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What type of agreement is an option to buy real estate?

In the residential context, an option to purchase is usually a part of a rent-to-own agreement, also called a lease-option. This involves a tenant enterin...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Why do companies not offer 401K match?

Employers usually limit or stop making matching contributions to 401(k) retirement plans during hard times to save cash and sometimes avoid layoffs. It ca...

What happens to the original warranty deed after it has been recorded?

Typically, the lender will provide you with a copy of the deed of trust after the closing. The original warranty deeds are often mailed to the grantee aft...

Will interest rates ever rise again?

The Federal Reserve said Wednesday it will keep its benchmark interest rate near zero despite signs the economic recovery is well underway. Fed officials ...

How do you find the gross?

To calculate an employee’s gross pay, start by identifying the amount owed each pay period. Hourly employees multiply the total hours worked by the hourly...

How do you account for sale of fixed assets?

The accounting for disposal of fixed assets can be summarized as follows: Record cash receive or the receivable created from the sale: Debit Cash/Receivab...

Can I use my last check as a W-2?

Can You File Taxes Without a W-2? No, you cannot file a return using your last pay stub. Your last paycheck stub is not guaranteed to be an accurate state...

How long does it take for a bankruptcy to be discharged?

The discharge occurs after all the payments under the repayment plan have been made in a Chapter 13 bankruptcy, typically three to five years. Key Takeawa...

How much do self employed welders make?

How much does a Self Employed Welder make? While ZipRecruiter is seeing monthly salaries as high as $21,375 and as low as $1,667, the majority of Self Emp...

What is the net present value method?

Net present value (NPV) is a method used to determine the current value of all future cash flows generated by a project, including the initial capital inv...