The great thing about working for someone else is that it saves you time on tax prep. Your taxable income, Social Security and Medicare taxes are all figured out on your federal W-2 form. Figuring out ...

In order to pay your employees correctly each pay period, you need to know how to calculate gross and net pay. Learn how to ...

Becoming a landlord can produce a good income stream, but only if your property generates enough money. The effective gross income formula is one method for calculating this. It includes not only ...

Claire Boyte-White is the lead writer for NapkinFinance.com, co-author of I Am Net Worthy, and an Investopedia contributor. Claire's expertise lies in corporate finance & accounting, mutual funds, ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Adjusted gross income, or AGI, refers to your total income subject to tax, minus a few specific deductions. AGI is important, as it is used to determine your ability for certain tax credits and ...

Adjusted gross income is your gross income minus certain payments you’ve made during the year. Many, or all, of the products featured on this page are from our advertising partners who compensate us ...

When you own a business, you need to understand how much money you make compared to how much you spend. That means you need to grasp profit margins. But while it’s crucial to know how to calculate ...