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Is interest associated with notes receivable?

Stated interest: A note receivable generally includes a predetermined interest rate; the maker of the note is obligated to pay the interest amount due, in...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Is it legal to run a retail business from home?

You will need to consider who you will need to obtain permission from to run a business from your home. If it isn’t mentioned in your tenancy, you should ...

How do you get help when a family member dies?

To Do Immediately After Someone Dies Get a legal pronouncement of death. Tell friends and family. Find out about existing funeral and burial plans. Make f...

What is a typical stock broker commission?

The standard commission for full-service brokers are between 1% to 2% of a client’s managed assets. A 12B-1 fee is a recurring fee that a broker receives ...

What happens if you are a victim of identity theft?

Identity (ID) theft happens when someone steals your personal information to commit fraud. The identity thief may use your information to apply for credit...

How do you write a 250 word personal statement?

Here are some quick tips for writing a great 250-word essay: Write the first draft from start to finish without any pauses. Avoid over-editing your work. ...

How do I protect myself from payday loans?

How to protect yourself from a payday loan scam Compare multiple payday loan providers. Look for information and reviews online. Be wary of unsolicited ph...

What is closing entries and why they are prepared?

Closing entries take place at the end of an accounting cycle as a set of journal entries. The closing entries serve to transfer the balances out of certai...

What is a installment loan and how does it work?

When you take out an installment loan, you immediately receive the money you’re borrowing or the item you’re purchasing. You pay it off—sometimes with int...

Is there a deadline to file a 2007 tax return?

PriorTax makes it easy to take care of your 2007 taxes. 2007 tax returns cannot currently be E-Filed. You may still prepare a 2007 tax return online to fi...