Together with also paying both halves of the Social Security tax, this obligation is known as the self-employment tax and amounts to 15.3% of your income. If you’re self-employed, you’ll be responsible for paying both the employer and employee contribution, totaling 2.9%. The good news is that you can likely deduct half of your total … Continue reading “What Is Medicare Tax? Definition, How It Works”
From actual distance from one location to another, there are also shipment exceptions, traffic and route changes, or higher processing times due to a high volume of orders. Planets outside our solar system are called exoplanets. If the orbit of a planet is lined up just right, the planet will pass in front of—or transit—the … Continue reading “transit English meaning”
The word prorated is often used when describing the first month’s rent on an apartment. I was shocked to know that his current yearly salary had been prorated the entire time due to superfluous charges for his uniform and other deductions at a monthly cost. He thought all of it was going to his yearly … Continue reading “PRORATE Definition & Usage Examples”
This is especially the case for mail marketing campaigns, which are a crucial component of marketing for businesses. Well, firstly, the US Postal Service or USPS is an autonomous agency of the US federal government’s executive branch. We have received several questions, like what does in transit mean FedEx or USPS or UPS? Besides, offering … Continue reading “What Does It Mean When a Package Is in Transit?”
This means that each person in a couple can max out these limits to effectively double the amount of bonds your household can buy. Additionally, you can purchase savings bonds as gifts for your children, relatives or friends if you have their Social Security Number and Treasury Direct account number. The rules on older Series … Continue reading “How to Cash in Your U S. Savings Bonds”
The meaning of markup is the gross or total profit on a particular commodity or service. For example, the cost of a product is Rs.100 and it is sold for Rs.150, here the markup will be 50%. Calculating the reorder point, determining the proper amount of safety stock to keep on hand, and demand forecasting … Continue reading “Markup business Wikipedia”
And these hidden costs will keep on building up on your statement unless you take the time to reduce the unnecessary ones and take back control. Calculating manufacturing overhead can help to resolve this issue and bring to light all the costs you might have lost track of – here’s how exactly you can do … Continue reading “Manufacturing Overhead: Definition, Formula and Examples”
Both frequentist and Bayesian statistical theory involve making a decision based on the expected value of the loss function; however, this quantity is defined differently under the two paradigms. For most optimization algorithms, it is desirable to have a loss function that is globally continuous and differentiable. In economics, decision-making under uncertainty is often modelled … Continue reading “Loss definition”
Nonlinear models for binary dependent variables include the probit and logit model. The multivariate probit model is a standard method of estimating a joint relationship between several binary dependent variables and some independent variables. For categorical variables with more than two values there is the multinomial logit. Linear regression is defined as an algorithm that … Continue reading “Regression Analysis Formulas, Explanation, Examples and Definitions”
