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How does payroll work for weekly pay?

Weekly: A weekly pay period results in 52 paychecks in a year. Hourly employees are often paid weekly. Sometimes these employees are paid a week in arrear...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What does it mean to provide working capital?

Working capital affects many aspects of your business, from paying your employees and vendors to keeping the lights on and planning for sustainable long-t...

How does a rolling deadline work?

Colleges with rolling admissions evaluate applications as they are received versus waiting to evaluate all applications after a hard deadline. Schools wil...

Can a house be sold as part of a divorce?

When the home sale proceeds are part of the divorce settlement, you may not be able to finalize the divorce until the deal closes and the equity check is ...

Is the IRS waiving early withdrawal penalty for 2021?

Update: With the recent passing of the Consolidated Appropriations Act, 2021 passed by congress on December 21, 2020, many of these breaks and forms of ai...

What benefits does a deceased veteran get?

Family members of some vets buried in private cemeteries may be able to get a veterans death benefit, or burial allowance. Eligible vets include those who...

Can you transfer euros into a UK bank account?

It usually takes 1-2 working days to transfer Euros to a UK bank account. The time taken can vary if your funds are sent in the afternoon, not the morning...

What is the severe disability element of tax credits?

The severe disability element is an extra element added to your maximum WTC award if you meet certain conditions. You can get the severe disability elemen...

Can you lose money in an IRA CD?

This is your money, and you’re allowed to withdraw cash from your IRA CD at any time. If you’re under the age of 59 1/2 and make an early withdrawal from ...

Can I depreciate a used truck for business?

Heavy SUVs, pickups, and vans are treated for tax purposes as transportation equipment. So, they qualify for 100% first-year bonus depreciation and Sec. H...