The Daily Horizon

Featured Article

What factors contribute to the growth of a society?

Economists generally agree that economic development and growth are influenced by four factors: human resources, physical capital, natural resources and t...

Read Full Article Browse environment

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can you claim tax back on lease vans?

There are several tax advantages of leasing a van for business. The main one is being able to claim up to 100 per cent VAT back on the monthly payments, i...

Can you send 1099 for less than 600?

Independent contractors must report all income as taxable, even if it is less than $600. Even if the client does not issue a Form 1099-MISC, the income, w...

What exactly is a patent?

A patent is an exclusive right granted for an invention. In other words, a patent is an exclusive right to a product or a process that generally provides ...

Does a balance sheet have to be equal?

The assets on the balance sheet consist of what a company owns or will receive in the future and which are measurable. For the balance sheet to balance, t...

Can a 401k be rolled over to a new plan?

3. Roll over your 401(k) into a new employer’s plan. Not all employers will accept a rollover from a previous employer’s plan, so check with your new empl...

Will I be responsible for my husbands debt?

Usually, a person is responsible only for his or her own debts. So if you did not sign the contract or loan agreement for your spouse’s debt, you usually ...

What is the income limit for not paying taxes?

Beginning in 2020, the amount you can claim will depend on your income. However, as long as you earned less than $150,473, you’ll be able to claim the max...

Can you get a higher tax refund than what you paid?

If you have more withheld than you owe, you’ll get the excess back. However, the only way you can get back more money than you’ve had withheld is if you q...

Can I open a debit card online?

Request a card online. You may be able to request a debit card through your bank account’s website or mobile app. How long does it take to get a debit car...