The Daily Horizon

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Can you use the same TurboTax every year?

Yes… whether Desktop software, or Online Software, you have to purchase it every year. Exception: The Online “Free” version will let you file for Free …fo...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Who claims Dependants when divorced?

The parent who the child spends the most time with may claim the dependent. If the child spends equal time between both parents, then the parent with the ...

Is forgetting high school math normal?

It is perfectly normal for humans to forget things after a period of time. However, here are some tips to help you “relearn” the material you have forgott...

Do you have to claim a 401k loan as income?

Any money borrowed from a 401(k) account is tax-exempt, as long as you pay back the loan on time. And you’re paying the interest to yourself, not to a ban...

What is bond insurance policy?

Bond insurance is a type of insurance policy that a bond issuer purchases that guarantees the repayment of the principal and all associated interest payme...

What is a debt journal entry?

The journal entry is a debit to the bad debt expense account and a credit to the accounts receivable account. The seller can charge the amount of the invo...

How much should a freelancer put away for taxes?

Common advice for those freelancing is to set aside 30 percent of each paycheck for taxes. In general, this advice is focused on paying federal (including...

Can case law be changed after the final decision in a case?

In order for the principle of stare decisis to operate, a judge must know what the previous decisions of courts are. Case reports, or “law reports”, make ...

What are inspired questions?

An inspired question is an invitation to learners to discover gospel truths on their own and to evaluate their understanding of and commitment to those tr...

What are the benefits of being 62 years old?

Here’s how getting older can save you money: Senior discounts. Travel deals. Tax deductions for seniors. Bigger retirement account limits. No more early w...