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Category: Bookkeeping

Normal Balances Office of the University Controller

June 5, 2023
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| Bookkeeping

Content Overview of Normal Balance Of An Account Examples of Debits and Credits A Small Business Guide to T-Accounts Credit and debit accounts How are accounts affected by debit and credit? Debits and Credits in Common Accounting Transactions The expenses account helps the company oversee and organize the various expenses of its business over a […]

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1099 vs W2: What is The Difference? Roll by ADP

February 15, 2023
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Content Pros and cons of hiring employees and independent contractors Are employees getting short-changed? Who is a W2 worker? #3 Social benefits A 1099 worker is an independent contractor whom you pay for a specific task, while a W-2 employee is a person who receives a regular wage or salary for performing a role in […]

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What is Regression? Definition, Calculation, and Example

December 8, 2022
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Gradient Descent is one of the optimization algorithms that optimize the cost function(objective function) to reach the optimal minimal solution. To find the optimum solution we need to reduce the cost function(MSE) for all data points. This is done by updating the values of B0 and B1 iteratively until we get an optimal solution. The cost function helps to […]

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LLC Tax Filing Rules

December 25, 2021
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Content What Are the Tax Implications of Guaranteed Payments to Partners? How are profits distributed in a partnership? Self-employment taxes What is a K-1 form for trust and estate beneficiaries? Small business tax preparation 101: what to bring to tax appointments First, because no employer withholds these taxes from partners’ paychecks, partners must pay them […]

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CPA Fredericksburg BRS CPA Virginia Accountant

November 3, 2021
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Content You’re our first priority.Every time. How Long Do You Have to Go to School to Become a CPA? Accounting System Design and Optimization QuickBooks Better Budgeting Tips Core Competencies of Meru Accounting in Bookkeeping and Accounting Services for Accountants: Bookkeeper? Accountant? CPA? What is the Difference? Second, new technologies have increased the number and […]

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