The Daily Horizon

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What happens if you default on a timeshare?

Yes. If you’re a timeshare owner, your credit can absolutely be tarnished. This happens when owners miss on a monthly mortgage payment or fail to pay any ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can S Corp deduct home office expenses?

You can deduct the costs of a home office if you are filing a Schedule C. The S corporation can pay you rent for the home office. The S corporation can pa...

What is the difference between a weighted average method of process costing and a first in first out method of process costing?

Under the weighted average method, we use beginning work in process costs AND costs added this period. Under the FIFO method, we will only use the costs a...

How do you overthrow a HOA president?

Here’s how to take action when you want to remove an HOA board member. Attend an HOA Board Meeting. Learn Your Legal Rights to Remove an HOA Board Member....

Why is healthcare coverage important?

Health insurance provides financial protection in case you have a serious accident or illness. Health coverage can help protect you from high, unexpected ...

Are monthly gifts considered income?

Cash gifts aren’t considered taxable income. Good news if you’re the recipient—any money given to you as a gift doesn’t count as income on your taxes, so ...

What is included in long-term insurance?

Long-term care insurance can cover home care, assisted living, adult daycare, respite care, hospice care, nursing home, Alzheimer’s facilities, and home m...

What are the current trends in risk management?

Emerging Trends in Risk Management-What Risk Management consultants need to anticipate #1: Technology, a source of risk and an enabler for effective risk ...

Can you get a fixed rate mortgage for 25 years?

Typically, mortgages were arranged over 25 years, but high house prices and stringent affordability tests have led to borrowers extending their repayments...

Does every stock trade after-hours?

Though most stock market business takes place during the regular operating hours, even average investors can now trade after-hours through use various tec...