This includes interest paid on loans, insurance, salaries and maintenance costs. Net profit – this is calculated by taking the expenses away from the gross profit. This is the final part of the ...

A profit and loss statement, also known as an income statement, is a financial statement that shows your total income, total costs (what you pay to manufacture your product or provide your service), ...

Profit and prosper with the best of expert advice - straight to your e-mail. The net investment income tax is a 3.8% tax you must pay if your modified adjusted gross income (MAGI) exceeds a ...