What is The Difference in Active and Passive Income

Active Income Passive Income

Active Income What is active income? Active income refers to income derived from the performance of a service and includes wages, tips, salaries, commissions, and income from occupations that have material involvement. An accountant who works for a monthly salary, for example, receives an active income. KEY TAKEAWAYS Themost widely recognized sorts of pay are … Read more What is The Difference in Active and Passive Income