and "the self-employment tax rate is 15.3% on net earnings," as opposed to the 7.65% employees would pay. The good news, however, is that the IRS "treats the employer portion of the self ...

As people are finding new and different ways to make money, the idea of being self-employed, or possibly just a side hustle, becomes more widespread.  Although there are many tax advantages and ...

Individuals with a combined income between $25,000 and $34,000 may be taxed on 50% of their Social Security benefits. If your ...

According to the IRS, the more money you earn, "the tax rate on the next layer of income is higher." It's important to note, however, that if your income moves you into a higher tax bracket ...