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What are the similarities between bookkeeping and accounting?

Because they both work in the financial space, bookkeepers and accountants share some similarities. Both work with financial data. Common goal of improvin...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What are the 4 types of insurance that is generally required for a commercial construction project?

The Ultimate Guide to Insurance in the Construction Industry Contract Works Insurance – The ‘Works’ Tradies Insurance. Home Warranty. Workers’ Compensatio...

Will at fault insurance pay for medical bills?

Even if the person who injured you is clearly at fault, the law does not require him or her to pay your medical bills on an ongoing basis. How do insuranc...

What are the 2 main insurance?

When it comes down to it, there are essentially two kinds of policies: term life insurance and whole life insurance. What are the two essential types of i...

Are employer contributions to health plans taxable?

Employer contributions to a non-group insurance plan* are a taxable benefit even if the plan is for sickness, accident or disability insurance. For exampl...

Does insurance cover if you have no license?

Can I get car insurance without a license? Generally, yes. You can buy insurance and register a car even if you don’t have a driver’s license. However, yo...

How did industry change during ww2?

During WWII, Industries Transitioned From Peacetime to Wartime Production. Prior to World War II, factories in the United States were turning out automobi...

What are class codes for general liability insurance?

General liability class codes enable insurance companies to group insureds based on the type of work being performed and to collect statistical data affec...

Will renters insurance cover carpet replacement?

When Rental Insurance Counts. Unless you paid for and installed them yourself, carpets are your landlord’s property. Your landlord’s homeowner’s insurance...

How much will my insurance go up after a ticket?

How much does car insurance go up after a speeding ticket? Car insurance typically goes up about 25% after a speeding ticket, NerdWallet’s 2020 rates anal...