Can a student write off a laptop?
Generally, if your computer is a necessary requirement for enrollment or attendance at an educational institution, the IRS deems it a qualifying expense. ...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
Which tax form is the simplest?
Form 1040EZ The simplest IRS form is the Form 1040EZ. The 1040A covers several additional items not addressed by the EZ. And finally, the IRS Form 1040 sh...
Read More →Do you have to pay taxes if your dead?
When someone passes away, that person’s legal representative (executor or estate administrator) has to file a final income tax return and any other requir...
Read More →What does a quality controller do?
A quality controller is crucial for the production process. They develop extensive inspection plans to ensure that a product is manufactured properly. The...
Read More →How can I make busy season better?
The Newbie’s Guide to Surviving Busy Season Send out the alert. Give social media a break. Have some app-titude. Limit your smartphone use. Give yourself ...
Read More →How many dependents can you legally claim on your taxes?
Although there are limits to specific dependent credits, there’s no maximum number of dependent exemptions you can claim. If a person meets the requiremen...
Read More →What are the three methods an employer may use to pay his her employee?
There are three ways to pay employees: Direct deposit; Payroll card, and. Warrant (check). What does it mean to say the United States operates on an ongoi...
Read More →Is a snowmobile a recreational vehicle?
Recreational Vehicles (ATV, Snowmobile, Golf Cart, Off Road Bike) Is a snowmobile considered an off road vehicle? In summary, your snowmobile is a motor v...
Read More →Are FICA taxes deferred?
On August 8, 2020 President Trump signed an Executive Order Deferring Employee FICA Taxes from September 1, 2020 to December 31, 2020. On August 28, 2020 ...
Read More →How do I become a successful pediatrician?
“Pediatricians must have patience, common sense skills and good communication skills,” Scotten stressed. “Strong work ethic and honesty, in addition to go...
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