The Daily Horizon

Featured Article

What did Plato say about knowledge?

Plato believed that there are truths to be discovered; that knowledge is possible. Moreover, he held that truth is not, as the Sophists thought, relative....

Read Full Article Browse health

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What financial statements are needed for taxes?

Taxes appear in some form in all three of the major financial statements: the balance sheet, the income statement, and the cash flow statement. Deferred i...

Why did you want to start your own lawn care business?

Flexibility is one of the reasons many people want to start their own business. A lawn care business has much to offer and can morph into something much b...

Is a VC an investment company?

Venture capital (VC) is a form of private equity and a type of financing that investors provide to startup companies and small businesses that are believe...

What does it mean when an auction item is passed?

Once the first bid is made, others may offer higher bids. If a work sells, the auctioneer announces, “sold.” If the item does not meet its reserve or ther...

Can a broker buy and sell property in his own name?

Generally speaking, a licensed real estate agent can represent themselves for buying or selling a property. Proper disclosure must be made to all parties ...

Do bonuses count as gross income?

Unfortunately it isn’t, and you must include your bonuses on your tax return. This will inevitably increase your adjusted gross income, or AGI—which can p...

How is SDE calculated?

The simplest way to find the value of a company is by using the income approach. It’s based on seller’s discretionary earnings (SDE). Your SDE consists of...

Can you raise money for charity on Kickstarter?

Nonprofits and charitable organizations are absolutely allowed to use Kickstarter to raise money for specific projects or endeavors that fit within our gu...

Can an inherited Roth IRA be passed on?

Option 2: Open an Inherited IRA, Life Expectancy Method With this option, the assets are transferred into an Inherited Roth IRA in your name. But you have...