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How many months does long term disability last?

What is long term disability insurance? Long term disability insurance is a type of income protection that is designed to cover serious injuries and illne...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is a commissioned salesperson?

A sales commission is an additional compensation the employee receives for meeting and exceeding the minimum sales threshold. Employers pay employees a sa...

How do I stop pre authorized payments on my credit card?

You can usually log in to online banking, write a letter or call your credit card provider to cancel a pre-authorized payment. If the payments continue, c...

Is buying a home actually worth it?

Buying a house is a major commitment, but the financial and lifestyle benefits are well worth the cost. Real estate is not the only investment out there, ...

How do you decide if you should refinance?

Although every situation is different, I would recommend refinancing your mortgage if: Current interest rates are at least 1% lower than your existing rat...

What happens if you have more than 250k in the bank?

The Federal Deposit Insurance Corp. (FDIC) insures deposits up to $250,000 per depositor, per FDIC-insured bank, per account ownership category. If your d...

Can employee salaries be capitalized?

Examples of the costs a company would capitalize include salaries of employees working on the project, their bonuses, debt insurance costs, and costs of d...

What happens if you pull out of a Roth IRA?

Roth IRA withdrawal rules if you’re younger than 59½ Generally you’ll owe income taxes and a 10% penalty if you withdraw earnings from your account. You c...

What is income tax and corporate tax?

Corporate tax is an expense of a business (cash outflow) levied by the government that represents a country’s main source of income, whereas personal inco...

How do I trace international money transfer?

If your transfer isn’t delivered within the window you were promised, you can request a trace on your transaction using the bank’s SWIFT code. A SWIFT cod...