What does CNDS mean in COMMISSIONS

Commission is a fee or payment collected by sellers or service providers upon the completion of a sale transaction. It is usually calculated as a percentage of the total sale amount and is given to salespeople, brokers, or affiliates for their services in bringing about the sale

The exact way in which commission works depends on the type of transaction. Generally speaking, commission fees are paid to an individual who helps facilitate the sale of goods or services from one party to another. For example, real estate agents typically collect a percent of the final sale price when they help someone buy or sell a property

There are many different types of industries that utilize commission-based pay structures such as insurance companies, financial services firms, advertising agencies, and retail stores. These businesses rely on commissioned employees to help them succeed through generating new business opportunities

Not all salespeople receive commissions; it depends on the specific job role and compensation structure set out by their employers. Some employers may offer salaried positions instead of those based on commission. However, most people involved in sales do receive some kind of incentive pay tied with successful selling efforts

Yes, depending on where you live and how much money you make from commissions there may be taxes due for your earnings. Usually these taxes should be reported using Schedule C when filing your income tax return each year