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Can you close a sold call option?

If you are short (sold) a call, you have to “buy to close” that same exact call to close your position. If you own a put, you have to “sell to close” exac...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

What do I Wish I knew when starting a business?

So again, 90/10 rule. That’s the first thing I wish I knew when starting a business. It would’ve allowed me to put more of my own time, energy, and money ...

Can a trust make a 645 election?

Well, a §645 election allows the executor of an estate and the trustee of a revocable trust to elect to treat the estate and the trust as one for tax purp...

How are accounts presented?

The list of each account a company owns is typically shown in the order the accounts appear in its financial statements. That means that balance sheet acc...

What will you account if fixed assets depreciate?

Depreciation of fixed assets must be calculated to account for the wear and tear on business assets over time. As depreciation is a noncash expense, the a...

What does forwarding a payment mean?

The simplest way to define “pay it forward” is that when someone does something for you, instead of paying that person back directly, you pass it on to an...

Is there a foreclosure moratorium in Ohio?

Ohio Foreclosure Law: COVID-19 Foreclosure Moratorium and Forbearance. Foreclosure moratorium and consumer right to request forbearance due to COVID. Gave...

Can I buy an extended warranty after purchase?

An extended car warranty is repair coverage that kicks in after the typical manufacturer auto warranty has expired. You can even purchase an extended warr...

What are government issued documents?

Government issued ID definition. A government-issued ID is an identification document issued by the United States federal or local state government that a...

How can I change my mindset of debt?

Here are some actionable steps you can take to have a good debt mindset and pay off your debt fast: Acknowledge that you have had a bad mindset about your...