Learn what net income means for businesses and individuals, how it's calculated, and why it's a crucial financial metric.

For income, you subtract the amount you paid ... unbiased content in our editorial policy. Accounting Tools. "Net of Tax Definition." Internal Revenue Service. "Topic No. 409, Capital Gains ...

A financial document generated monthly and/or annually that reports the earnings of a company by stating all relevant revenues (or gross income) and expenses in order to calculate net income.

The author and editors take ultimate responsibility for the content. A person's net investment income can play an important role in determining tax liabilities in a given year. In addition to ...