The Daily Horizon

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Can I use QuickBooks Pro for two businesses?

If you are looking after more than one company, you don’t have to have a different copy of Quickbooks to manage the finances for each individual company. ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Which bank has the best 401K plan?

Compare Best Solo 401(k) Companies Solo 401(k) Provider Why We Picked It Roth Contributions Supported Fidelity Investments Best Overall No Charles Schwab ...

What does an office manager bookkeeper do?

Bookkeeping office managers handle accounts payable and accounts receivable, reconcile bank statements; update the trial balance; manage the profit-loss s...

How is an LLC taxed by default?

What is the Default Tax Classification of an LLC? By default, a single member LLC is taxed as an entity disregarded as separate from its owner (a sole pro...

Are there any property tax exemptions for seniors in Texas?

Property Tax exemptions can save you a good chunk of money. In Texas, there are several types of exemptions that can help seniors. Let’s take a look at wh...

How many years should you wait to refinance your home?

Conventional loans: You can usually do a no-cash-out refinance a conventional mortgage immediately after closing on the original home loan. But some lende...

Do you have to put 20 down on a construction loan?

Traditionally financed construction loans will require a 20% down payment, but there are government agency programs that lenders can use for lower down pa...

What are the 3 types of inpatient falls?

Falls can be classified into three types: Physiological (anticipated). Most in-hospital falls belong to this category. Physiological (unanticipated). Acci...

How is credit score divided?

The FICO credit score model is based on information contained in an individual’s credit report, and is divided into five categories: Payment History – 35%...

Can a charitable remainder trust have more than one beneficiary?

Multiple Beneficiaries While the estate owner may only have one beneficiary in mind when creating the charitable remainder unitrust, he or she does not ha...