When your “expense tracking system” consists of pocketsful of crumpled receipts and several more digital ones buried in your email inbox, it’s time for a change. Many apps and services can help you ...

Knowing which expenses your LLC can deduct is fundamental to maintaining healthy business finances. Every legitimate business expense you properly document and deduct reduces your taxable income, ...

The amount your business spends on insurance will affect the numbers on your balance sheet, but your balance sheet will not include a specific line or category for insurance expense, or any other ...

Companies that use accrual accounting often end up with deferred expenses on their balance sheets. That's because under accrual accounting, accountants recognize expenses when they occur, not when the ...

Peter Gratton, Ph.D., is a New Orleans-based editor and professor with over 20 years of experience in investing, risk management, and public policy. Peter began covering markets at Multex (Reuters) ...