Can monthly pension payments be rolled over to a Roth IRA?
You generally can roll a pension lump sum into a Roth IRA, but that may not be a good idea. Another option is to roll the pension money directly into a tr...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
What is considered employee discrimination?
1. What is employment discrimination? Employment discrimination generally exists where an employer treats an applicant or employee less favorably merely b...
Read More →How much money can a parent gift a married child in 2020?
In 2020 and 2021, you can give up to $15,000 to someone in a year and generally not have to deal with the IRS about it. If you give more than $15,000 in c...
Read More →Can a Family member get paid to be a caregiver in Idaho?
Can I get paid to care for my loved one? The Idaho Department of Health and Welfare’s Certified Family Home Program may be a viable option for those meeti...
Read More →What is the average life expectancy of a nursing home resident?
The average length of stay before death was 13.7 months, while the median was five months. Fifty-three percent of nursing home residents in the study died...
Read More →Can a non US resident form a LLC in Nevada?
Note: If you live in Nevada, do business in Nevada, or are a non-US resident, then this information doesn’t apply to you. Regardless of what you’ve read o...
Read More →What happens when you claim social security at age 62?
If you start claiming benefits at 66 and your full monthly benefit is $2,000, you’ll get $2,000 per month. If you start claiming benefits at age 62, which...
Read More →Can short term losses go against long term gains?
Can I deduct my capital losses? Yes, but there are limits. Losses on your investments are first used to offset capital gains of the same type. So, short-t...
Read More →What should a young heir do with a large inheritance?
Instead of rushing out to the mall or the car dealer, young heirs should spend some time evaluating their financial situation. Making this effort will giv...
Read More →What are the 5 entity types?
United States’ state governments recognize many different legal entity types, but most small businesses incorporate under one of five entity types: sole p...
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