An expense account sounds simple enough, but it actually means two different things in business. First, it's the process that lets employees pay for work expenses and get reimbursed by their company.

Small costs add up. The $3 ATM fee at the airport, the $5 tip for the bellhop, the $2.50 for printing boarding passes at the hotel business center. These incidental expenses don’t fit neatly into ...

If your small business has been selected for an IRS audit, having qualified expense receipts is essential. You will need to be able to show the IRS auditor that all of the deductions that your ...

In certain cases, grants and/or contracts may state additional restrictions and/or allowances beyond those described below. University departments may also institute more restrictive guidelines. In ...