Regular income is paid to you on a scheduled basis such as once a month, once a week, etc. Irregular income comes to you without a schedule, when you sell a painting, finish a job, etc.
the difference between income and consumption
there is no difference.
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The income tax act focuses its concern on total income and the income tax rule focuses on which types of income are taxable. That is the biggest difference between the two.
cost
Gross income is the difference between revenue and direct expenses while net income is the income from all activities of business whether oprating activities or other activities.
Income statement & balance sheet.
The main difference between an ordinary dividend and a qualified dividend is how they are taxed. Qualified dividends are taxed at a lower rate than ordinary dividends, which are taxed at the individual's regular income tax rate.
You referring to 'income disparity.'
Revenues are earnings from sales of products and net income is the difference between revenues and expenses.
The main difference between ordinary and qualified dividends is how they are taxed. Ordinary dividends are taxed at the individual's regular income tax rate, while qualified dividends are taxed at a lower capital gains tax rate.