As a small-business owner, you need to know what portion of your sales is taxable. It is common when speaking of sales to talk of gross sales, net sales and taxable sales or taxable income.

The amount of a restaurant's net sales equals its gross sales minus customer discounts minus customer refunds. Gross sales are revenues you generate before providing any discounts or refunds to ...

A company's net sales is its gross sales minus its returns, allowances, and discounts. The company's net sales number is not the same as its profits. The net sales number does not factor in the ...

Net sales represent the revenue a company earns from its core business operations, minus certain deductions ... by addressing product concerns. Sales discounts: These are price reductions offered ...

Discount stores and warehouse clubs have slowed ... their customer experience amidst this hurdle.” Total retail sales (minus autos and gas) are up 17% season-to-date when compared to 2019 ...

Sales allowances, discounts, and returns are subtracted from gross sales ... and contributions to a retirement account are all examples of income adjustments. What is income minus costs? Net income ...