How do I report non-covered securities?
You must report the sale of the noncovered securities on a third Form 1099-B or on the Form 1099-B reporting the sale of the covered securities bought in ...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
Which is better stocks or commodities?
Commodity Market: Commodities carry higher risk than the Stock Market. The main reason is that they trade on futures markets that offer a high degree of l...
Read More →Do I need to send 1099 to state of Georgia?
Does Georgia mandate 1099 filing? Yes! The State of Georgia mandates the filing of 1099 only if there is a state withholding. However, Form 1099-K must be...
Read More →How do you get out of a mortgage that is upside down?
How to Get Out of an Upside Down Mortgage An upside down mortgage is one where the balance remaining on the loan exceeds the value of a home. If you have ...
Read More →What are the main uses of a spreadsheet?
Why spreadsheets are used The most common reason to use spreadsheets is to store and organize data, like revenue, payroll and accounting information. Spre...
Read More →How do you account for a partnership?
Accounting for a Partnership Contribution of funds. When a partner invests funds in a partnership, the transaction involves a debit to the cash account an...
Read More →What is a repurchase to maturity transaction?
(RTM). A repo-to-maturity transaction is a repurchase agreement in which the transferred securities (usually government bonds) mature on the same date the...
Read More →What is the best website to hire employees?
The 10 best job recruitment sites JazzHR. SmartRecruiters. Jobvite. LinkedIn. Monster. SimplyHired. Internships.com. Craigslist. Craigslist is a good sour...
Read More →What is forgiven mortgage debt?
Mortgage forgiveness means exactly what the term suggests: The lender actually forgives some or all of the debt you owe. That is, it simply wipes away tha...
Read More →How is a constant growth stock valued?
The formula for the present value of a stock with constant growth is the estimated dividends to be paid divided by the difference between the required rat...
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