The Daily Horizon

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Do you have to file taxes if your business lost money?

If your net business income was zero or less, you may not need to pay taxes. The IRS may still require you to file a return, however. If you don’t owe the...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What food does Japan import the most?

According to Japanese Ministry of Finance data, Japan’s top agricultural imports from the world are pork and pork products, beef and beef products, poultr...

What are the top 3 imports of the United States?

What Are the Major U.S. Imports? Machinery (including computers and hardware) – $386.4 billion. Electrical machinery – $367.1 billion. Vehicles and automo...

Are employee health insurance contributions tax-deductible?

Generally speaking, any expenses an employer incurs related to health insurance (for employees or for dependents) are 100% tax-deductible as ordinary busi...

What is the purpose of a purchase order document?

The purchase order is a written (or electronic) document meant to record business transactions between a buyer and a seller. The buyer issues the purchase...

What does Australia import to the US?

U.S. imports from Australia are up 43.7% from 2004 (pre-FTA). The top import categories (2-digit HS) in 2019 were: meat (beef) ($2.4 billion), pharmaceuti...

What are the dimensions of a 20ft container?

Container Type Internal Dimensions (L x W x H) Cubic Capacity 20FT General 5.89 x 2.35 x 2.36m 33m³ 20FT High Cube 5.89 x 2.35 x 2.69m 37m³ 40FT General 1...

What does white gold-filled ring mean?

Gold-filled jewelry is jewelry composed of a solid layer of gold (typically constituting at least 5% of the item’s total weight) mechanically bonded to a ...

What Brazil exports to USA?

Brazil exports to United States Value Year Iron and steel $2.64B 2020 Machinery, nuclear reactors, boilers $2.35B 2020 Mineral fuels, oils, distillation p...

Why is AZ tax refund taking so long?

Tax returns may also take longer because of calculation errors, missing information or information irregularities. Please note: Every return is different,...