Gross and net income are two terms that describe different ... the items withheld from your paycheck in your budget. For example, if you contribute to an employer-sponsored retirement plan ...

When it comes to understanding a company’s financial health, the income statement is one of the most critical tools at your ...

The net investment income tax (NIIT) is a 3.8 percent tax on net investment income for individuals exceeding certain income ...

In the above example, your gross income is $5,000, even though you don’t actually take that full amount home. If you’re creating a budget, you’ll always want to use your net income figures ...

You pay taxes on stocks you sell for a profit. How much you pay depends on how long you hold the stock, your income, and your ...

When they file their returns this year, high-income taxpayers should be prepared for an additional hit. The net investment income tax (NIIT) has been around for more than a decade, but it's not as ...

A person's net investment income can play an important ... Additionally, steps can be taken to reduce your yearly modified adjusted gross income. For example, deductions from paying student ...

For many decades, the United States has experienced growing wealth inequality between the richest and poorest households and ...

For US alcohol exporters – whether crafting bourbon, brewing craft beer, or bottling fine wines – selling to international markets is a ...

The net investment income tax (NIIT) adds a 3.8% tax on capital gains and investment income. NIIT thresholds have remained fixed since 2013, so more taxpayers are feeling its impact. Large capital ...

James Chen, CMT is an expert trader, investment adviser, and global market strategist. Andy Smith is a Certified Financial Planner (CFP®), licensed realtor and educator with over 35 years of ...