The Daily Horizon

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Can I go to jail for not paying a business loan in India?

Loan defaulter will not go to jail: Defaulting on loan is a civil dispute. Criminal charges cannot be put on a person for loan default. It means, police j...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do I dispute a 1099-R?

You can dispute a 1099-R and still file your taxes on time by contacting the payer on the form and asking for help from the IRS. Locate the records you ha...

What business can I start with 10k pesos?

Small Businesses In The Philippines With A 10k Capital Accounting And Bookkeeping Business. Cleaning Service Business. Computer Repair Business. Gift Bask...

How can I responsibly pay off a small business loan?

Tips to Responsibly Pay-off Your Small Business Loan Highlights. Avoid borrowing more than what you can repay. Set up automatic payment option for timely ...

Can husband and wife both contribute to SEP-IRA?

If you file a joint return and have taxable compensation, you and your spouse can both contribute to your own separate IRAs. It doesn’t matter which spous...

How long does W8 form take to process?

Your completed form will be submitted for processing. When your W-8 is approved, the Status Centre will show the status “Completed”. It may take 5 busines...

Will I lose my pension credit when my wife gets her state pension?

Right now, someone over 65 living in a couple can claim pension credit regardless of their partner’s age. If you already claim pension credit and your par...

Are credit card Judgements public record?

Civil judgments and your credit report Judgments are no longer factored into credit scores, though they are still public record and can still impact your ...

Can you have savings accounts with multiple banks?

There is nothing against opening multiple savings accounts as long as you can meet the bank’s or credit union’s requirements. Then, if you don’t like the ...

What happens if you inherit a pension?

If no money has been taken from the pension when you die Your beneficiaries can usually withdraw all the money as a lump sum, set up a guaranteed income (...