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Can a business have a SEP IRA and a 401k?

Answer: Yes – As long as the SEP IRA plan and the 401(k) plan are offered by separate companies. Even if you participate in an employer’s retirement plan ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do you say thank you to someone who bought you a car?

Dear [customer name], Thank you for trusting me to help you with your recent car purchase. You were such a pleasure to work with and I hope you have been ...

Why do I keep feeling off balance?

Causes of balance problems include medications, ear infection, a head injury, or anything else that affects the inner ear or brain. Low blood pressure can...

Do you get paid for unused vacation days when fired?

If employment terminates after an employee becomes entitled to annual vacation, the employer must pay the unpaid vacation entitlements for the previous ye...

How to get my 1095 from blue cross blue shield?

Call the number on the back of your BCBSTX member ID card to ask for your Form 1095-B. If you can’t find this number, you can also call 1-855-710-6984. Sh...

What is the average profit margin for a franchise?

Margins can vary by ownership, of course, but on average, the industry has been in the 1.5 percent to 1.9 percent range in recent years, including 1.5 per...

Does Charles Schwab connect to TurboTax?

In order to import your Schwab 1099 form(s) into TurboTax, you’ll need to opt-in to Schwab’s import program settings directly from your Schwab account. To...

How much does a teenager have to make to file taxes?

Beginning in 2018, a minor who may be claimed as a dependent has to file a return once their income exceeds their standard deduction. For tax year 2020 th...

What are tax attachments?

Depending on your situation, you may be required to file attachments to your return. According to the IRS the following attachments are the most common: S...

How far back can a corporation be audited?

Generally, the IRS can include returns filed within the last three years in an audit. If we identify a substantial error, we may add additional years. We ...