How long do you need to keep books for self-employed?
5 years How long to keep your records. You must keep your records for at least 5 years after the 31 January submission deadline of the relevant tax year. ...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
What is the maximum amount of money you can take out of South Africa?
R25 000 per If a person wants to move actual South African bank notes abroad, the limit when entering or leaving South Africa is R25 000 per individual. I...
Read More →Is a business bank account required for an LLC?
As a technical legal matter, the owners of an LLC are not required by state LLC statutes or federal tax law to have a separate bank account for the busine...
Read More →What is the cutoff for Medicaid in NJ?
Adults without dependent children among ages 19-64 with incomes up to 138% FPL ($1,482/month for a single person and $2,004/month for a couple). Pregnant ...
Read More →Can you transfer an LLC to another person?
You can only transfer an LLC’s ownership interests if all the other LLC owners agree, and even then, only if the state law allows for it. The first step i...
Read More →Can a power of attorney give power of attorney to someone else?
A person who has granted someone power of attorney can freely revoke that authority or give it to someone else at any point. A power of attorney is not a ...
Read More →How to negotiate debt with your credit card company?
Lump-sum settlement. This option involves negotiating with your credit card company to pay less than you owe. But it only works if you have access to a si...
Read More →Can I take 25% of my pension and continue to pay into it?
Ever since pensions changed back in 2015, one thing many people want to know is: can I take money from my pension pot and still work – and keep paying int...
Read More →How do you find imaginary solutions?
To find the imaginary solutions to a function, use the Quadratic Formula. Let’s solve f(x)=3×4−x2−14. First, this quartic function can be factored just li...
Read More →How is the coupon rate and yield to maturity expressed?
A bond’s coupon rate is equal to its yield to maturity if its purchase price is equal to its par value. The par value of a bond is its face value, or the ...
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