What GROSS INCOME means: Total worldwide income received in the form of money, property, or services that is subject to tax unless specifically exempt or excluded by law.
- Definition Gift Tax:
- Dictionary A graduated federal tax paid by donors on the value of gifts exceeding a specified amount, which is indexed for inflation. For the current amount, see IRS Publication 950 or Form 709 gross income definition.
- Definition Golden Parachute:
- Dictionary An agreement entered into by a corporation with its top executives to make payments to the executives in the event of a change in corporate control. Such payments are treated as compensation gross income explain.
- Definition Gross Rents:
- Dictionary Total income from rents before expenses or the depreciation or cost recovery deduction gross income what is.
- Definition Goodwill:
- Dictionary Goodwill is the value of a trade or business based on expected continued customer patronage due to its name, reputation, or any other factor gross income meaning.
How works Gross Income meaning in Tax definitions G .
