Michelle Lowery
Finance Writer and Editor
Michelle Lowery has written and edited content for a variety of companies, including Disney, Dick’s Sporting Goods, Apartments.com, Petfinder, and Semrush. She’s covered topics ranging from B2B tech, legal, medical, and pets to real estate, small business, finance, and more. She’s also built and managed content teams for organizations such as Skillshare and ChamberofCommerce.com. She is a published author and Air Force veteran.
Articles by Michelle Lowery
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Last in, first out (LIFO): Definition, formulas, and examples
Last in, first out (LIFO) expenses your newest inventory costs first, cutting taxable income during inflation. It’s a US-only method with IRS rules.
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B2B cross-border payments: A complete guide
B2B cross-border payments are transactions between businesses in different countries involving multiple currencies, intermediary banks, and compliance.
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Amortization vs. depreciation: Key differences explained
Depreciation spreads a tangible asset’s cost over its useful life; amortization does the same for intangibles like patents, trademarks, and customer lists.
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What is wire fraud? Definition, examples, and how to stop it
Wire fraud is a federal crime that uses email or phone to steal payments. Penalties can reach 30 years, and AP controls like dual approval stop it first.
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Account reconciliation: What it is and how it works
Account reconciliation is the process of comparing internal financial records to external statements to confirm every transaction is accurate and complete.
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Per diem: What it means, 2027 rates, and tax rules
Per diem is a daily allowance for business travel lodging, meals, and incidentals. Learn about FY2027 GSA rates, the 75% travel-day rule, and IRS tax treatment.