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The Daily Horizon
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Which banks allow post office deposits?

Most allow cheque and cash deposits, balance enquiries plus withdrawals. The main players include Bank of Scotland, Barclays, First Direct, Halifax, HSBC,...

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Which is better for me LLC or S corp?

While it may depend on your specific circumstances, in general, a default LLC tax structure is better than an S corp for holding rental properties. This i...

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What do you need to know about Form 5471?

A foreign corporation files an 1120-F to report its income, gains, losses, deductions and credits, and to figure its U.S. income tax liability. A Form 547...

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How do I get a business license in Torrance CA?

Visit the Finance Department, Business License Division at 3031 Torrance Boulevard, Torrance, California 90503 or call (310) 618-5828. You could also visi...

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Is it legal to buy stock in a company you work for?

Understanding Insider Trading Insiders are legally permitted to buy and sell shares of the firm and any subsidiaries that employ them. Legal insider tradi...

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Can you run a credit check on an EIN?

Checking your Employer Identification Number (EIN) credit provides you with insight into your business’s creditworthiness. Like a personal credit score, y...

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What does withholding name mean?

Withholding is the portion of an employee’s wages that is not included in their paycheck but is instead remitted directly to the federal, state, or local ...

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What are disadvantages of LLCs?

Disadvantages of creating an LLC Cost: An LLC usually costs more to form and maintain than a sole proprietorship or general partnership. States charge an ...

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How do you sell to local restaurants?

7 Ways to Sell Your Produce to Local Restaurants Know Your Audience. Scan your local food scene for hot restaurants. Research Hard-to-find Crops. Operatin...

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How can I lower my health insurance premiums?

How can I lower my monthly health insurance cost? You can’t control when you get sick or injured. See if you’re eligible for the tax credit subsidy. Choos...

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