As an employer, you sometimes make extra payments to employees, such as bonuses or reimbursements for mileage or moving. The Internal Revenue Service doesn't require you to pay taxes on mileage ...

Gross wages are the total earnings of an employee before any deductions like taxes or benefits. Understanding gross wages is ...

Evaluating a corporation's financial performance involves more than counting the cash in the till at the end of the day. Calculating gross income is one step in the process of figuring a company's net ...

Profit margin is one of the simplest and most widely used financial ratios in corporate finance. A company’s profit is ...

Adjusted gross income, or AGI, refers to your total income subject to tax, minus a few specific deductions. AGI is important, as it is used to determine your ability for certain tax credits and ...

Andre McNeil, CFA, works as an associate with Goldman Sachs. He has 7+ years of experience in the financial services industry. Lea Uradu, J.D., is a Maryland state registered tax preparer, ...

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 ...

Your gross pay consists of the total amount of money your employer pays you -- typically expressed as either an annual salary or hourly wage. However, take-home pay is a much more useful number, as it ...

In many cases, the difference between net sales and gross sales can be much more than an accounting detail. Let's take a look at Apple and why net sales can be a relevant concept providing a lot of ...

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Adjusted gross income is a tax term everyone should understand. Also known as AGI, it has ramifications that extend beyond the tax season. “People are asking you all the time for your adjusted gross ...