Deductions refer to amounts that are subtracted from an individual’s gross income or gross earnings to determine the taxable income or net pay. Deductions can apply to both personal income…

A Deposit Account Control Agreement (DACA) is a legal agreement between a borrower (debtor), a secured party (lender), and a bank that holds the borrower's deposit account. The purpose of…

Depreciation and Amortization are accounting methods used to allocate the cost of tangible assets and intangible assets, respectively, over their useful lives. These concepts help businesses spread out the expense…

Directional Boring Financing refers to the financial solutions specifically designed to support businesses involved in directional boring, also known as horizontal directional drilling (HDD). Directional boring is a trenchless method…

A Discount is a reduction in the price of a product or service, typically offered by sellers to encourage sales, promote customer loyalty, or clear out inventory. Discounts can take…

Due Diligence is a comprehensive, systematic process of investigation and analysis that individuals or organizations undertake before entering into a business transaction, such as a merger, acquisition, partnership, or investment.…