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Can you claim for buying a van when self employed?

You can claim the cost of buying a van as expenses against your income tax bill, but how you do so depends on how you pay tax. If you use traditional acco...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How can I manage money with no income?

13 Tips for how to save money on a low income Build a budget that works for you. Lower your housing costs. Eliminate your debt. Be more mindful about food...

What is the hardest store credit card to get?

Hardest Credit Cards To Get of 2021: Hardest Overall: Centurion® Card from American Express. Luxury Travel: J.P. Morgan Reserve Credit Card. Rewards: Chas...

What are the requirements for ITIN?

Below is the list of the only acceptable documents: Passport (stand-alone document) * National identification card (must show photo, name, current address...

What is a toxic ex wife?

The toxic ex-wife or husband doesn’t respect the boundaries of their relationship with their ex. They have never really let go of their mates and will han...

What is considered full-time for small business?

The ACA considers a company with 50 or fewer employees to be a small business. Small businesses can qualify for the Small Business Health Options Program ...

Does a company have to file a tax return?

All businesses except partnerships must file an annual income tax return. If you do not pay your tax through withholding, or do not pay enough tax that wa...

What happens if you are separated for 14 years but never divorce?

Choosing separation over divorce has its benefits. But what happens if your separation lasts for 14 years, and you never got legally divorced? There are c...

What happens to your shares when a company gets bought out?

If the buyout is an all-cash deal, shares of your stock will disappear from your portfolio at some point following the deal’s official closing date and be...

How is an employer notified of a wage garnishment?

Employers are typically notified of a wage garnishment via a court order or IRS levy. They must comply with the garnishment request, and typically start w...