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What are accounting questions?

Here are some common accounting questions about setting up books for small business. How should I record transactions? Should I use cash-basis or accrual ...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Can you write off a travel trailer as a business expense?

Yes, your RV can be a tax write-off, no matter how long you’ve owned it. New and used RVs are both eligible for tax deductions in many states. If your RV ...

Can I get a car if im self-employed?

If you’re not a regular W-2 employee, it’s still possible to get approved for an auto loan. You can buy a car while being self-employed as long as you mee...

What happens when you get audited by New York State?

An audit may result in a bill for: additional tax, penalties and interest; the denial of a refund or credit you claimed; a proposed refund based on overpa...

What is the acronym for Stand?

STAND Acronym Definition STAND Stay True and Never Deviate (youth guidance organization) STAND Start Taking Action Now for Diabetes (US national movement)...

Which consultant is best for abroad job?

Top Overseas Job Consultants in India – Best Consultants For Abroad Jobs Aspire World Immigration Consultancy Services LLP AUSTRALIA. View More.. Australi...

Is CCB going up in 2021?

In May, the government announced a CCB supplement of up to $1,200 in 2021 for families with children under the age of six. Households with young children ...

Is the age for required minimum distribution changing?

Under a provision in proposed retirement legislation pending in Congress, required minimum distributions, or RMDs, would start at age 75 by 2032, up from ...

What possible disadvantages are there to incorporating in Delaware?

Potential Disadvantages of Incorporating in Delaware Additional filing costs. Recurring annual cost for registered agent and attorney in Delaware. Extra F...

Can a legal trust be broken?

The terms of an irrevocable trust may give the trustee and beneficiaries the authority to break the trust. If the trust’s agreement does not include provi...