Gross


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Gross

The amount before any subtractions are made. For example, the amount that a person earns from an employer represents his gross income. He then subtracts his tax liability and other deductions to arrive at his net income.
References in periodicals archive ?
Many companies do not fully understand or utilize the powerful leverage of a system like MarginMax, which focuses on gross margin as the leverage point and integrates all the key drivers of gross margin into a comprehensive improvement program that aligns from strategy to daily execution.
Gross is brilliant in his insistence that Iago is a "discourse monster": he "often means a lot less rather than a lot more than he seems to say" (109).
Nikolaus Gross had become an active opponent of Nazism, precisely because of his Catholic faith.
In the previous example with a $2,300 deposit for the contractor doing around $4 million in annual gross receipts, the contractor could have a bad year because of economic conditions or illness.
Stephanie Deason of Torrance, California, told the Los Angeles Times that her 1994 Chevy Blazer, with a hitherto undiscovered broken fuel injector, flunked the smog test as a gross polluter.
The numbers of bass [in Apopka] are a tenth of what they'd be on most lakes," says Gross.
Funds budgeted for the Barnett Shale assume the drilling of a minimum of four and up to seven gross wells (2.
861 regulations establish an overall two-step approach--(1) allocation to a class of gross income and (2) apportionment within the class of gross income--to determine the deduction amount that must be attributed to certain statutorily defined types of gross income for purposes of computing taxable income.
Rather, in such cases, the donor may claim a deduction of more than $500 only to the extent that the gross proceeds from the sale exceed that amount and the donor substantiates the contribution with an acknowledgment from the charity that shows the gross proceeds from the sale.
Barbara Gross represented the tenant, Donahue, Hagan, Klein, Newsome & O'Donnell.
QPAI for any taxable year is a net number equal to the taxpayer's Domestic Production Gross Receipts (DPGR) less the sum of: