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What does a head above mean?

—used to say that someone or something is much better than others They are/stand head and shoulders above the competition. What is meaning of keep your he...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can I convert my line of credit to a mortgage?

You may be able to consolidate your unsecured debt into your first-time mortgage. So, if your LTV is under a certain amount (typically 80% or less) your l...

How is preferred stock reported?

All preferred stock is reported on the balance sheet in the stockholders’ equity section and it appears first before any other stock. The par value, autho...

Why do you need money in escrow?

In real estate, escrow is typically used for two reasons: To protect the buyer’s good faith deposit so the money goes to the right party according to the ...

When you leave a company what happens to your profit sharing?

If an employee who, as part of their compensation, was part of a profit-sharing program has resigned or been terminated in the fiscal year prior to the fi...

How can I become a millionaire in one year?

8 Tips to Become a Millionaire This Year Develop a written financial plan. Focus on increasing your income. Take advantage of Uncle Sam’s generosity. Incr...

Do you have to file Form 1098 mortgage interest?

No, you don’t have to actually file Form 1098—that is, submit it with your tax return. You only have to indicate the amount of interest reported by the fo...

Is cash-out from refinance taxable?

The IRS doesn’t view the money you take from a cash-out refinance as income – instead, it’s considered an additional loan. You don’t need to include the c...

What was the price of silver in 1987?

1987 Silver Spot Prices – Daily Silver Price Fix Data Below Date Silver price in US dollars per troy ounce January 30, 1987 $5.55 oz February 2, 1987 $5.5...

Why does my W-2 have a different company name?

As long as the EIN on your W-2 matches the EIN you are entering (or importing), this difference in the name won’t affect your tax return. The name they us...