Deferred Income Taxes

Business / Accounting / Deferred Income Taxes: An account used to record the difference between income tax expense on the income statement and income taxes payable for the year to federal and state governments.

Other Words for Income

Income Adjective Synonyms: return, revenue(s), receipts, proceeds, profit(s), gain(s), takings
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Net Cash Income

Business / Agriculture / Net Cash Income: A farm’s actual cash receipts and expenses in a given year, regardless of the year the goods sold were produced. In general, it serves as an indicator of the short-term financial condition of agricu MORE

Net Farm Income

Business / Agriculture / Net Farm Income: The return (both monetary and non-monetary) to farm operators for their labor, management and capital, after all production expenses have been paid (that is, gross farm income minus production expense MORE

Net Income

Business / Debt / Net Income: Net profit attributable to ordinary shareholders after the deduction of all other charges. MORE

Negative Income Tax

Business / Finance / Negative Income Tax: A proposal to assist taxpayer with below-subsistence-level incomes. After filing a tax return, such persons would receive a subsidy to bring them up above the poverty level. MORE

Multiple-Step Income Statement (Multi-Step)

Business / Accounting / Multiple-Step Income Statement (Multi-Step): An income statement (Profit and Loss ) which has had its revenue section split up into sub-sections in order to give a more detailed view of its sales operations. Example: a company sells services and MORE

Maximizing Income

Business / Debt / Maximizing Income: Increasing the amount of income you earn. MORE

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