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Don't risk a tax audit. Here are four reasons the IRS may flag your return


Created: Fri, 03 Feb 2023 21:17:25 GMT

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While the odds of an audit have been low, your return may get flagged for several reasons, tax experts say. Here's what filers need to know.

Read more: Don't risk a tax audit. Here are four reasons the IRS may flag your return


Why Mark Cuban avoids Silicon Valley: 'Tech bros’ are ‘pretentious’ and overrated


Created: Fri, 03 Feb 2023 17:34:13 GMT

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Mark Cuban says Silicon Valley is overrated for entrepreneurs — and that tech companies can, and should, be started elsewhere. Here's why.

Read more: Why Mark Cuban avoids Silicon Valley: 'Tech bros’ are ‘pretentious’ and overrated


Bill Gates says Elon Musk's ambition to colonize Mars is not a good use of money


Created: Fri, 03 Feb 2023 12:20:48 GMT

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In an interview with the BBC, Microsoft co-founder Bill Gates questioned whether Musk's vision of colonizing Mars was a good use of money.

Read more: Bill Gates says Elon Musk's ambition to colonize Mars is not a good use of money


Hong Kong will give away half a million plane tickets. Here's who can get them first


Created: Fri, 03 Feb 2023 05:06:41 GMT

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The "Hello Hong Kong" campaign, launched Thursday, will offer 500,000 free air tickets over the next six months, starting in March.

Read more: Hong Kong will give away half a million plane tickets. Here's who can get them first


IRS about 3 to 5 times more likely to audit Black Americans' tax returns, study finds


Created: Thu, 02 Feb 2023 21:18:01 GMT

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Black Americans are about three to five times more likely to be audited by the IRS than other taxpayers, a new study shows. Here's what it means for filers.

Read more: IRS about 3 to 5 times more likely to audit Black Americans' tax returns, study finds


Roughly 70% of taxpayers are eligible for IRS Free File, but only 2% used it in 2022


Created: Thu, 02 Feb 2023 16:03:53 GMT

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Roughly 70% of Americans qualify for IRS Free File, but only 2% of taxpayers used it in 2022. Here's what to know to file your federal return for free.

Read more: Roughly 70% of taxpayers are eligible for IRS Free File, but only 2% used it in 2022


Ferrari's profits jump 13% in 2022, supercar maker expects an even better year in 2023


Created: Fri, 03 Feb 2023 01:03:53 GMT

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Ferrari guided to an even stronger year in 2023, boosted by its high-priced sports cars like the Daytona SP3 and the upcoming Purosangue SUV.

Read more: Ferrari's profits jump 13% in 2022, supercar maker expects an even better year in 2023


Not a fan of cruising? The hack that could change your mind


Created: Thu, 02 Feb 2023 12:32:04 GMT

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Private shore excursions let cruisers make their own plans, choose their restaurants and spend the day with a local guide — without a cruise ship bus in sight.

Read more: Not a fan of cruising? The hack that could change your mind


Early retiree says breaking these 6 ‘society rules’ helped him save $1 million: 'I wasn't born rich'


Created: Wed, 01 Feb 2023 16:47:10 GMT

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Early retiree Steve Adcock saved $1 million by working 9-to-5 jobs, investing well, and breaking society rules. Here's his best advice for achieving a successful life.

Read more: Early retiree says breaking these 6 ‘society rules’ helped him save $1 million: 'I wasn't born rich'


Luxury stocks rally from China reopening, but world's largest luxury market may choose to shop 'in-house' 


Created: Wed, 01 Feb 2023 04:37:21 GMT

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Years of zero-Covid measures have taught Chinese consumers they can get their fix of opulence on their own shores — and experts say this habit is here to stay.

Read more: Luxury stocks rally from China reopening, but world's largest luxury market may choose to shop 'in-house' 


Here's who can claim the home office deduction on this year's taxes


Created: Tue, 31 Jan 2023 20:59:16 GMT

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If you worked from home in 2022, you may wonder if you qualify for the home office deduction. Here's what to know before filing your return.

Read more: Here's who can claim the home office deduction on this year's taxes


Adani Group's stock plummets following Hindenburg report


Created: Tue, 31 Jan 2023 19:05:06 GMT

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CNBC's Frank Holland and Seema Mody join 'The Exchange' to discuss Adani Group facing backlash after Hindenburg report, Adani's debt exposure, and the risk of contagion.

Read more: Adani Group's stock plummets following Hindenburg report


Luxury developers in Los Angeles bet someone will pay record prices for these condos


Created: Wed, 01 Feb 2023 13:54:44 GMT

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Two Los Angeles developers hope to find buyers who will pay between $50 and a $100 million for a condo.

Read more: Luxury developers in Los Angeles bet someone will pay record prices for these condos


How to figure out the best time to file your tax return: Don't 'race to the finish line,' say tax pros


Created: Mon, 30 Jan 2023 20:32:22 GMT

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You may want a faster tax refund, but the IRS says to slow down and prepare first. Here's the best time to file your tax return.

Read more: How to figure out the best time to file your tax return: Don't 'race to the finish line,' say tax pros


After a tough year for crypto, here's how to handle losses on your tax return


Created: Mon, 30 Jan 2023 13:30:01 GMT

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If you lost money in 2022 from the crypto market downturn or a platform's bankruptcy, here's how to handle the loss on your tax return.

Read more: After a tough year for crypto, here's how to handle losses on your tax return


Tourism is roaring back in China. But the $6 trillion consumer market is digging itself out of a deep slump


Created: Mon, 30 Jan 2023 05:52:53 GMT

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China's consumption recovery from zero-Covid is getting off to a solid start – after a depressing fourth quarter.

