Examlex
Unstructured organizations can be even more complex than matrix organizations because workers not only have multiple bosses but report to multiple bosses in multiple companies.
Taxable Income
The sum of earnings that determines the tax liability of a person or business to the government, once all deductions and exemptions have been applied.
Charitable Contribution
A donation or gift to a non-profit organization or charity that is often tax deductible for the donor.
Net Income
The amount of money left after all expenses, taxes, and deductions have been subtracted from a company's total revenue.
Separately Stated Items
Items on a partnership or S corporation tax return that are passed through to the owners or shareholders separately from ordinary income.
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