What are the roles of budget?
Budgets allow small businesses to plan future expenditures. These plans allow for the determination of the necessary amount of sales needed to generate ca...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
Is income considered after-tax?
After-tax income is the net amount of income available to invest, save, or consume after federal, state, and withholding taxes have been applied—your disp...
Read More →How do I contribute to pre tax dollars to a traditional IRA?
Report the deductible amount of your contribution on line 17 of Form 1040A or line 32 of Form 1040 when you file your taxes. This deduction makes your con...
Read More →How long does it take to pay off 10, 000 credit cards?
Using this credit card payoff calculator, we looked at $10,000 of credit card debt with a 15% interest rate. Making a monthly payment of $347 will get you...
Read More →Are credit card payments considered accounts receivable?
Some credit card receipts must be treated as receivables rather than cash. The credit card company deducts their fee before paying the company that made t...
Read More →Why are discounts given to customers?
Offering discounts on purchases is a way to quickly draw people into your store. Discounts don’t only help your shoppers; they also help your business. Fr...
Read More →What do I need to get my REAL ID in Kentucky?
Kentucky’s REAL ID card versions or other REAL ID compliant cards offered by other states. U.S. passport….To apply for a new REAL ID , applicants should b...
Read More →What questions should I ask a realtor when buying an investment property?
Here are some good questions to ask a real estate agent before hiring one for purchasing investment property: What credentials do you possess? How long ha...
Read More →How do I ask my bank for proof of funds?
A Proof of Funds letter must include the following: Your bank’s name and address. An official bank statement, either printed at a branch or as an online s...
Read More →What are the dangers of using payday loan cash advance businesses?
One of the biggest pitfalls that can happen with payday loans is when a borrower falls into a cycle of repeatedly extending their loan. They find themselv...
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