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What is the difference between general partners and limited partners?

The difference between a general partner vs. limited partner is a general partner is an owner of the partnership, and a limited partner is a silent partne...

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Knowledge Base

Latest insights and tutorials from the The Daily Horizon team.

How do I stop a collection agency from harassment?

Fortunately, there are legal actions you can take to stop this harassment: Write a Letter Requesting To Cease Communications. Document All Contact and Har...

Can you live on your own at 17 in South Carolina?

Yes ,South Carolina State Law does say you can leave at 17 yrs. old but you have to remember the two others that have a say so in this here is the grey ar...

Can a retired CPA prepare tax returns?

“They can’t perform or offer to perform services in accounting, auditing, financial statements management advisory, financial advisory or consulting servi...

Do insurance companies have to quote you?

It will get an insurance quote for you (usually the first company you approached will be asked to quote) unless there are good public policy reasons why y...

How do you calculate net future value?

The future value formula future value = present value x (1+ interest rate)n Condensed into math lingo, the formula looks like this: FV=PV(1+i)n In this fo...

What happens to your taxes when you close a corporation?

Shareholders of S corporations report the flow-through of income and losses on their personal tax returns and are assessed tax at their individual income ...

Is 300k enough to start a business?

Really depends on your skillset, ambition, drive, willpower, 300k is definitely enough lets say to startup a small to medium construction business(example...

Are HSA contributions deducted from paycheck?

Your annual contribution will be divided into equal amounts and deducted from your payroll before taxes. Direct contributions can also be made from your p...

Is a satisfaction of mortgage recorded?

In order to clear the title to the real property owned by the mortgagor, the Satisfaction of Mortgage document must be recorded with the County Recorder o...