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What are the average working hours for a dentist?

Full-time dentists spend approximately 36 hours per week in their practices, of which approximately 33 hours per week is spent treating patients. They hav...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What do you need to know about Married Filing Separately?

Let’s go through the details and information below about eligible filing statuses. What is Married Filing Separately (MFS)? MFS – Married Filing Separatel...

Are monetary gifts from family taxable income?

Essentially, gifts are neither taxable nor deductible on your tax return. Also, a monetary gift has to be substantial for IRS purposes — In order for the ...

Can you get extra money when buying a house?

203K Rehab Loans This is the best avenue for getting extra money from your mortgage when you buy a home. If you want to buy a home and get a mortgage for ...

Is it better to have a sole proprietorship or partnership?

A sole proprietor is limited to money he can invest in the business, loans from family and friends and third-party credit. Partnerships enable you to shar...

Where do property taxes go when you pay a mortgage?

When you pay property taxes along with your mortgage payment, your lender deposits your property tax payment into an escrow (or impound) account. When you...

How much money do you need invested to stop working?

According to this widely-accepted concept, you can safely withdraw 4% of your investment portfolio’s value each year and never worry about going broke. In...

Can I buy a house with an amended tax return?

If you file an amended return after you apply for a mortgage, the lender may need proof that you paid any tax you owe and an official reason for the amend...

Do I have to file OK state tax return?

Non-residents are also required to file a state income tax return when they receive gross income of at least $1,000 of Oklahoma source income….Oklahoma’s ...

Do both husband and wife have to sign purchase agreement?

But in California, where the community property laws often affect ownership between a husband and wife–sometimes even without their knowledge–it is pruden...