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Can an owner take a draw from the PPP?

When it comes to the PPP, your payroll will be limited to the wages that you are taxed on. This will not be owner draws, distributions, or loans to shareh...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What are the dangers of balance transfers?

Balance transfer risk No. You pay for something with your card. Balance transfer risk No. You forget to make a payment. Balance transfer risk No. You pay ...

Can an agent represent buyer and seller?

What is a Dual Agent? Dual agent – A real estate agent may act as a double agent representing both the buyer and the seller in a real estate transaction b...

How much do health and wellness blogs make?

Income Total: $15,534 Ads: $1721. Affiliates: $1850. Network Marketing: $764. My Own Products: $11,198. Should I start a wellness blog? That’s because hav...

Can you have Roth and traditional IRAs?

Yes, if you meet the eligibility requirements for each type You may maintain both a traditional IRA and a Roth IRA, as long as your total contribution doe...

What happens if I withdraw from my 401k early?

If you withdraw from your retirement account early, you’ll have to pay ordinary income tax plus a 10% tax penalty. For instance, if you take out $45,000 i...

What divorced parents should never do?

Things Parents Should Never Do in a Divorce Avoid Fights in Front of Your Children. Don’t Speak Poorly of the Other Parent. Never Use Your Children to Com...

Can my spouse access my 401k?

If your wife has an account that is only in her name, then you cannot access that account without her permission. You may deposit funds into it, but legal...

Does a debit card help build credit score?

Purchases made with a debit card do not help you build credit. When you use a debit card, the funds are automatically taken directly from your checking ac...

What to do before closing on a refinance?

Here are some of the items you’ll need to bring to closing: Identification such as a driver’s license, government-issued photo ID or passport. A cashier’s...