Economic profit contrasts from net income by subtracting both usual costs and missed alternative profits. Short-term economic losses may lead to long-term gains if underlying business strategies ...

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 ...

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 ...