It's important to keep track of how much you've earned throughout the tax year. Here's how net pay works and its difference from gross pay.

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

Income statements detail revenue, expenses, and net income from top to bottom. Reading starts with revenue, deducts expenses, and ends with net income. Subtotal figures help identify missing account ...

Of your many responsibilities as a small business owner, ensuring that your employees’ pay is calculated accurately ranks near the top of the list. That includes withholding the correct amounts for ...

Net worth is calculated by subtracting total liabilities from total assets. Your net worth can fluctuate over time. Having a negative net worth is not necessarily problematic. Income isn’t the only ...