Discover how accruals affect company finances, with insights into the accrual accounting method, its applications, and ...

The newly enacted version of section 163(j) limits deductions for business interest expense. In general, it limits a taxpayer’s interest expense deductions for a taxable year to the sum of 30 percent ...

EBITDA is the acronym for earnings before interest, taxes, depreciation, and amortization. As its name implies, it is income before interest expenses, tax payments, and costs for depreciation, and ...

A major part of budgeting is projecting fixed expenses versus variable expenses. The fixed ones are often much simpler to plan for because they will change less frequently and often the merchant ...

Some taxpayers might choose not to rely on the proposed regulations, particularly if certain requirements of the proposed regulations provides for unfavorable results that might be avoided. The TCJA ...