Karla Dennis, EA, MST, is CFO/CEO of the award-winning tax accounting firm KDA Inc.—specializing in tax planning. It’s 2025, ...

The current SE tax rate is 15.3%, which includes 12.4% that goes to Social Security and 2.9% for Medicare. If your LLC makes more than $400 annually, you should use Schedule SE, Self-Employment ...

Capital gains taxes are levied on profits from the sale of assets like stocks, mutual funds, and real estate. The rate at which these gains are taxed depends on your taxable income and how long ...