The Daily Horizon

Featured Article

Can you find out how much a company was bought for?

As a rule of thumb, look at how much was invested in the acquired company, and multiply it in 3–5 times, if the company does OK. if the company was having...

Read Full Article Browse business

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How does a husband and wife LLC work?

1 The LLC is formed/created in a community property state 2 The married couple are the only LLC owners (there are no other persons or companies that own t...

What is considered asset protection?

Asset protection is a component of financial planning intended to protect one’s assets from creditor claims. Individuals and business entities use asset p...

What is a good number for 401k?

Most financial planning studies suggest that the ideal contribution percentage to save for retirement is between 15% and 20% of gross income. How much sho...

Can a party back out of a settlement agreement?

It is possible to back out of a settlement agreement if both parties consent and it has not been incorporated into a court order. However, the issue arise...

How does QuickBooks accounting work?

QuickBooks Accountant is designed for professionals who support multiple accounting clients. Accountant’s Copy 2 — allows you and your client to work in t...

Do I have to pay NY state income tax if I live in CT?

If you live in CT and have a job in New York, where do your state income taxes go? You will have to file NY State for your NY related income and CT State ...

What affects the dividend decision?

Factors affecting the dividend decision: Amount of Earnings: Amount of dividend paid by a company depends on the company’s current and past earnings. A co...

Are there 29 year mortgages?

You’ll choose a loan term from 8 to 29 years. This will give you some control over your monthly payments. Because your interest rate is locked for the lif...

Should I keep holding my stocks?

In most cases, profits should be taken when a stock rises 20% to 25% past a proper buy point. Then there are times to hold out longer, like when a stock j...