What is paid income
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- For most individuals, income is often received in the form of wages or salary. ... Business income can refer to a company's remaining revenues after paying all expenses and taxes. In this case, income is referred to as earnings. Most forms of income are subject to taxation by local, state, and federal governments.
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Answer:
For most individuals, income is often received in the form of wages or salary. ... Business income can refer to a company's remaining revenues after paying all expenses and taxes. In this case, income is referred to as earnings. Most forms of income are subject to taxation by local, state, and federal governments.
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