The total dollar value of the goods and services your business sells only tells one side of its financial story. The more you spend on business expenses such as materials and payroll, the less you ...

Small and large businesses are obligated to pay federal and state income taxes. However, even with a positive net income at the end of a fiscal year, a business can pay very little or no tax by taking ...

A balance sheet displays what a company owns, what it owes, how it's financed, and its shareholders' equity at a particular point in time. An income statement displays the company's revenues and ...

FORT LEONARD WOOD, Mo. — Tax season is in full swing, and it is time to organize important documents, such as last year’s tax return, mortgage interest information (IRS Form 1098), and all W2s, ...