Here's a look at what causes hair to turn gray and some of the factors that affect graying. Answer: The age at which you'll get your first gray hair (assuming your hair doesn't simply fall out) is largely determined by genetics.
Profits or net income generally imply total revenue minus total expenses in a given period. In accounting, revenue is often referred to as the top line due to its position on the income statement at the very top. This is to be contrasted with the bottom line which denotes net income.
Travel expenses defined. For tax purposes, travel expenses are the ordinary and necessary expenses of traveling away from home for your business, profession, or job. An ordinary expense is one that is common and accepted in your trade or business. A necessary expense is one that is helpful and appropriate for your business. An expense does not have to be required to be considered necessary. You will find examples of deductible travel expenses in Table 1-1 , later.