Read more: Tourism is roaring back in China. But the $6 trillion consumer market is digging itself out of a deep slump


Travel companies are ‘greenwashing’ — here are 3 ways to find ones that aren't


Created: Mon, 30 Jan 2023 06:34:46 GMT

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Intrepid Travel's CEO James Thornton shares ways to separate companies that are serious about sustainability from those that are jumping on the eco-bandwagon.

Read more: Travel companies are ‘greenwashing’ — here are 3 ways to find ones that aren't


A self-made millionaire shares 8 money secrets rich people know that 'most of us don't'


Created: Mon, 30 Jan 2023 17:11:28 GMT

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Self-made millionaire Grant Cardone says wealthy people think about money in a completely different way than most Americans. Here are the money rules that helped them get rich.

Read more: A self-made millionaire shares 8 money secrets rich people know that 'most of us don't'


The Fair Tax Act, explained: What to know about the Republican plan for a national sales tax, decentralized IRS


Created: Fri, 27 Jan 2023 21:27:26 GMT

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A group of House Republicans is revisiting the Fair Tax Act, which would replace certain federal taxes with a national sales tax and decentralize the IRS.

Read more: The Fair Tax Act, explained: What to know about the Republican plan for a national sales tax, decentralized IRS


Rent prices have dropped the most in these 5 U.S. metro areas. Why it's cheaper to rent in many markets


Created: Fri, 27 Jan 2023 17:09:00 GMT

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Despite rising U.S. rental prices, competition is easing in some markets as inventory grows, according to a new report.

Read more: Rent prices have dropped the most in these 5 U.S. metro areas. Why it's cheaper to rent in many markets


The outgoing CEO of a giant autos firm had a message for his successor: Don't be like me


Created: Fri, 27 Jan 2023 13:16:22 GMT

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After Akio Toyoda, CEO and president of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy.

Read more: The outgoing CEO of a giant autos firm had a message for his successor: Don't be like me


Beyoncé, a $100,000-a-night suite and a red carpet of influencers: Dubai basks in its booming economy


Created: Sat, 28 Jan 2023 07:07:32 GMT

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Beyoncé was performing her first live concert in more than four years at a private event for the opening of Atlantis The Royal, a $1.4 billion luxury hotel.

Read more: Beyoncé, a $100,000-a-night suite and a red carpet of influencers: Dubai basks in its booming economy


China looks past Covid as tourist bookings surge for the Lunar New Year


Created: Fri, 27 Jan 2023 05:12:51 GMT

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People in China are moving past the pandemic and going out to travel, preliminary data for the Lunar New Year holiday show.

Read more: China looks past Covid as tourist bookings surge for the Lunar New Year


Here's where mainland Chinese traveled overseas for the Lunar New Year


Created: Fri, 27 Jan 2023 02:45:24 GMT

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Travel booking site Trip.com ranked the top overseas destinations for travelers from mainland China during the first four days of the Lunar New Year holiday.

Read more: Here's where mainland Chinese traveled overseas for the Lunar New Year


Luxury retailer LVMH is optimistic as it sees Chinese shoppers and tourists returning


Created: Thu, 26 Jan 2023 22:08:57 GMT

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LVMH's cautious optimism echoes positive comments earlier this month from Burberry and Swatch.

Read more: Luxury retailer LVMH is optimistic as it sees Chinese shoppers and tourists returning


IRS warns tax refunds may be 'somewhat lower.' With high inflation, that's a 'double whammy' for families, says advisor


Created: Thu, 26 Jan 2023 14:50:22 GMT

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If you're expecting a tax refund, it may be smaller than last year's payment, according to the IRS. Here's why.

Read more: IRS warns tax refunds may be 'somewhat lower.' With high inflation, that's a 'double whammy' for families, says advisor


Bill Gates says no country ‘gets an A’ for its Covid pandemic response—including the U.S.


Created: Wed, 25 Jan 2023 16:11:03 GMT

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Billionaire Microsoft co-founder and health care philanthropist Bill Gates says that no country, from the U.S. to Australia, aced its Covid pandemic response.

Read more: Bill Gates says no country ‘gets an A’ for its Covid pandemic response—including the U.S.


Oscar-nominated 'Everything Everywhere All At Once' features an IRS ordeal, but here's what really happens in an audit, according to tax pros


Created: Tue, 24 Jan 2023 20:02:27 GMT

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The Oscar-nominated film "Everything Everywhere All at Once" includes a tax audit at an IRS office. But experts say actual IRS exams are not like in the movies.

Read more: Oscar-nominated 'Everything Everywhere All At Once' features an IRS ordeal, but here's what really happens in an audit, according to tax pros


Bill Gates is ‘very optimistic’ about the future: ‘Better to be born 20 years from now...than any time in the past’


Created: Tue, 24 Jan 2023 15:01:12 GMT

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Despite the world's many challenges, Bill Gates says technological and scientific advances will keep improving future generations' quality of life. Here's why.

Read more: Bill Gates is ‘very optimistic’ about the future: ‘Better to be born 20 years from now...than any time in the past’


These are the key tax forms you need to file your return — and when to expect them


Created: Tue, 24 Jan 2023 14:30:01 GMT

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Experts say it's critical to get organized with tax forms before filing your 2022 return. Here's how to avoid tax refund delays.

Read more: These are the key tax forms you need to file your return — and when to expect them

 
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