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Can you legally have a Limited Liability Partnership?

Like a company, an LLP is a body corporate and therefore a separate legal entity and an LLP member’s liability is limited. However, like a partnership the...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can you buy stock in the Dow Jones?

You cannot buy shares in the Dow Jones Industrial Average (DJIA), but you can buy an exchange-traded fund that tracks the index and holds all 30 of the st...

Which app is safe to invest in mutual funds?

Best Mutual Fund App in India – List of Top 10 Mutual Funds App for Direct SIP Rank Mutual Fund Apps 1 Zerodha Coin App 2 Groww App 3 ET Money App 4 CAMS ...

Who is the new owner of a business?

If Sue were the sole shareholder or the majority shareholder, the new owner of the business would be her estate, as above, at least until the estate was c...

Who is the best dad for personal finance?

Robert Kiyosaki (Rich Dad Poor Dad) offers personal finance education to help you learn about cash flow, real estate, investing, and business building Wh...

Can I use my house as collateral for an SBA loan?

Some business loans require you to pledge personal assets — such as your home or car — in addition to business assets. The Small Business Administration (...

What is the best way to calculate depreciation?

The straight-line method is the simplest and most commonly used way to calculate depreciation under generally accepted accounting principles. Subtract the...

How much does an S corp cost in California?

There is no filing fee, but you will have to meet certain requirements, such as having fewer than 100 shareholders and getting consent from all shareholde...

Can I endorse an IRS check to someone else?

In such cases, you can endorse the check to the person, just as you would with any other check, so the individual can cash it. The bank cashing the check ...

Does the IRS forgive after 10 years?

Put simply, the statute of limitations on federal tax debt is 10 years from the date of tax assessment. This means the IRS should forgive tax debt after 1...