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What is a good conflict of interest?

A conflict of interest arises when what is in a person’s best interest is not in the best interest of another person or organization to which that individ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can you make too much money to qualify for financial aid?

With only one child attending college normally an income above $125K will disqualify you from financial aid qualification at a public university, and abou...

Where does common shares go on financial statements?

Common stock on a balance sheet On a company’s balance sheet, common stock is recorded in the “stockholders’ equity” section. This is where investors can ...

Are personal loans to a business tax-deductible?

Though personal loans are not tax deductible, other types of loans are. Interest paid on mortgages, student loans, and business loans often can be deducte...

How much money do online businesses make?

According to this chart, at three months the average ecommerce site is generating just over $150,000 in monthly revenue, by the end of year one in busines...

Why is moving out the biggest mistake in a divorce?

Here is a typical scenario our Cordell & Cordell attorneys hear during initial consultations all the time: The wife comes to them with the bombshell t...

Can you claim a non resident spouse?

If your spouse is a nonresident alien and you file a joint or separate return, your spouse must have either a Social Security Number (SSN) or an Individua...

How much money should a 65 year old have saved for retirement?

Retirement experts have offered various rules of thumb about how much you need to save: somewhere near $1 million, 80% to 90% of your annual pre-retiremen...

What can I roll my IRA into?

If you have a SIMPLE-IRA, you can roll over the funds into a traditional IRA or another employer-sponsored retirement plan without tax or penalty. You can...

Which FAFSA do I fill out for summer 2021?

If you’re applying for financial aid for the 2021–22 school year, you should file a 2021–22 Free Application for Federal Student Aid (FAFSA®) form. If you...