Businesses make advance payments for a variety of different expenses. Any expense that is paid in advance of actually receiving the benefit of the payment is considered a prepaid expense for ...

Are you looking to improve the way your business manages its expenses? Prepaid cards present an adaptable and flexible alternative payment option that can help businesses manage and gain visibility ...

Businesses and individuals alike incur expenses. To generate revenue, entities must pay for expenses such as supplies, wages, facilities, utilities, rent, equipment, and vehicles. For corporations, ...

Julia Kagan is a financial/consumer journalist and former senior editor, personal finance, of Investopedia. Chip Stapleton is a Series 7 and Series 66 license holder, CFA Level 1 exam holder, and ...

The IRS announced a safe harbor for certain businesses that received first-round Paycheck Protection Program (PPP) loans but did not deduct any of the original eligible expenses because they relied on ...

After months of uncertainty, there is now clear congressional and IRS guidance regarding the deductibility of business expenses for small businesses that have portions of a covered loan forgiven ...

You can submit reimbursement for your prepaid airfare expenses purchased in advance of a trip. However, first be sure to confirm with your department that this is allowed. While airfare is a travel ...

Large and small businesses alike are turning to prepaid cards as an expense management tool because of its ease of use and the convenience it offers. Prepaid programs save businesses time and money, ...