Net sales show the true revenue your business makes from selling products or services, after subtracting returns, allowances and discounts. To find net sales, begin with your total sales and deduct ...

Workhorse Group Inc WKHS reported Monday that sales, net of returns and allowances, for the first quarter of 2023 were $1.69 million, beating the consensus of $9.85 million. Sales increased from the ...

Please note: This item is from our archives and was published in 2014. It is provided for historical reference. The content may be out of date and links may no longer function. On Friday, the IRS ...

The IRS issued final regulations on sales-based royalties and vendor allowance rules under Sec. 263A and Sec. 471. The rules, which adopt the proposed regulations (REG-149335-08) issued in 2011 with ...