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What is Net Income?

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Net income reflects a company's profitability after subtracting all operating costs and expenses. Investors use net income to assess past and future performance and compare it against peers. A drop in ...
Brian Beers is a digital editor, writer, Emmy-nominated producer, and content expert with 15+ years of experience writing about corporate finance & accounting, fundamental analysis, and investing.
Side gig income can be a great way to boost cash flow. But as a gig worker, you may be unaware that the money you make is fully taxable.