As your once very small business grows and expands, so does the complexity of your financial reports. Where you initially had only one location or business division, you now have at least one ...

For nonprofits, gross receipts are defined as the amount of money raised from all sources in a fiscal year, without any expenses subtracted. Managers can track the success of their fundraising ...

The Tax Court on Monday clarified that nonsales income is included in gross receipts for purposes of the Sec. 41 research credit (Hewlett-Packard Co., 139 T.C. No. 8 (2012)). The Tax Court granted ...

Paycheck Protection Program forgiveness and certain business and restaurant revitalization grants can be excluded from gross receipts for determining eligibility for the Employee Retention Credit.