The environmental conditions that create hydric soils (water remaining at or near the soil surface for extended time periods during the growing season) also favor the formation of many types of wetlands. Wetlands play important roles in the environment, some of which we have only begun to understand and appreciate.
SG&A (alternately SGA or SAG) is an initialism used in accounting to refer to Selling, General and Administrative Expenses, which is a major non-production cost presented in an income statement. SGA expenses consist of the combined costs of operating the company, which breaks down to:
Travel expenses defined. For tax purposes, travel expenses are the ordinary and necessary expenses of traveling away from home for your business, profession, or job. An ordinary expense is one that is common and accepted in your trade or business. A necessary expense is one that is helpful and appropriate for your business. An expense does not have to be required to be considered necessary. You will find examples of deductible travel expenses in Table 1-1 , later.