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'A lot of people are going to see less money in their pocket.' Here are must-know tax changes for 2022

Created: Fri, 02 Dec 2022 20:18:47 GMT

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There are significant changes for the 2022 tax season. Here's what taxpayers need to know.

Biden's student debt forgiveness waits on Supreme Court—here's when borrowers may have to start paying again

Created: Fri, 02 Dec 2022 17:15:08 GMT

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The Supreme Court will hear arguments in 2023 about whether President Joe Biden's student debt forgiveness can proceed. For now, the program remains paused.

35% of millionaires say it's 'going to take a miracle' to be ready for retirement, report finds

Created: Fri, 02 Dec 2022 16:44:01 GMT

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Fewer Americans, including millionaires, feel confident about their financial standing.

Tax 'refunds may be smaller in 2023,' warns IRS. Here's why

Created: Thu, 01 Dec 2022 20:12:54 GMT

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If you’re expecting a tax refund in 2023, it may be smaller than this year’s payment, according to the IRS. Here's what to know for the upcoming tax season.

Why Amazon CEO Andy Jassy didn't immediately say 'yes' when Jeff Bezos offered him the role

Created: Thu, 01 Dec 2022 17:35:29 GMT

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Amazon CEO Andy Jassy said he didn't immediately accept the role because he wasn't expecting Jeff Bezos to leave the company and he liked his role within AWS.

'It's a work in progress.' How Covid has changed the life insurance marketplace

Created: Thu, 01 Dec 2022 19:14:26 GMT

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Demand for life insurance has soared during the pandemic. But the industry is still grappling with how Covid-19 may affect underwriting assumptions.

If you're still missing your tax refund, you'll soon receive 7% interest from the IRS — but it's taxable

Created: Wed, 30 Nov 2022 19:44:52 GMT

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If you're waiting for a tax refund, it may be accruing interest, and the rate jumps to 7% from 6% in January. Here's what filers need to know.

It's been a volatile year for the market: These are the key things to know before rebalancing your portfolio

Created: Tue, 29 Nov 2022 19:51:24 GMT

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After a volatile year for the stock and bond markets, it may be time to rebalance your portfolio. Here's what to consider before making changes.

These are shaping up to be the best and worst luxury real estate markets for 2023

Created: Tue, 29 Nov 2022 14:46:08 GMT

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Even the strongest luxury markets are expected to cool next year, as interest rates rise and economies slow.

Hoping to beat the tourist crowd on your trip to Japan? That ship has sailed

Created: Tue, 29 Nov 2022 03:19:42 GMT

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In October, Japan recorded 498,600 visitors, up from 206,500 arrivals in September, preliminary data from the Japan National Tourism Organization showed.

Here's how the BlockFi bankruptcy may affect your crypto taxes for 2022

Created: Mon, 28 Nov 2022 18:49:17 GMT

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Here's how the BlockFi bankruptcy and recent FTX collapse may affect your crypto taxes for 2022, according to experts.

Over 10 years, 43% of first marriages can fail. Here's why couples might want a postnuptial agreement

Created: Sun, 27 Nov 2022 14:30:01 GMT

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Whether or not a couple has signed a prenuptial agreement, they may find later in their marriage that a post-nup is called for.

Here are the 7 richest people in the world who haven’t signed the Giving Pledge—Jeff Bezos is No. 3

Created: Sun, 27 Nov 2022 14:00:01 GMT

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Seven of the world's 11 wealthiest people haven't signed the Giving Pledge, where signees commit to giving away at least half their wealth. Here's who they are.

When Mark Cuban bought the Dallas Mavericks, he refused an office or big desk—here's why

Created: Wed, 30 Nov 2022 17:10:17 GMT

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When Mark Cuban bought the Dallas Mavericks for $285 million in January 2000, he sat with nine other salesmen in an open floor office.

3 lesser-known ways to trim your 2022 tax bill or boost your refund before year-end

Created: Fri, 25 Nov 2022 17:19:22 GMT

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There's still time to trim your 2022 tax bill or boost your refund before the end of the year. Here are three lesser-known strategies to consider.

