Learn what net income means for businesses and individuals, how it's calculated, and why it's a crucial financial metric.

Individuals traveling for University-related business may be reimbursed. The policies and procedures described herein are in general terms to allow reasonable flexibility and do not cover every ...

The policies and procedures described herein are in general terms to allow reasonable flexibility and do not cover every possible situation. Items of an unusual nature should be explained on the ...

Businesses are allowed to write off tax-deductible expenses on their income tax returns to lower their taxable income and thus their tax liability. However, the Internal Revenue Service (IRS ...

If you're an eligible business owner, the qualified business income deduction allows two deductions of up to 20% each. Look for these 15 deductions, from home office expenses to self-employment taxes.

interest expense is generally the primary financing expense on a company's income statement. Here we look at interest expense in the context of evaluating a company's profitability, as well as its ...