Both gross income and net income can refer to an individual and a business. For individuals or employees, gross income is the total pay you earn from employers or clients before taxes or other ...

Gross income is a way of measuring the profit generated from sales alone, using just your total revenue minus the cost to you for the goods you sold. Net income, though, goes a few steps further by ...

Gross Profit vs. Net Profit: What Is the Difference? Your email has been sent A business’s health is measured differently depending on which costs are considered. Gross profit paints a different ...

Businesses use accounting methods to record, track and analyze financial transactions. Within an accounting cycle, such as a month or calendar year, businesses can look at gross and net totals for a ...

As a general rule, "gross" means all of something. Gross income refers to an individual's entire income from all sources -- wages, self-employment, bonuses, dividends, etc. Net income is the number ...

Learn the difference between gross vs. net income, and how each affects your tax payments. Gross income is the total amount of income you receive from all sources before any taxes or other deductions ...

During each pay period, companies must calculate payroll, which is the money that the company pays to compensate all of its employees. While gross payroll refers to the total amount of money the ...

Everyone knows that when a potential employer makes a job offer, the salary or wage he or she proposes isn't what you'll be taking home. What you'll take home is your net pay. The number the employer ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Ryan Eichler ...

Gross income is the total amount of income you receive from all sources before any taxes or other deductions are taken out. Adjusted Gross Income (AGI) is used in completing your tax return and is all ...

Gross income is the total of all income you receive before taxes. It’s also called pre-tax income. Net income is your income after taxes (or take-home pay). Your gross income figure will always be ...

Source: 401kcalculator.org via Flickr. When calculating your income for tax purposes, you may hear the terms "gross" and "net". Gross income includes (almost) all of your income, while net income is ...