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Gross income may be the complete amount you earn and net gain is your genuine company profits after spending and allowable write-offs tend to be taken out.

Gross income may be the complete amount you earn and net gain is your genuine company profits after spending and allowable write-offs tend to be taken out. But because gross income is utilized to determine net gain, these words are easy to confuse. Once you run your own company, knowing the difference in gross income… read more