A consumption tax imposed on the sale of goods and services.
A U.S. law that enhances corporate governance and financial reporting requirements for publicly traded companies.
A tax deduction for certain pass-through businesses based on qualified business income.
A tax paid by self-employed individuals to cover Social Security & Medicare contributions.
The portion of the total addressable market (TAM) that a business can realistically serve.
A tax imposed on the extraction of natural resources, typically oil, gas, or minerals.
A financial instrument used in early-stage startup financing.
A financial management model that consolidates financial activities into a single currency.
A simplified bookkeeping method that records only one side of a transaction.
A fund set up to accumulate money over time to meet a specific financial obligation.
A business structure in which a single individual operates (complete ownership) the business.
Taxes paid by a sole proprietorship, typically reported on the owner's individual tax return.
A lockbox system that becomes active or "springs" into operation under specific conditions.
A standardized file format for the electronic exchange of accounting and tax data.
A tax deduction that allows individuals to deduct state and local taxes paid from their federal tax return.
A fixed budget that does not change with fluctuations in sales or other factors.
The process of efficiently managing and controlling a company's inventory.
The portion of a company's assets that belong to its shareholders, often represented as common stock and retained earnings.
A cost that has already been incurred and cannot be recovered, often not relevant in decision-making.
Temporary accounts are used to hold unclassified or unclear transactions until they can be properly classified.
A financial derivative that gives the holder the option to enter into an interest-rate swap.