Salary projections how much did you make (gross)

[harperservices]

Looking at my books and just wondered how I should be projecting next year's income.

I am hoping for a 5-10% raise.:cool:

[rodfather]

Your question is vague...are you talking personal or business?

[KLMlawn]

I am already in the highest bracket and am looking at about a 10 % increase from last year.

[TLS]

I think you need to divide up the lowest and highest bracket for the people on this forum.

Your talking GROSS.

Sure you shouldn't be talking NET?

[LoneStarLawn]

Originally posted by TLS
Your talking GROSS.

Sure you shouldn't be talking NET?

It says salary so I would think it is safe to think that it is gross.

[dr grass]

I will come damn close to 6 figures this year. definately will clear it for next year. hopefully make that first million within 5. thats the plan. gotta set goals!

shep :cool:

[GarPA]

maybe its because I'm over 40 and feeble...but it seems we continue to get tangled up in "gross, net, salary," etc....may I suggest a simpler way to get at this info which many of us are always curious about???

Sales...= the total amount of all the receivables you billed for the year for your entire operation
Salary = what you took FOR YOU out of the biz b4 personal income taxes and SS

imho this is all most of us are really interested in...for ex: a guy billed 100,000 and took a salary of 50,000. Now if we want to then get into profit % returned to the biz, or overhead costs for the biz, thats a separate 3rd and 4th category....ok now tell me this is approach confusing as well...makes simple sense to me however

[MacLawnCo]

Kitzy, I agree that what you suggested is far less confusing and more of what we all want to know than the current poll

[bubble boy]

we run crews so with respect to gross revenue not fair for me to vote.

kitzy you're right, the results of any poll like this will contain erroneous voting.

[rodfather]

Very good reasoning, Gary. Makes sense to me.