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Do corporations have required year ends?

Ordinarily, sole proprietors, partnerships, limited liability companies, S corporations, and personal service corporations are required to use the calenda...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How does Medicaid pay for nursing home care?

In almost all situations, Medicaid will pay for the complete cost of nursing home care including all care and room and board. Furthermore, Medicaid will p...

Are blue-chip stocks good for long term?

The biggest benefit of blue chip stocks is their reliability. These companies are known to do well over the long term, even during market downturns. “They...

Is it worth it to invest in an IPO?

For example, if the money is being deployed to repay loans or buy the equity from founders or private investors, it may be worth giving the IPO a miss. Th...

Do employers pay for masters degree?

Employers generally only pay for your Master’s degree if they will reap the benefits of your education, so when you embark upon a Master’s degree program ...

Can I lease a car through my S corp?

While you cannot deduct the full amount of a lease payment, the IRS does allow you to deduct most of the cost minus an inclusion amount, or you can deduct...

How much should I invest for a R20 000 monthly income?

If we get better growth – for example 10%, the picture would be a lot different. At the end of the term, ie 20 years – assuming 6% growth, a 6% withdrawal...

Is a reverse mortgage a good option for a retiree?

As inflation concerns grow, many retirees worry about their purchasing power. Retirees may consider a reverse mortgage for inflation protection, financial...

How do small businesses get investors?

Here are our top 5 ways to find investors for your small business: Ask Family or Friends for Capital. Apply for a Small Business Administration Loan. Cons...

How do you thank someone for military service?

Thank you for your sacrifices, for your valor, for the things you carry, for protecting us, and for defending our rights. Thank you to all our veterans fo...