IRS disproportionately audits Black taxpayers, finds paper
Researchers have long wondered if the IRS uses its audit powers equitably. And now we have learned that it does not.
Researchers have long wondered if the IRS uses its audit powers equitably. And now we have learned that it does not.
Social Sciences
Feb 1, 2023
0
35
Forget what you've heard about 22-year-old wunderkinds, sitting in the corner offices of their wildly popular Silicon Valley startups—if you want to find the most successful entrepreneurs, you have to go back a few decades.
Economics & Business
Apr 23, 2018
0
221
(PhysOrg.com) -- How many of you remember the film The Expendables? It was an action flick, featuring some of the biggest names in blowing things up, and soon it will be known as the film that has created the largest illegal-BitTorrent-downloading ...
Chinese search engine Baidu Inc. said Thursday its quarterly profit rose 27 percent as user traffic for its mobile operation surpassed passed its desktop computer-based search business.
Business
Oct 30, 2014
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0
The use of software that blocks online ads is expected to cost websites some $21.8 billion globally in 2015, a study showed Monday.
Internet
Aug 10, 2015
12
166
Soon, $50 and $100 bills may be a thing of the past. That's the future some economists are predicting—and want.
Economics & Business
Sep 7, 2021
1
54
The wastewater draining from massive pools of sewage sludge has the potential to play a role in more sustainable agriculture, according to environmental engineering researchers at Drexel University.
Environment
Nov 18, 2022
1
126
A former blogger for a US mobile phone news site is being sued by his erstwhile employer over ownership of his Twitter feed in a social media test case for the Internet age.
Internet
Dec 27, 2011
3
0
(AP) -- Google Inc.'s YouTube said Thursday it is vastly expanding its library of full-length movies and TV shows it offers online, while also launching a new advertising service and adding about a dozen new content partners.
Internet
Apr 16, 2009
1
0
When you visit a website, you often find yourself waiting and waiting for advertisements to load. Video starts playing automatically, and animated ads jump in front of what you were there to see. The seconds tick by.
Internet
Sep 23, 2015
14
17
In business, revenue or revenues is income that a company receives from its normal business activities, usually from the sale of goods and services to customers. Some companies also receive revenue from interest, dividends or royalties paid to them by other companies. Revenue may refer to business income in general, or it may refer to the amount, in a monetary unit, received during a period of time, as in "Last year, Company X had revenue of $32 million."
In many countries, including the UK, revenue is referred to as turnover.
Profits or net income generally imply total revenue minus total expenses in a given period. In accounting and financial analysis, revenue is often referred to as the "top line" due to its position on the income statement at the very top. This is to be contrasted with the "bottom line" which denotes net income.
For non-profit organizations, annual revenue may be referred to as gross receipts. This revenue includes donations from individuals and corporations, support from government agencies, income from activities related to the organization's mission, and income from fundraising activities, membership dues, and financial investments such as stock shares in companies. For government, revenue includes gross proceeds from income taxes on companies and individuals, excise duties, customs duties, other taxes, sales of goods and services, dividends and interest.
In general usage, revenue is income received by an organization in the form of cash or cash equivalents. Sales revenue or revenues is income received from selling goods or services over a period of time. Tax revenue is income that a government receives from taxpayers.
In more formal usage, revenue is a calculation or estimation of periodic income based on a particular standard accounting practice or the rules established by a government or government agency. Two common accounting methods, cash basis accounting and accrual basis accounting, do not use the same process for measuring revenue. Corporations that offer shares for sale to the public are usually required by law to report revenue based on generally accepted accounting principles or International Financial Reporting Standards.
In a double-entry bookkeeping system, revenue accounts are general ledger accounts that are summarized periodically under the heading Revenue or Revenues on an income statement. Revenue account names describe the type of revenue, such as "Repair service revenue", "Rent revenue earned" or "Sales".
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