enow.com Web Search

Search results

  1. Results from the WOW.Com Content Network
  2. Net proceeds from the sale of a house: How much do you ... - AOL

    www.aol.com/finance/net-proceeds-much-really...

    Gross proceeds are the total amount that the seller receives from the sale of the home. Net proceeds are the amount that the seller actually pockets after paying the mortgage balance and various ...

  3. Amount realized - Wikipedia

    en.wikipedia.org/wiki/Amount_realized

    Amount realized, in US federal income tax law, is defined by section 1001(b) of Internal Revenue Code. It is one of two variables in the formula used to compute gains and losses to determine gross income for income tax purposes. The excess of the amount realized over the adjusted basis is the amount of realized gain (if positive) or realized ...

  4. Adjusted basis - Wikipedia

    en.wikipedia.org/wiki/Adjusted_basis

    In tax accounting, adjusted basis is the net cost of an asset after adjusting for various tax-related items. [1]Adjusted Basis or Adjusted Tax Basis refers to the original cost or other basis of property, reduced by depreciation deductions and increased by capital expenditures.

  5. Installment sales method - Wikipedia

    en.wikipedia.org/wiki/Installment_Sales_Method

    The deferred gross profit is an A/R contra-account and is the difference between gross profit and recognized income and is calculated as follows: $360,000 − $90,000 = $270,000. The deferred gross profit is thus deferred and recognized in income in subsequent periods, i.e. when the installment receivables are collected in cash.

  6. Gross income - Wikipedia

    en.wikipedia.org/wiki/Gross_income

    [5] The Court also held that the amount of gross income on disposition of property is the proceeds less the basis (usually, the acquisition cost) of the property. [6] Gross income is not limited to cash received: it includes "income realized in any form, whether money, property, or services". [7]

  7. Contribution margin - Wikipedia

    en.wikipedia.org/wiki/Contribution_margin

    In Cost-Volume-Profit Analysis, where it simplifies calculation of net income and, especially, break-even analysis.. Given the contribution margin, a manager can easily compute breakeven and target income sales, and make better decisions about whether to add or subtract a product line, about how to price a product or service, and about how to structure sales commissions or bonuses.

  8. How much can you earn while on Social Security? - AOL

    www.aol.com/finance/income-while-on-social...

    Couples filing a joint return who earn a combined income of over $44,000 pay income tax on up to 85% of their benefits. 🔍 Use this formula to calculate your combined income if you’re married ...

  9. Gross margin - Wikipedia

    en.wikipedia.org/wiki/Gross_margin

    Gross margin, or gross profit margin, is the difference between revenue and cost of goods sold (COGS), divided by revenue. Gross margin is expressed as a percentage .