The Daily Horizon

Featured Article

Are military personnel exempt?

Of the 17 states that we randomly selected, only two exempt military pay income from taxes, exempting all compensation earned by servicemen, including gua...

Read Full Article Browse global events

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Do shareholders make decisions in a corporation?

A corporation is a type of business that sells shares of stock to investors and the stockholders become the owners of the company. Stockholders generally ...

What is meant by limited liability in business?

Limited liability is a form of legal protection for shareholders and owners that prevents individuals from being held personally responsible for their com...

Do you get your money back if you default on a mortgage?

If you default and are foreclosed through a California court, you will have one year to buy your property back from the person who bought it from a forecl...

Can I get my retirement money back?

The IRS allows penalty-free withdrawals from retirement accounts after age 59 ½ and requires withdrawals after age 72 (these are called Required Minimum D...

How do I find out about a tax lien on my property?

Each lien is given an ID number and the county should have information on each one, including the property address, owner’s name, a description of the pro...

How do you analyze an investment proposal?

How to determine today’s net present value Determine the present value for the first year’s cash flow. Determine the present values for the second, third,...

What is EBITDA in simple terms?

EBITDA, or earnings before interest, taxes, depreciation, and amortization, is a measure of a company’s overall financial performance and is used as an al...

What happens to shareholders when a company restructures debt?

The short answer is that most of the time, the stock of a company in Chapter 11 becomes worthless and shareholders get completely wiped out. The new share...

Can you transfer ownership of a CD?

Certificate of Deposits can only be moved in the same bank, and that too for ownership / estate handling purposes. Any other form of movement, within and/...