What kind of building is an apartment complex?
Apartment Complex: A community of apartment buildings owned by a single entity. It may have community amenities shared by tenants. One of the most innovat...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
What are the federal deductions on my paycheck?
The payroll taxes taken from your paycheck include Social Security and Medicare taxes, also called FICA (Federal Insurance Contributions Act) taxes. The S...
Read More →Who qualifies for penalty-free 401k withdrawal?
The IRS allows penalty-free withdrawals from retirement accounts after age 59 ½ and requires withdrawals after age 72 (these are called Required Minimum D...
Read More →What is the difference between statistical and Nonstatistical sampling?
Statistical versus non-statistical sampling Statistical sampling allows each sampling unit to stand an equal chance of selection. The use of non-statistic...
Read More →Why do companies make charitable donations?
Through context-focused philanthropy, corporations provide money, capabilities, and partnerships to charitable causes in ways that sharpen their own compe...
Read More →Why do I get a federal refund but owe state taxes?
If you paid too much in taxes during the year through payroll withholdings, then you may get a refund. If you paid too little in withholding then you may ...
Read More →Are groceries taxed in Connecticut?
In Connecticut, grocery items are exempt from sales tax. Who pays CT sales tax? Connecticut is one of the few states that only has a statewide sales tax r...
Read More →How do you use the EDGAR system?
Simply enter the company’s name and click on search to find the CIK. Then use the CIK (including the leading zeroes – e.g., 00001111) as a keyword in your...
Read More →Is it against the law to ask an accountant to do something?
They don’t take “no” for an answer. They’re certainly not asking their accountant to do anything that’s against the law. But they are in need of an accoun...
Read More →Can I use QuickBooks self employed for personal?
QuickBooks Self-Employed works for freelancers who track their income and expenses, as well as calculate and pay estimated quarterly taxes. For sole propr...
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