Calculating interest expense on a payable bond should be relatively straightforward, but then the accountants got involved. Generally accepted accounting principles, or GAAP, turn what is ordinarily a ...

Interest expense, net income, and EBIT are three related financial metrics that all have to do with the profitability of a company. Here's what you need to know about calculating each one, and how ...

If you borrow money to buy investment assets, the IRS will sometimes allow you to deduct the loan's interest from the taxable ...

In a letter to the editor (“The Treatment of Business Interest Expense, Continued,” Tax Notes Federal, May 17, 2021, p. 1074), George Callas addresses a few points I made in a recent article (Kyle ...

Find a company's periodic interest rate by dividing interest expense by total debt and multiplying by 100. To annualize a quarterly rate, multiply the periodic interest rate by four. Use income ...

As part of the Tax Cuts and Jobs Act, Congress limited the amount of net interest a business could deduct against its taxable income to 30 percent of adjusted taxable income. From 2018 to 2021, ...