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What are some exports from Argentina?

Economy of Argentina Statistics Exports $54.88 billion (2020) Export goods Soybeans and derivatives, petroleum and gas, vehicles, corn, wheat Main export ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What are the economic reforms since 1991 and its features?

Major Economic Reforms Since 1991 Under Liberalisation Industrial sector reforms- these included factors and reforms like: Contraction off Public Sector. ...

Is income tax paid on interest?

Most interest income is taxable as ordinary income on your federal tax return, and is therefore subject to ordinary income tax rates. There are a few exce...

Is federal tax ID number same as EIN?

An Employer Identification Number (EIN) is also known as a Federal Tax Identification Number, and is used to identify a business entity. Generally, busine...

What should I do if I Forgot my W-2?

If your original return was Form 1040, 1040A, 1040EZ or 1040NR, file Form 1040X to amend your return. You will need to recalculate your total income, dedu...

How much money can you make without paying taxes in NJ?

If your New Jersey gross income is less than $10,000 ($20,000 if filing as Married Filing Jointly, Head of Household, or Qualifying Widow(er)) then you ar...

Does tax revenue increase when tax increases?

A higher tax rate increases the burden on taxpayers. In the short term, it may increase revenues by a small amount but carries a larger effect in the long...

Can I take my elderly mother as a dependent?

If you cared for an elderly parent, your parent may qualify as your dependent, resulting in additional tax benefits for you. Once you determine that both ...

Do I have to put my 1098-T on my tax return?

No, you don’t have to report your 1098-T, not unless you want to claim an education credit. However if your grant/scholarship amount (box 5) is more than ...

Do you have to pay taxes on money from selling a car?

When you sell a car for more than it is worth, you do have to pay taxes. Selling a car for more than you have invested in it is considered a capital gain....