Musk says Twitter to launch 'Verified' service next week with a 'gold check' for companies

Created: Fri, 25 Nov 2022 19:00:04 GMT

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Elon Musk said the Twitter "Verified" service would have a "gold check" for companies, a grey colored one for government accounts and a blue one for individuals.

U.S. shoppers alone in boosting Black Friday spend as cost-of-living crisis hits Europe

Created: Thu, 24 Nov 2022 23:12:27 GMT

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Bargain-hunting shoppers will be expecting retailers to cut prices by a greater margin this year as they tighten their belts amid a worsening cost-of-living crisis.

Superyacht rentals, private jets and a soccer-themed hotel: Dubai is cashing in on the Qatar World Cup

Created: Thu, 24 Nov 2022 06:29:36 GMT

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The UAE's commercial capital of Dubai is set to see an estimated 1 million additional visitors during the course of the soccer tournament, according to the Dubai Sports Council.

IRS warns taxpayers about new $600 threshold for third-party payment reporting

Created: Wed, 23 Nov 2022 18:25:02 GMT

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The IRS on Tuesday warned taxpayers about the new $600 threshold for receiving Form 1099-K for third-party payments. Here's why you may receive one.

The future of parking is in New York — and it costs at least $300,000 per space

Created: Wed, 23 Nov 2022 13:28:48 GMT

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Hidden deep below some of New York City's most luxurious apartment buildings is an exclusive world of futuristic parking spaces.

Here's how to score a charitable tax break on Giving Tuesday

Created: Tue, 29 Nov 2022 19:13:39 GMT

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Here's how to score the biggest tax break if you're planning to donate to charity on Giving Tuesday.

Two companies have luxury trains called the 'Orient Express.' Here are the differences

Created: Tue, 22 Nov 2022 05:07:22 GMT

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Competing companies, Belmond and Accor, are set to run "Orient Express" trains through Europe, with stops at places such as Paris, Venice and Rome.

Mark Cuban rejected these ‘Shark Tank’ founders in less than 2 minutes: ‘Dumbest marketing move ever’

Created: Mon, 21 Nov 2022 19:57:38 GMT

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Mark Cuban rejected these "Shark Tank" founders immediately after their pitch because they gave him a Golden State Warriors air freshener.

Here are Bill Gates' 5 new book recommendations for your holiday reading list

Created: Mon, 28 Nov 2022 20:47:47 GMT

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Bill Gates' latest holiday reading list includes some of his favorite books from throughout the 67-year-old billionaire's life.

Buyers need a six-figure income to afford a 'typical' home, report finds. Here's how to reduce the cost

Created: Fri, 18 Nov 2022 19:35:35 GMT

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In October, home buyers needed to earn $107,281 to afford the median monthly mortgage payment for a "typical home." Here's how to reduce the cost.

Jeff Bezos makes a long-awaited commitment to donate his fortune, while MacKenzie Scott announces $2 billion in donations

Created: Fri, 18 Nov 2022 17:09:36 GMT

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Jeff Bezos said "it's really hard" to give away large sums of money in effective ways. His ex-wife, MacKenzie Scott, announced she's given away $2 billion over the last seven months.

Jeff Bezos giving away most of his $122 billion fortune is 'a big deal'—but leaves many questions unanswered, expert says

Created: Thu, 17 Nov 2022 15:54:58 GMT

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Jeff Bezos announces he'll donate the "majority" of his $122 billion after years of questions about and criticism over his philanthropic endeavors.

It's been a rough year for crypto — but investors still may have a tax bill. Here's how to prepare

Created: Wed, 16 Nov 2022 13:43:39 GMT

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Despite a rough year for cryptocurrency, including the recent FTX collapse, there may be tax opportunities for investors. Here's what to know before year-end.

Self-made millionaire Barbara Corcoran shows off 'the best thing' in her closet—and it cost less than a penny

Created: Tue, 15 Nov 2022 17:56:18 GMT

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From an inexpensive paper necklace to an $18,000 custom gown, the star of ABC's "Shark Tank" recently gave her Instagram followers a look inside her closet.

People who fly private jets don't want to return to airlines. But it's costing them a lot more than it used to

Created: Tue, 15 Nov 2022 00:02:10 GMT

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A new survey shows private jet travelers want to continue to fly privately. But they're shopping around for cheaper companies, thanks to increasing costs.