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What kind of loan can I get with a 584 credit score?

FHA loan The most common type of loan available to borrowers with a 584 credit score is an FHA loan. FHA loans only require that you have a 500 credit sco...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can I be a legal guardian to my nephew?

In most cases, obtaining guardianship for your nephew if he is a minor child will require permission from his legal parents and permission from a court. S...

Can you deduct the cost of an SUV for a business?

If you own a business, you should know the tax rules for buying a SUV or a truck. You can and should deduct the operating expense of your vehicle if you u...

How much money can you make and still be on Medicare?

To qualify, your monthly income cannot be higher than $1,357 for an individual or $1,823 for a married couple. Your resource limits are $7,280 for one per...

How soon can you sell a house after refinancing?

How long after refinancing can you sell your house? You can sell your house right after refinancing — unless you have an owner-occupancy clause in your ne...

Is there an underpayment penalty for 2019?

In general, taxpayers must pay at least 90 percent of their tax bill during the year to avoid an underpayment penalty when they file. On January 16, 2019,...

What are the 3 advantages of 401 K plans for the employee?

Here are 5 benefits of most traditional 401(k) plans: Tax advantages. Contributions to a traditional 401(k) are taken directly out of your paycheck before...

Can married people combine 401k?

And while we do recommend combining your finances once you’re married, you can’t open a joint 401(k) or Roth IRA like you could with a bank account. There...

What is an example of a data protection breach?

Examples of a breach might include: loss or theft of hard copy notes, USB drives, computers or mobile devices. an unauthorised person gaining access to yo...

What happens when you start withdraw from 401k?

Generally, if you take a distribution from an IRA or 401k before age 59 ½, you will likely owe both federal income tax (taxed at your marginal tax rate) a...