Immigrants are vital to US tax revenue amid a declining birth rate and rising number of retirees.
Tax season's officially open, but does everyone need to file taxes? No! Here's who needs to file taxes and who may want to ...
For those keeping score at home, it’s currently two wins for the IRS in as many years, and nada/zilch/zero for the fund managers, at least when ...
A new bill has been introduced in Congress that could significantly alter the Social Security payroll tax structure in the ...
The self-employment tax rate is 15.3% of net earnings. That rate is the sum of a 12.4% Social Security tax and a 2.9% Medicare tax on net earnings. (Note: Self-employment tax is not the same as ...
Social Security benefits may be taxed if total income exceeds IRS thresholds. Filing status, other earnings, and state rules ...
First, you typically have to pay a self-employment tax. Then, the IRS will expect you to pay both the employer and the ...
LegalZoom explains why owners should still file a federal tax return even if their LLC did not do any business in the ...
Donald Trump is likely already done paying his 2025 Social Security ... benefit taxes on seniors. The largest of these by far is the payroll tax. Right now, it's 12.4% for self-employed workers.
You can claim tax ... self-employment of at least $400. 4. You had wages of $108.28 or more from a church or qualified church-controlled organization that’s exempt from employer Social ...
Social Security beneficiaries may face taxes if they have additional income sources or due to the COLA increase. Here's how to determine if you're affected. Blake Stimac Writer Blake has over a ...