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How do you decide whether to buy a business?

How to Decide Whether to Purchase Another Business Examine your motivation. First, determine why you want to purchase another business. Figure out what ch...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do you tell someone about qualifications?

When questions come up about your qualifications, be ready with responses to demonstrate why you will be a good fit. The interviewer may ask you directly ...

What is the difference in filing single or head of household?

The Head of Household filing status has some important tax advantages over the Single filing status. If you qualify as Head of Household, you will have a ...

How do you find out if a business is registered in Michigan?

Contacting the local Secretary of State (SOS) office via Phone or Email is free and is the most reliable way to check your business name availability. Onl...

Can you transfer 401k to trust?

Limits of a Living Trust The grantor can transfer assets, bank accounts, and real estate ownership into the trust. However, pursuant to federal law, you c...

How will I determine if my portfolio is meeting my expected return?

To calculate the expected return of a portfolio, you need to know the expected return and weight of each asset in a portfolio. The figure is found by mult...

Can I call the IRS on behalf of my client?

The Practitioner Priority Service® (PPS) is your first point of contact for account-related issues. Our Practitioner Priority Service® is a professional s...

Does par value decrease in a stock split?

When a company’s stock splits, the change in the par value is offset by a corresponding change in the number of shares so the total par value remains the ...

What are the main concerns for the financial management?

Financial management is generally concerned with short term working capital management, focusing on current assets and current liabilities, and managing f...

Can an LLC be treated as an S corp?

For tax purposes, by default, an LLC with one member is disregarded as an entity. And, once it has elected to be taxed as a corporation, an LLC can file a...