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What do leasehold improvements include?

A leasehold improvement is anything that benefits one specific tenant, usually in a commercial property. This includes painting, adding new walls, putting...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What makes a good quality daycare?

Overall elements of quality Health, safety and good hygiene. Good nutrition. A well-maintained environment set up for children. An adequate number of staf...

Can a company director be personally liable?

Simply put, limited liability is a layer of protection placed between the company and its individual directors. This means the directors cannot be held pe...

How do you measure liquidity?

The current ratio (also known as working capital ratio) measures the liquidity of a company and is calculated by dividing its current assets by its curren...

Can a California C Corporation become a S corporation?

When a corporation elects federal S corporation status it automatically becomes an S corporation for California. The corporation can elect to remain a Cal...

Can I open a tax-free account for my child?

You cannot open an IRA account in a child’s name, however, a child can open their own when they start earning taxable income. Families can open a custodia...

What banks hold gold bars?

Most banks opt to store gold in their subterranean vaults, although some banks keep their physical gold in foreign reserves. For example, of its 600 tonne...

What will happen if the withholding agent fails to withhold final taxes?

As a withholding agent, you are personally liable for any tax required to be withheld. If you fail to withhold and the foreign payee fails to satisfy its ...

Can you retire early 59?

If you retire before 59 1/2, you’ll usually pay a 10 percent early withdrawal penalty from most tax-deferred accounts, such as traditional IRAs and 401(k)...

What method have used to collect data?

Case Studies, Checklists, Interviews, Observation sometimes, and Surveys or Questionnaires are all tools used to collect data. It is important to decide t...