What is gross income? How it works and why it’s important
Gross income is used to determine how much you have to pay toward federal and state income taxes.
Mandy Sleight is a professional freelance writer and licensed insurance agent. She has her property, casualty, life and health licenses and has been working in the industry since 2005. Mandy has worked for well-known insurance companies like State Farm and Nationwide Insurance, and most recently as the Operations Coordinator for a start-up employee benefits company.
Mandy earned her bachelor of science degree in business administration and management from the University of Baltimore and her MBA from Southern New Hampshire University. She uses her vast knowledge of the insurance industry and personal finance combined with her writing background to create easy-to-understand and engaging content to help readers make smarter choices with their budget and finances.
Gross income is used to determine how much you have to pay toward federal and state income taxes.
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