Use gross pay in a sentence. “ Fred was excited to start his new job with an impressive wage, but once he saw the difference between his gross pay and his take home pay, he realized he was now in a higher tax bracket.
http://www.investorwords.com/15829/gross_pay.html
Accounting. total revenue received before any deductions or allowances, as for rent, cost of goods sold, taxes, etc. Expand. Also called gross revenue.
http://www.dictionary.com/browse/gross-income
Gross pay, also known as gross wages, is what attracts many people to a job. They see the advertised salary or hourly pay and think of everything they could do with that income. However, when they receive a paycheck, they realize that they didn’t take into account the gross wages versus the net wages.
https://www.patriotsoftware.com/payroll/training/blog/gross-wages/
If the employee is salaried, their gross wage is the amount of their annual salary. If the employee is compensated hourly, their gross wage can be determined by multiplying the number of hours they work in a regular work week or pay period by the amount of their hourly wage.
https://www.patriotsoftware.com/payroll/training/blog/gross-wages/
The amount of wages earned by an employee before the appropriate taxes are taken out. “ Fred was excited to start his new job with an impressive wage, but once he saw the difference between his gross pay and his take home pay, he realized he was now in a higher tax bracket.
http://www.investorwords.com/15829/gross_pay.html
Gross wages are the total amount an employee is paid before any taxes, deductions, insurance premiums, and other withholdings. In fact, a person’s take-home pay may be significantly less than their gross wages. An employee can figure gross wages in several ways.
https://www.patriotsoftware.com/payroll/training/blog/gross-wages/
YES NO 9 people found this helpful. “ When the company provided their offer to the prospective candidate, the gross pay amount was $50,000. However, the candidate knew they would never see the whole 50 since taxes and insurance would be taken out.
http://www.investorwords.com/15829/gross_pay.html
Gross income defined. (a) General definitionExcept as otherwise provided in this subtitle, gross income means all income from whatever source derived, including (but not limited to) the following items: (1) Compensation for services, including fees, commissions, fringe benefits, and similar items;
https://www.law.cornell.edu/uscode/text/26/61
1013, provided for the exclusion from gross income of any amount received after Dec. 31, 1949, and before Oct. 1, 1955, by employees of certain corporations as reimbursement for moving expenses, and the refund or credit of any overpayments.
https://www.law.cornell.edu/uscode/text/26/61
For purposes of subsection (a), the term ‘fringe benefit regulation’ means a regulation providing for the inclusion of any fringe benefit in gross income by reason of section 61 of the Internal Revenue Code of 1986 [formerly I.R.C. 1954].”.
https://www.law.cornell.edu/uscode/text/26/61
definition gross wages
Gross wages are the total amount an employee is paid before any taxes, deductions, insurance premiums, and other withholdings. Gross wages is the total amount an employee is paid before any taxes, deductions, insurance premiums, and other with holdings.