Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc.
Gross income in United States tax law is receipts and gains from all sources.
Gross ... The term "income" is not defined in the law or regulations. However, a
1. An individual's total personal income before taking taxes or deductions into
account. 2. A company's revenue minus cost of goods sold. Also called "gross ...
Accounting. total revenue received before any deductions or allowances, as for
rent, cost of goods sold, taxes, etc. Expand. Also called gross revenue.
Definition of gross income: The amount by which sales revenue exceeds
production costs (cost of sales). Though operating income gives a more accurate
Definition of gross income in the Financial Dictionary - by Free online English
dictionary and encyclopedia. What is gross income? Meaning of gross income as
Definition of gross salary: Aggregate amount of wages received on a regular
basis, usually weekly, bi-weekly, or monthly prior to any deductions such a
For items specifically included in gross income, see part II (sec. 71 and following).
For items specifically excluded from gross income, see part III (sec. 101 and ...
Part I. Section 61.—Gross Income Defined. 26 CFR § 1.61-2: Compensation for
services, including fees, commissions, and similar items. (Also: ). Rev. Rul. 2007-
Jul 31, 2007 ... Best Answer: Gross income is before taxes and deductions, and net ... go on for
days to figure out the actual Adjusted Gross definition I'm sure.