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Can you day trade multiple stocks?

1 It can be a buy-to-open and a sell-to-close or a short sale closed by a buy order. If you do four or more day trades within five trading days, the SEC l...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What is the selling approach to marketing?

What is Sales Approach? a) The instant buddy – Salespeople who use this approach are warm and friendly and try to connect to the customer at an emotional ...

What happens if I give my Daughter the House?

If your daughter divorced or went bankrupt, her share of the property would potentially be exposed to third party claims. No amount of tax saving can comp...

What does theft by unlawful taking mean?

Theft by unlawful taking occurs when a person intentionally takes control over another person’s movable property or obtains another’s immovable property w...

Can law firms be corporations?

A professional corporation is the entity of choice for law firms in California. Seek the help of a corporate lawyer to help you form your s corp properly....

What should interim financial reports include?

Understanding Interim Statements These include a series of condensed statements covering the company’s financial position, income, cash flows, and changes...

What happens when you fail a financial audit?

The most common penalty imposed on taxpayers following an audit is the 20% accuracy-related penalty, but the IRS can also assess civil fraud penalties and...

What is sales receivables turnover?

The receivables turnover ratio measures the efficiency with which a company collects on its receivables or the credit it extends to customers. The ratio a...

Can my spouse take money out of my 401k?

To make a withdrawal from a 401(k) account, you must typically be the account’s owner. A spousal 401(k) cannot be touched, even if the spouse is a benefic...

Do savings bonds become part of an estate?

The bond is part of the estate of the person who died last. The surviving person becomes the owner as if the survivor had been the only owner from the tim...