Without getting too heavy into tax language, AGI refers to a number found on your annual tax return and won ... the difference between gross monthly income and net monthly income is key.

Gross income is your total earnings before any ... these are added together to give the ‘Total Deductions’. The Net Pay is the amount an employee actually ‘takes home’.

For example, a company with high gross sales but low net sales might need to re-evaluate its pricing policies or service practices to enhance customer satisfaction and reduce return rates.

Your sources of income, whether received through a paycheck, side hustle, tips or burgeoning e-commerce store, all need to be accounted for when it comes time to file your tax return. Before ...

Your earned income can also be broken down further into your gross versus net income. Understanding the difference between these two amounts will help you make more accurate financial decisions.

Net profit – this is calculated by taking the expenses away from the gross profit. This is the final part of the profit and loss account. If the net profit figure is negative, the business has ...

Revenue includes all money earned by a company, and is also referred to as gross income. Net income is one part of what you'll see on a company's income statement. It's located on the bottom line ...