Each category includes what it covers, why it qualifies as deductible, and any special IRS rules or limits you should know.

The ability of accounting software to adapt to business expansion represents a fundamental requirement for selection. A small ...

Virtual cards can provide proactive spending control, which reduces waste and increases cash flow visibility. Real-time ...

Accountant general Andreas Antoniades told the House public expenditure committee this week that the treasury plans to introduce accrual accounting for revenues and expenses, on an unofficial basis, ...

Suzanne is a content marketer, writer, and fact-checker. She holds a Bachelor of Science in Finance degree from Bridgewater State University and helps develop content strategies. Crea Taylor / ...

For decades, employee expense reporting has followed a familiar path: employees submit reports, managers approve them and the accounting department performs a final review. This workflow made sense ...

Selling and administrative expenses include costs like marketing and rent, not tied to product production. Managers use these expenses to tailor company strategies and optimize operations. Frequent ...

Bitcoin (CRYPTO: BTC) mining expenses rose sharply in the final quarter of 2024, with CoinShares reporting that the total average cost to produce one Bitcoin, including non-cash items, climbed to $137 ...

Meta Platforms Inc. made a small change last month that’s likely to increase the company’s profit by billions of dollars this year. It wasn’t the release of a new product or cost cuts. It was a tweak ...

Preferred Bank reports $8.1 million occupancy expense adjustment due to lease accounting error, impacting earnings per share by $0.43. Preferred Bank announced it found an unreconciled difference in ...