Accounting rules break leases into two classes. When you lease equipment or a building for a relatively short term, you have an operating lease, AccountingTools explains. If you lease long-term or in ...

Ebony Howard is a certified public accountant and a QuickBooks ProAdvisor tax expert. She has been in the accounting, audit, and tax profession for more than 13 years, working with individuals and a ...

When you buy cars, computers or buildings for your business, they count as assets on your financial statements. If you lease them, the accounting is more complicated. If you use what's called a ...

In part 1 of this series, Matthew Odgers, JD, discussed 10 important phrases that are contained in your office lease. In part 2, he describes different kind of leases you may encounter. The costs of ...