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How do you handle inconsistent payments from clients?

How to collect overdue payments Discuss all costs and payment terms before you begin a project. Bill for work upfront. Send invoices right away. Be persis...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Do all veterans automatically get life insurance?

Application Process Servicemembers’ Group Life Insurance (SGLI) SGLI coverage is automatic. All Servicemembers with full-time coverage should use the SGLI...

Can I convert my pension to cash?

Since 2015 it is possible to take your entire pension fund in one go as cash. Three quarters of the amount you withdraw counts as taxable income. Dependin...

Can a grandparent get joint custody of a grandchild?

A grandparent can receive full or shared custody of their grandchild. When a parenting order means that a grandparent legally becomes a child’s primary ca...

Can I deduct contributions to a defined benefit plan?

Defined benefit plans are qualified employer-sponsored retirement plans. For example, your employer can generally deduct contributions made to the plan. A...

What are UNICAP expenses?

Definition of UNICAP UNICAP stands for uniform capitalization, as noted above. In general, it refers to the set of tax rules governing how a business must...

What is the average fixed rate for a 30-year mortgage?

2.939% For today, June 28th, 2021, the current average mortgage rate on the 30-year fixed-rate mortgage is 2.939%, the average rate for the 15-year fixed-...

Can I stop paying my 401k loan?

If you can’t repay the loan, it is considered defaulted, and you will be taxed on the outstanding balance, including an early withdrawal penalty if you ar...

What is the import duty on gold in India?

India cut import duties on gold and silver to 7.5% from 12.5%, but imposed a 2.5% cess – a separate tax – on the imports, Finance Minister Nirmala Sithara...

What is the business model of a small software development company?

Often the companies use a distribution approach, to deliver services or develop a product for their clients. There are three software development business...