Reporting taxes, applying for a loan and making a new company budget will require you to know how much money you bring in each year. Annual income is one of the most valuable metrics for quick, ...

As a sole proprietor, independent contractor or gig worker, your income from self-employment might come from several sources. The types of self-employment income that you use to determine your gross ...

Financial guru Dave Ramsey frequently uses the term “broke people” on his show. But in an interview last year, co-host George ...

Tracking your net worth is like keeping a scorecard of your financial progress in life. Calculating your net worth is straightforward. First, you add up all of your assets -- your checking account, ...

Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.

Gross income for your business is your total revenue, less the cost of goods you sold. It's an indicator of the profits you've made from sales before other expenses, like taxes and administrative ...

This guide was reviewed by a Business News Daily editor to ensure it provides comprehensive and accurate information to aid your buying decision. In financial accounting — one of the most common types ...

Net operating income (NOI) is a calculation commonly used for real estate investments that takes the revenues and subtracts operating expenses to determine the cash flow of the investment. Net ...

As part of the Affordable Care Act, known by most as Obamacare, several new taxes were enacted to help fund the program. Among these new taxes is the Net Investment Income Tax that became effective on ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The Net Investment Income Tax thresholds aren't adjusted for ...

Increasing your net worth requires spending less than you earn, which is a lot easier with a high income. Higher-income households not only have higher net worths, they have higher net worths relative ...