What happens when you ask someone for clarification?
Here’s a tip: Asking for clarification can serve as a subtle way of directing a project. When you lay out your summary, present the steps in the way you’d...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
How does equipment lease financing work?
In simple terms, equipment leasing has some similarities to an equipment loan, however it’s the lender that buys the equipment and then leases (rents) it ...
Read More →Can someone else call the IRS for me?
If you’re calling for someone else, you’ll need the person there with you to speak with the IRS. Or, he or she can authorize you to make the call with For...
Read More →What are 3 payroll deductions examples?
What are payroll deductions? FICA tax. Federal Insurance Contributions Act (FICA) tax is made up of Social Security and Medicare taxes. Federal income tax...
Read More →How to write a rental property business plan?
This sample rental property business plan has been written to assist you in creating your company specific business plan. You are free to edit and use the...
Read More →How much should you have in your IRA at 35?
So, to answer the question, we believe having one to one-and-a-half times your income saved for retirement by age 35 is a reasonable target. It’s an attai...
Read More →What happens when you bank account is frozen?
When a bank freezes your account, it means there may be something wrong with your account or that someone has a judgment against you to collect on an unpa...
Read More →What is considered the establishment?
The Establishment is a term used to describe a dominant group or elite that controls a polity or an organization. It may comprise a closed social group th...
Read More →How do I account for a like kind exchange?
For a successful like-kind exchange that straddles two years, the taxpayer will report the transaction on IRS Form 8824. 1 The exchange will be reported ...
Read More →How long after filing can you amend a tax return?
Three-year time limit. You usually have three years from the date you filed your original tax return to file Form 1040-X to claim a refund. You can file i...
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