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Can an S corp be owned by a partnership?

Limitations: Corporations may not own shares in an S corp, nor can non-resident aliens or partnerships. There are no exceptions to these limits. Is an S C...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What does preceding statement mean?

preceding usually implies being immediately before in time or in place. the preceding sentence antecedent applies to order in time and may suggest a causa...

Where can I find historical stock prices?

Ask your broker for your basis information. If you don’t have a broker,or are unable to get replacement basis information from him,go to an investment web...

Can I move my 401k to money market?

401(k) plans allow you to diversify money inside of a tax shelter for your retirement. The average plan gives you stock funds, bond funds and a money mark...

How do you end a small business?

Follow these steps to closing your business: Decide to close. File dissolution documents. Cancel registrations, permits, licenses, and business names. Com...

What is equipment transfer?

Transfer In is when an equipment item is brought into the University or department from another university, agency, or another University department. Equi...

Which is the best online tax filing software?

Our tax software is NETFILE certified, which ensures that electronically filing your taxes with the CRA and Revenu Québec is completely secure and confide...

What type of questions Cannot be asked in court?

You must ask questions beginning with words such as Who, What, Where, When, Why, How, Describe, Tell, Explain, etc. You should ask questions that allow th...

What is the difference between financial and taxable income?

Taxable income is the amount of income a company must pay taxes on, while pre-tax financial income is the amount a company makes before taxes are factored...

What is DBA for independent contractor?

Independent contractors are required to file a DBA registration form and provide their legal name, the desired DBA name, and general information about the...