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What do companies offer their employees?

Depending on the company, these benefits may include health insurance (required to be offered by larger companies), dental insurance, vision care, life in...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is the smallest amount of Social Security you can get?

DEFINITION: The special minimum benefit is a special minimum primary insurance amount ( PIA ) enacted in 1972 to provide adequate benefits to long-term lo...

What are the principles of the corporate finance?

All of corporate finance is built on three principles, which we will call, rather unimaginatively, the investment principle, the financing principle, and ...

How do you borrow money from an investor?

You can typically borrow up to 50 percent of the equity in your margin account. You can use the proceeds from the margin loan to invest in additional secu...

What makes an S corporation unique?

S Corp Advantages Limited liability. Company directors, officers, shareholders, and employees enjoy limited liability protection. Pass-through taxation. I...

Is money considered income?

What Is Income? Income is money or the equivalent value that an individual or business receives, usually in exchange for providing a good or service or th...

What is the 50 bonus depreciation?

The new law increases the bonus depreciation percentage from 50 percent to 100 percent for qualified property acquired and placed in service after Sept. 2...

What does it mean to carry a loan on a house?

Seller/Owner “Seller/Owner Will Carry” or “Seller/Owner Financing” is when the owner of the property is financing the loan for the buyer to purchase the p...

How does a 401k withdrawal affect my taxes?

Taking an early withdrawal from a retirement account — or taking cash out of the plan before you reach age 59½ — can trigger income taxes on the amount, a...

Are excess loan proceeds taxable?

Contributor. You got cash when you borrowed the money, and when you don’t have to repay it, that cash is no longer loan proceeds. The tax code generally t...