The Daily Horizon

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Are Retirement accounts protected assets?

Assets in an IRA and/or Roth IRA are protected from creditors up to $1,283,025. All assets held in ERISA plans are protected from creditors even after the...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do you treat revenue in accounting?

The cash method of accounting recognizes revenue and expenses when cash is exchanged. For a seller using the cash method, revenue on the sale is not recog...

What happens if you have a 401k and quit your job?

Since your 401(k) is tied to your employer, when you quit your job, you won’t be able to contribute to it anymore. But the money already in the account is...

Why does my husband get mad when I ask him questions?

Do not forget that we’ve already established there are no clear signs a man is telling lies, and he may get angry because he is tired of being asked. Gett...

Do investors prefer convertible notes?

Here’s why: the main things convertible notes have going for them are: (i) they are cheaper to put together because there are fewer legal documents and th...

Is MPAA still around?

Founded in 1922 as the Motion Picture Producers and Distributors of America (MPPDA) and known as the Motion Picture Association of America (MPAA) from 194...

Why is my credit score lower than my husbands?

Your Spouse Has Less Debt Than You: The amount of debt you carry is the second biggest factor that goes into your credit score. If you tend to carry big b...

When preparing a merchandise purchases budget What is the required purchases in units?

budgeted unit sales + beginning merchandise inventory + desired merchandise ending inventory. What is needed for a purchases budget? Calculating Purchase ...

How do you find shares outstanding with par value?

Divide the Total Stock Par Value by the Outstanding Shares If you know the total value of a stock at par, you then need to find the number of outstanding ...

Who is the remainderman in a life estate?

A remainderman is a property law term that refers to the person who inherits or is entitled to inherit property upon the termination of the life estate of...