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Are insurance agents sole proprietors?

Generally speaking, independent agents are classified as independent contractors when reporting taxes. Under this type of arrangement, the government cons...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What do you do as a banquet server?

A Banquet Server, or Banquet Waiter, is responsible for serving food and beverages to guests at venues or catering events. Their duties include greeting g...

Will people pay more for environmentally friendly?

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Is a solo 401k a profit-sharing plan?

A solo 401k only consists of employee and profit-sharing contributions. Matching is when the employer matches what the employee has contributed. Profit-sh...

What are starting Questions?

A Powerful Starting Question is a question or set of questions that help a group visualize their answers. The questions fill a blank slate in each person’...

Can I buy anything with my business account?

Business owners should not use a business bank account for personal use. It’s a bad practice that can lead to other issues, including legal, operational a...

What happens if a foreigner needs medical care in the US?

If you are a foreigner and need emergency medical treatment, it’s likely that you will be transported to a welfare-based hospital soon after they discover...

Is the Amazon Prime Rewards Visa Card a credit card?

The Amazon Prime Rewards Signature Visa Card is a co-branded credit card offering rewards like 5% cash back on purchases made on Amazon.com and in Whole F...

Can we claim depreciation on second hand car?

Does Indian Income Tax act allow depreciation on assets purchased on second hand to any entity Sole proprietor, partnership. How long does it take a new c...