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Does 1099 have to file quarterly?

Must I file quarterly forms to report income as an independent contractor? You may need to make quarterly estimated tax payments. For information on estim...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do you become a repo man in NY?

In New York City, becoming a repossession agent is a relatively simple process. Get your New York state commercial driver’s license (CDL). You must pass a...

Why did I get an ACH credit from the IRS?

When you elect to have your IRS or state tax refund directly deposited into your bank account, it’s an ACH credit as well because it pushes funds into you...

Is VA disability earned or unearned income?

SSA classifies VA benefits as “unearned income,” since it does not come from paid employment. As such, it will be deducted dollar for dollar from the SSI ...

Are payment bonds refundable?

This is what is commonly known as a bail bond. The bail bond premium is non-refundable. The premium is a fee for the bail agent’s services to manage the d...

What is an examination of income tax returns?

FS-2006-10, January 2006 The IRS examines (audits) tax returns to verify that the tax reported is correct. Selecting a return for examination does not alw...

When do children need to file their own taxes?

By Stephen Fishman, J.D. Sometimes one or more of your children will need to file their own tax returns. This can be true even though they are still your ...

What is corporation tax and how does it work?

Corporation Tax is levied on company profits as well as any money your business makes from investments or selling capital assets for more than they cost. ...

When did Merck Spin off Medco?

August 12, 2003 On August 19, 2003, Merck & Co., Inc. (“Merck”) distributed all of the outstanding common stock of Medco Health Solutions, Inc. (“Medc...

How much money do interior designers get paid?

The average salary for an interior designer in California is around $60,360 per year. How much do interior designers earn per week? Industries: Most work ...