0
What else can I help you with?
What is net operating expenses i just want you to define the word net operating expenses?
Net operating expenses are the total of a companies income after the expenses have been deducted but before all the taxes have been deducted. This is the opposite of net profit.
What is gross turnover?
Your gross turnover is how much money you have made before you subtract or take out your expenses. Once the expenses are deducted, this will give you your income.
What is the total of money coming into business called?
The total amount of money coming into a business is called revenue. It represents the income generated from the sale of goods or services before any expenses are deducted. Revenue is a key indicator of a business's financial performance and growth potential.
What is the difference between Gross and net and taxable income?
Gross income: the overall income, from which expenses and tax are not yet deducted. Net income: the pure income, left after deducting all expenses and tax. Taxable income: the income before tax, deducted all expenses except tax.
What is a term used to describe money coming into a business?
The term used to describe money coming into a business is "revenue." Revenue represents the total income generated from the sale of goods or services before any expenses are deducted. It is a crucial indicator of a business's financial performance and growth potential.
What is money earned by the business called?
Money earned by a business is called revenue or sales. It represents the total income generated from the sale of goods or services before any expenses are deducted. Revenue is a key indicator of a business's financial performance and is often used to assess its growth and profitability.
What are NOT deducted on a typical paystub?
On a typical paystub, amounts that are not deducted include gross pay, which is the total earnings before any deductions, and any bonuses or overtime pay that an employee may have received. Additionally, reimbursements for business expenses and certain allowances, such as travel or meals, are not deducted. Other items like employer contributions to retirement plans or health insurance premiums may also be reflected but are not deducted from the employee's pay.
What is preoperative expenses?
Incurred expenses before company formation after commencement of business
How much do I have to earn before I start paying federal income taxes?
If self-employment is your only income for the year, the filing threshold is $400 for the entire year. This figure is the total amount that you earned before your have deducted your business expenses. You will need to fill out Schedule C or C-EZ to document self-employment income and expenses.
Can child support attach your SSDI check even if support is already deducted before you get the check?
possibly, for arrearages
Can you deduct expenses incurred before formally beginning a business?
Certainly - If one is able to establish that expenses were related to the business
What is aggregate income?
The total amount that households and businesses receive before taxes and other expenses are deducted is called aggregate income.
