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Does a corporation need a CPA?

1) Why do you need a professional corporation (PC)? In Alberta, for a Chartered Professional Accountant (CPA) to offer professional accounting services or...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Are newly built homes worth it?

Why buy a new-build property? One of the main benefits of buying a new-build property is that, initially at least, it’s less likely to require the same le...

What do you say to your daughter when she graduates from college?

“Congratulations, sweet daughter, on this momentous day. You’ve worked hard to achieve your goals, and now, you’re on your way to seek new vistas, dream n...

Can your company reimburse you for medical expenses?

As a general rule, medical expense reimbursement is tax-advantaged if the employer uses a formal, compliant reimbursement plan. If the business is using a...

Is it hard to get a job at 55?

Research shows that it’s often harder for older workers to secure new jobs. One 2020 study published by the National Bureau of Economic Research found tha...

Do you pay tax on second hand sales?

This is due to the fact that in most cases where you sell second hand goods, the amount you receive rarely exceeds the original price you paid for them an...

Can you get private health insurance for a child only?

There are some health insurers who can provide a private health policy for a child alone, and not for parents or other family members. This is rare, howev...

Which is the correct answer yes or no?

A closed question can be answered by saying “yes” or “no”, whereas an open question will need other words of explanation. For example, “How did you get he...

Are massage therapists self-employed?

About 60 percent of all massage therapists were self-employed as of 2010, reports the U.S. Bureau of Labor Statistics. The rest worked as staffers in spas...

Can a married couple file as a qualified joint venture?

A qualified joint venture is a joint venture that conducts a trade or business where (1) the only members of the joint venture are a married couple who fi...