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This question is about proceeds vs profits.

What s the difference between income and profit?

By Zippia Team - Dec. 7, 2022

The difference between income and profits is that income is the entire revenue received through a period, while profit is the money made off the top of sales.

Income can refer to money obtained in any way, either by a paycheck, sales, services, rent payments, or sales of assets. Income is not necessarily profit, but profit is always income.

What s the difference between income and profit?

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