How is equity in a house divided in a divorce?
The cleanest way to divide the home’s equity is to sell the house. Once the couple retire the mortgage debt, pay taxes and the sale-related expenses, they...
Knowledge Base
Latest insights and tutorials from the The Daily Horizon team.
Why did discover freeze my account?
Freezing your account tells Discover that you don’t want us to authorize new purchases, cash advances or balance transfers until you unfreeze. Will pendin...
Read More →Will I ever get over my husbands death?
You’ll never “get over” the loss of your loved one, but the painful feelings you’re experiencing will lessen as you accept the loss. While you’re often di...
Read More →How many shares of common stock can a second Corporation issue?
2. The Second Corporation is authorized to issue a total of 10,000 shares of $.10 par value common stock. Calculate the price per share the corporation mu...
Read More →What does it mean to have credit in good standing?
Having your credit card account in good standing generally means that you’re abiding by the terms of your credit card agreement. While what counts as “goo...
Read More →Where do I find final return for closing a business?
Check the “final return” box on Schedule K-1, Shareholder’s Share of Income, Deductions, Credits, Etc. Regardless of the type of corporation, you may also...
Read More →How long does Chase give you before they close your account?
When the bank teller or representative picks up, tell them that you wish to close your account. They will inquire about information regarding you and your...
Read More →What are the best ways to tax shelter money?
There are many ways to reduce your tax burden, but make sure you aren’t illegally evading taxes by using a legal tax shelter. Set Up a Retirement Account....
Read More →Can a mortgaged property be transferred?
The mortgaged property can be transferred/inherited only with the written consent of the lender. This means that if a person passes away while the home lo...
Read More →Who are the business customers?
In marketing: Business customers. Business customers, also known as industrial customers, purchase products or services to use in the production of other ...
Read More →