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Do I need to keep physical copies of W-2?

If you have employees, including household employees, keep your employment tax records for at least four years after the date that payroll taxes become du...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can I add someone to my brokerage account?

Brokerage accounts usually pass to your beneficiaries through your will and go through probate. If you add a joint owner, that person will inherit the acc...

Why would a sole proprietor choose to incorporate its business?

Many entrepreneurs initially choose to structure their business as a sole proprietorship2 because they are simple and less expensive to run, and all profi...

Where does NOL Show on tax return?

If you carry forward your NOL to a tax year after the NOL year, list your NOL deduction as a negative figure on the “Other income” line of Schedule 1 (For...

Can my wife work if I have H-1B visa?

Can H1B visa dependents work? The H-4 visa allows H-1B spouses and dependant children to join the H-1B visa holder in the US. Certain H-4 visa holders are...

How do I know if I messed up my back surgery?

In addition to chronic back pain, other symptoms of failed back surgery include neurological symptoms (eg, numbness, weakness, tingling sensations), leg p...

How long after refinance closing is mortgage paid off?

three days A mortgage refinance usually is not funded until three days after closing. This is because refinancing borrowers have a right to rescind — canc...

What should I know about a divorce settlement?

Be very careful that the property you are receiving in a settlement does not have large capital gains as compared with your ex-spouse’s property. Don’t be...

Do banks check your purchases?

Even though banks only know where you’ve shopped — and not specifically what you bought — they’re often able to make educated guesses. The bank can then i...

Do I need a license to rent my house in Florida?

If you are renting your entire unit, a license from the Florida Department of Business & Professional Regulation (“DBPR”) is required if your property...