Your gross salary is your salary before the federal with-holding, state with-holding and social security taxes are deducted. once everything is deducted, that money that you get to take home is your net salary or net pay.
Gross earnings typically refer to total income before any deductions, encompassing wages, salaries, and other forms of compensation. Dividends and capital gains are considered investment income rather than earned income, so they are generally not included in gross earnings. However, for tax purposes, both dividends and capital gains are often reported as part of an individual's total income. It's important to clarify the context in which "gross earnings" is being used, as definitions can vary.
Withholding amounts from your gross income is an advance payment of income tax and other required taxes, etc that your employer payroll department is required to withhold from your gross earnings that are subject to the withholding tax rate amounts.
Wages expense
NONE. You do not have any set percentage amount for the withholding of amounts from your gross earnings. Out of your gross earnings that amount will depend on which state you live in, as well as other variables such as gross income, number of exemptions claimed, local or municipal taxes, etc. You NEVER do have any deductions for federal taxes or other items from your net take home paycheck when it is issued to you. The net amount that is on the paycheck that you have in your hand is your net pay for the pay period after all of the federal taxes and other necessary withholding amounts have been withheld from your gross earnings by your employer payroll department. You should get the information from your employer payroll department if you really need to know the correct numbers or amount that should be deducted from your gross earnings not from your paycheck.
Social Security benefits are calculated based on your average indexed monthly earnings during your working years, which is derived from your gross pay before taxes and other deductions. The Social Security Administration uses your highest 35 years of earnings to determine your benefit amount. Therefore, it’s gross pay that is considered, not net pay.
yes
Gross earnings for the movie Jumper for America, England, The Phillippines and Russia total $105,943686. The film's budget is estimated at $85,000,000.
Yes. Usually when people say revenue, they mean gross earnings, and since a profit is generally considered a positive number (gross earnings - costs). As long as gross earnings are great than costs, a profit is still made.
$1,843,201,268
From the employer to the employee no difference gross pay earnings and social security wages earnings would be the same thing.
Taxes on business gross profits, and on personal gross earnings.
$654,264,015
1,806,700 total
$30,000,000,000+ To date - november 2011
Gross earnings typically refer to total income before any deductions, encompassing wages, salaries, and other forms of compensation. Dividends and capital gains are considered investment income rather than earned income, so they are generally not included in gross earnings. However, for tax purposes, both dividends and capital gains are often reported as part of an individual's total income. It's important to clarify the context in which "gross earnings" is being used, as definitions can vary.
gross (plural gross or grosses) Twelve dozen = 144. The total nominal earnings or amount, before taxes, expenses, exceptions or similar are deducted.
Gross pay refers to the total earnings an employee receives before any deductions, such as taxes, insurance, or retirement contributions, are taken out. The term "gross" indicates the overall amount, encompassing wages, bonuses, overtime, and any other earnings. It contrasts with "net pay," which is what employees take home after all deductions. The use of "gross" helps clarify the distinction between total earnings and actual take-home pay.