered regarding prudent future actions, often based on knowledge and expertise.

Indexed Equity

An investment strategy that attempts to replicate the performance of a specified stock market index.

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