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IRS Mileage Rates 2025 Explained: Maximize Your Tax Deduction with Confidence
For 2025, the IRS has updated the standard mileage rate for business use of a personal vehicle to 70 cents per mile — up from 67 cents in 2024. This rate applies to self-employed professionals, freelancers, and small business owners who use their personal car for...
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YoY Growth Formula Explained: How to Calculate Year-over-Year Growth for Business Success
Year-over-year (YoY) growth is one of the most trusted metrics for measuring a business’s...
Upcoming Changes in Financial Reporting Regulations in the USA
Staying compliant with evolving financial reporting regulations is critical for every business. As...
The Role of Auditors in Financial Reporting: What You Need to Know
Auditors play a crucial role in ensuring the integrity and reliability of financial reports. For...
Top Financial Reporting Software Trends to Watch in 2025
As businesses strive for accuracy, efficiency, and compliance, financial reporting software...
Difference Between Financial Reporting and Financial Analysis Explained
Understanding the difference between financial reporting and financial analysis is crucial for...
Sustainability and ESG Reporting: The New Frontier of Financial Reporting
As businesses face increasing pressure from investors, regulators, and consumers, sustainability...
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