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When can a casualty loss in a federally declared disaster area be deducted?

You may deduct a disaster loss suffered in California beginning on or after January 1, 2014, and before January 1, 2024. For 2014 and prior, see How to Cl...

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can I withdraw from my 401k penalty-free due to Covid?

Individuals affected by COVID-19 can withdraw up to $100,000 from employee-sponsored retirement accounts like 401(k)s and 403(b)s, as well as personal ret...

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What brings credit up the most?

Paying bills on time and paying down balances on your credit cards are the most powerful steps you can take to raise your credit. Issuers report your paym...

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Why do employers pay every 2 weeks?

Paying employees biweekly instead of weekly requires an employer to process payroll only once every two weeks. This reduces time spent on payroll processi...

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How does statute of limitations work in California?

The SOL time-clock typically begins to run when an offense is discovered. Crimes in California have different statutes of limitation periods. California m...

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How long do investors hold mutual funds?

The average mutual fund equity investor holds a fund for an average of 3.3 years. For bond fund investors, the average holding period is less than 3 years...

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Do dealers have to honor cars com price?

A car dealer is under no legal obligation to sell you a car at the price advertised online, but it will hurt the reputation of the business if they regula...

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What happens to a revocable living trust after death?

A deceased individual can’t own property, so probate becomes necessary to move assets from the decedent’s ownership into the names of living beneficiaries...

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What does claim under review mean Pua?

Originally Answered: What does it mean when your unemployment claim is under review? It just means they have received the claim and they are processing it...

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What is a rollover eligible distribution?

An eligible rollover distribution is a distribution from one qualified retirement plan that is able to be rolled over or transferred to another eligible p...

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