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 ...

Business interest expense is the amount you pay in interest on loans. It is fairly simple to calculate interest expense for a past year. You simply add up the interest charges from your creditors. The ...

If you tuned in to the President's State of the Union address last week, you surely noticed that the recently enacted Tax Cuts and Jobs Act has been earmarked as the elixir for all that ails America.

The newly enacted version of section 163(j) limits deductions for business interest expense. In general, it limits a taxpayer’s interest expense deductions for a taxable year to the sum of 30 percent ...