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Is sustainable development costly?

Purchasing sustainable items does seem to be more expensive compared to mainstream alternatives. It’s the same story across most items: fashion, food, bea...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

Does temporary time count towards federal retirement?

“When a temporary employee converts to a permanent employee, the temporary service time is not considered when calculating the FERS retirement benefit,” N...

Can a US citizen get a loan from another country?

Many banks and lenders will not issue a loan to non-citizens without a cosigner, but it is still possible. There are exceptions, such as Stilt, which enab...

Do I have a pension from an old job?

Fortunately, The Pension Tracing Service is here to help. The Pension Tracing Service is free and can help you trace a pension you’ve lost track of, even ...

Is motor vehicle an expense in accounting?

Motor vehicle expenses, other than business mileage, can only be claimed if the vehicle is a company vehicle (in the company’s name) and is not owned pers...

What financial information should I ask for when buying a business?

What is the company’s financial status? Ask for audited year-end financial statements (balance sheets, income statements and cash flow statements) for the...

When can start up costs be expensed?

The IRS allows you to deduct $5,000 in business startup costs and $5,000 in organizational costs, but only if your total startup costs are $50,000 or less...

How do REITs work in Roth IRA?

The short answer is that there probably are no tax consequences of owning real estate investment trusts (REITs) in a Roth IRA. For a little more color, Ro...

What should I invest 50000 in?

10 ways to invest £50k Larger UK shares. “Small-cap stocks” – smaller UK companies. Global shares. Funds, including active funds, exchange-traded funds (E...

Do I need to complete w-8BEN?

Why Does the IRS Require Form W-8BEN? The Internal Revenue Service requires W-8BEN because foreign individuals are normally subject to a 30% tax withholdi...