The Daily Horizon

Featured Article

Can I start a retirement fund on my own?

Starting a 401(k) Without a Job 401(k) plans are employer-sponsored plans, meaning only an employer (including self-employed people) can establish one. If...

Read Full Article Browse technology trends

Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What happens to excess funds from a tax sale?

When a property is sold at a tax foreclosure sale for more than the total delinquent tax amount, any excess funds over that amount are placed into an over...

Can an EIN be closed?

The IRS cannot cancel your EIN. Once an EIN has been assigned to a business entity, it becomes the permanent Federal taxpayer identification number for th...

What types of banks are FDIC protected?

In general, nearly all banks carry FDIC insurance for their depositors. However, there are two limitations to that coverage. The first is that only deposi...

Can a sole trader lease a car on a business deal?

If you are self-employed then you can get a business car lease because you’re essentially operating as a sole trader. Is there a tax break for leasing a c...

What do you need to know about CPAs in Canada?

Your source for the latest Canadian tax news and updates on changing tax laws. Working collaboratively with the Canada Revenue Agency (CRA) we aim to brin...

How do you evaluate a 401k provider?

Selecting Your Company’s 401(k) Provider Step 1: Evaluate Your Top 401(k) Provider Needs. Step 2: Look for 401(k) Providers with Transparent Fees. Step 3:...

Can you deduct losses in Roth IRA?

The Internal Revenue Service does not permit you to deduct losses from your Roth IRA on a year-to-year basis, so the only way to deduct your losses is to ...

Does Ubereats count as Rideshare?

Uber Eats, a food delivery service, provides an alternative for drivers wishing to make money with Uber but not wanting to take part in ridesharing. Uber ...

Do you need an EIN for an online business?

The IRS requires you to get an EIN if your online store is in the United States or a U.S. territory and you have employees, you withhold taxes on the wage...