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What do you need to know about a promissory note?

A promissory note is a written and enforceable agreement in which a borrower promises to pay a lender a sum of money on demand, or within a specified peri...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do you transition payroll?

Payroll Transition Checklist Pick the right time. Determine needed services. Check the terms of your current contract. Notify your old payroll provider. C...

Is the entity subject to a franchise tax?

Unlike state income taxes, franchise taxes are not based on a corporation’s profit. A business entity must file and pay the franchise tax regardless of wh...

How can I get proof of funds for my house?

Proof of Funds usually comes in the form of a bank, security or custody statement, and can be procured from your bank or financial institution that holds ...

What are funding in starting a business?

Most businesses are financed by home equity or savings as they start—bootstrapping. Only a few high-growth startups can attract outside investment. Ventur...

What is the 72t rule for IRAs?

The Substantially Equal Periodic Payment rule allows you to take money out of an IRA before the age of 59 1/2. It also lets you avoid the 10% penalty tax....

Can I pay medical bills with credit card?

You can pay medical bills with a credit card, and in fact 54% of consumers in a recent Experian survey say they prefer to pay for medical services this wa...

Do you invoice a client?

Invoicing involves providing clients with a professional document that outlines your payment terms, provides a billing date and an invoice due date and it...

Why would a business want to improve its profitability?

Improving your business’ profitability can help you to reduce costs, increase turnover and productivity, and help you to plan for change and growth. revie...

How do I sell my RV when the bank has the title?

How to Sell a Car When the Bank Has the Title Find a Buyer. First, find a buyer for your vehicle. Contact Bank for Payoff Amount. Sell the Vehicle. Send P...