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How can I find out if I have a 401k from a previous employer?

The first and best method of locating a 401k is to contact your old employers. Ask them to check their plan records to see if you ever participated in the...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Will Chase reopen my credit card?

Certain credit card companies will allow you to reopen your account, but not all of them. AMEX and Chase are known for being generous with reopening accou...

Can my mother buy me a house?

Can my mom and I buy a house together? Absolutely. You can co-finance a house through a lender with one or both parents. Under current lending regulations...

What percentage of your income can you give to charity tax free?

In general, you can deduct up to 60% of your adjusted gross income via charitable donations (100% if the gifts are in cash), but you may be limited to 20%...

How do you file taxes if you are married but separated?

The IRS considers you married for the entire tax year when you have no separation maintenance decree by the final day of the year. If you are married by I...

What is vocational education in high schools?

Vocational education, or career and technical education, is exactly what it sounds like. Students learn skills that prepare them to work in a particular f...

How many years you can stay in condo?

ALTHOUGH the lifespan of a condominium unit is limited by law to only 50 years, there are a number of options that allow owners to profit from their inves...

What is the major criticism of the lower of cost or market rule?

What is the major criticism of the lower of cost or market rule? The major criticism of the lower of cost or market rule is that it is inconsistent, becau...

What salary do I need for a 600k mortgage?

You need to make $184,575 a year to afford a 600k mortgage. We base the income you need on a 600k mortgage on a payment that is 24% of your monthly income...

How does a k1 loss affect my personal taxes?

If your K-1 shows a net loss, you report it on the appropriate tax schedule, for example Schedule E for a partnership. Then you write in the loss on your ...