other income definition · LSData
OTHER INCOME Definition & Meaning - Black's Law Dictionary
Find the legal definition of OTHER INCOME from Black's Law Dictionary, 2nd Edition. This income is obtained by transactions outside of day-to-day business ...
lost earnings definition · LSData - LSD.Law
Definition: Lost earnings refer to the wages, salary, or other income that a person could have earned if they had not lost their job, suffered a disabling ...
blocked income definition - LSD.Law
Income refers to the money or payment received from employment, business, investments, gifts, and other sources. Gross income is the total income from all ...
statement of income definition · LSData - LSD.Law
This report includes all the revenue (money earned), expenses (money spent), gains (money earned from selling assets), and losses (money lost from selling ...
dividend income definition · LSData - LSD.Law
This income is usually paid out periodically, such as quarterly or annually. It is considered a type of income, which is money or other forms of payment ...
net revenue definition - LSD.Law
Net revenue takes into account all the other expenses, like rent, salaries, and taxes. It's important for a business to have a positive net revenue, because ...
fixed income definition · LSData - LSD.Law
It is a type of income that does not change and is received regularly. This is different from other types of income, such as wages or investment income, which ...
deferred income definition · LSData - LSD.Law
Deferred income refers to money that is received at a later time than when it was earned. For example, if a salesperson earns a commission in November but ...
operating income definition · LSData - LSD.Law
Operating income is the money a business makes from its regular activities, like selling products or providing services. It's different from other types of ...
PTI definition · LSData - LSD.Law
Income is the money you earn from working, investing, or other sources. Gross income is the total amount you earn before any deductions or taxes are taken out, ...
miscellaneous itemized deduction definition · LSData - LSD.Law
This deduction includes job or investment expenses and other deductions that are not allowed in computing adjusted gross income or personal exemptions. It ...
AOGI definition · LSData - LSD.Law
Adjusted ordinary gross income (AOGI) is a specific type of income that takes into account certain expenses and capital gains. Other types of income include ...
financial statements definition · LSData - LSD.Law
They summarize financial and accounting information and help investors, creditors, and other stakeholders make informed decisions about the company.
income in respect of a decedent definition - LSD.Law
Income is the money or payment that someone receives from their job, business, investments, gifts, and other sources. There are different types of income, such ...
income exclusion definition · LSData - LSD.Law
Definition: Income exclusion refers to an item of income that is excluded from gross income for tax purposes. For example, the annual exclusion allows for up to ...
filing status definition · LSData - LSD.Law
Filing status refers to the category in which a person files their income tax return. There are four categories recognized by federal law.
income-and-expense declaration definition · LSData - LSD.Law
It helps determine child support payments and ensures that both parties are aware of each other's financial situation. incola | income approach. © 2024 LSData.
Internal Revenue Code definition · LSData - LSD.Law
The Code has many different parts, but the most important one is about income taxes. Other parts talk about taxes on things like gifts, estates, and employment.
constructive receipt of income definition - LSD.Law
LSData · Sign in · Register. Students. LSD Briefs · My Outlines · LSDefine Dictionary ... other methods of accrual accounting don't need to consider constructive ...
assignment-of-income doctrine definition · LSData - LSD.Law
The assignment-of-income doctrine is a legal principle in family law that states that the person who earns income is the one who is taxed on it, ...