BB&T in Winston-Salem, N.C., reported an increase in earnings that reflected good expense control and careful balance sheet management. Third-quarter profit rose 32% from a year earlier to $789 ...

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 ...

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 ...

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, ...

Managing your budget is the key to achieving financial stability and growth. Some of us track our personal expenses for a purpose, while others religiously monitor their business costs. Using a budget ...

Truist Financial TFC reported net income to common shareholders of around $1.1 billion, or $0.81 per diluted share, on $4.9 billion of net revenue. An incremental $75 million special assessment charge ...

Microsoft Excel and Google Sheets were my usual go-to solutions for planning and splitting holiday expenses with my friends and family. For years, I’ve struggled with maintaining complicated expense ...

This article by Brex serves as a detailed cheat sheet, listing common tax-deductible expenses available to LLCs, identifying costs that cannot be written off, and providing practical strategies for ...