The Daily Horizon

Featured Article

How do you amortize interest on a loan?

Starting in month one, take the total amount of the loan and multiply it by the interest rate on the loan. Then for a loan with monthly repayments, divide...

Read Full Article Browse business

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is Heloc line amount?

Home Equity Line of Credit (HELOC) is a variable-rate loan which works similar to how a credit card works. Known as HELOC, this type of home equity loan a...

What do insurance companies do when your house burns down?

Contact your insurance company If you lose your home to a fire, the standard homeowners insurance policy will cover the cost of damages. Just make sure yo...

What are 4 types of revenue?

Revenue comes in various forms—sales revenue, rental revenue, dividend revenue, etc—and is made up of two important parts: the cost and the number of unit...

Are contributions to candidates tax-deductible?

According to the IRS: “You can’t deduct contributions to organizations that aren’t qualified to receive tax-deductible contributions, including political ...

Do property managers handle utilities?

Some property managers can handle utility turn ons and offs for you but some can’t. If your management company informs you that utilities will be your res...

Who is responsible for a telegraph pole in my garden?

Most are owned by Openreach (formerly BT Openreach), although a few are owned by other companies. The pole should carry the owner’s mark to identify it. N...

Do you expect to receive a lump sum distribution of a pension?

Lump-Sum Payments A lump-sum distribution is a one-time payment from your pension administrator. Once you and your spouse die, the pension payments might ...

What does husband and wife as community property mean?

Marital property in community property states is owned by both spouses equally. This marital property includes earnings, all property bought with those ea...

What is Category example?

A specifically defined division in a system of classification; a class. The definition of a category is any sort of division or class. An example of categ...