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Do I need to file taxes for my side business?

When you have a side hustle, the IRS has different rules for you. Technically, if you earn more than $600 in a calendar year, you have to report that inco...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Does a 501c3 need to fill out a w9?

If your nonprofit corporation provides services to another business, you may be asked to fill out a W-9 form (Request for Taxpayer Identification Number a...

How do I find companies to export?

How to Find Overseas Customers for Your Export Business? Start with a good and in-depth online research. Invest in your brand awareness. Make the customer...

Are gifts to immediate family taxable?

You just cannot gift any one recipient more than $15,000 within one year. If you’re married, you and your spouse can each gift up to $15,000 to any one re...

Who is Chris Rowe investor?

An internationally respected authority on options, Wall Street veteran and co-founder of Tycoon Publishing, Chris Rowe is the Chief Investment Officer of ...

What involves storage of products?

Storage is the activity of storing products at warehouses and logistics centers. Its role is to provide a steady supply of goods to the market to fill the...

How do I declare HSA on my taxes?

File Form 8889 to: Report health savings account (HSA) contributions (including those made on your behalf and employer contributions). Figure your HSA ded...

How much should be in 401K when you retire?

Retirement Savings Goals If you are earning $50,000 by age 30, you should have $50,000 banked for retirement. By age 40, you should have three times your ...

How do I audit proof of my tax return?

Ten Ways To Audit Proof Your Tax Return Don’t claim flaky deductions. Use a pro, or use software. Don’t file electronically. Check your math. Account for ...

What is ROI calculation?

Return on investment (ROI) is calculated by dividing the profit earned on an investment by the cost of that investment. For instance, an investment with a...