Wealth

Donald Gruener | iStock | Getty Images LAS VEGAS — Tax savings aren’t typically the main reason for philanthropy. But if you’re planning to donate money, certain charitable giving strategies provide a bigger tax benefit. Since the Tax Cuts and Jobs Act of 2017, there’s been a higher standard deduction, which makes it harder to claim

Erin M. Collins, National Taxpayer Advocate Source: IRS LAS VEGAS — After a difficult three years for taxpayers, the IRS has made significant improvements. But there’s still work to do, according to the National Taxpayer Advocate Erin Collins. “This filing season has probably been as close to normal as possible,” she said, speaking at the

Travelers can avoid paying some of Bhutan’s daily tourism fees, as long as they stay at least five nights. Last week, Bhutan announced changes to its Sustainable Development Fee which made headlines after it jumped from $65 to $200 a day when the country reopened its borders in September. Travelers who pay the SDF for

Getty Images This spring, millionaires felt relatively pessimistic about the economy and identified several perceived threats to personal wealth, according to CNBC’s latest millionaire survey. Millionaires believe the biggest current threat to their wealth is the stock market, with 60% expecting the S&P 500 will be down or relatively flat by the end of 2023.

Presidential candidate and Florida Gov. Ron DeSantis speaks to a crowd in Gilbert, South Carolina, June 2, 2023. Sean Rayford | Getty Images Florida Gov. Ron DeSantis is the favorite Republican candidate among millionaires, although their support for former President Donald Trump is growing, according to the CNBC Millionaire Survey. Only 32% of millionaire Republicans

Swimply is expanding its marketplace to offer pickleball court rentals. Source: Swimply Swimply, the startup that lets people rent private pools, is set to expand to pickleball courts — and the company says it expects revenue from its new offering to outpace pool rentals in just two and half years. On Tuesday, the company announced

Plans for a universal basic income trial have just been published in the U.K. by think tank Autonomy. Tashdique Mehtaj Ahmed | Moment | Getty Images Receiving free cash from the government when nothing is expected in return might sound like a utopian dream. But it could soon be a reality for some in the

You might think it’s worth sacrificing vacations, family time and sleep for your career — especially if it leads to a raise or promotion. It’ll also make you a lot unhappier, says former U.S. president Barack Obama. “What you want is a balance,” Obama told LinkedIn News‘ “This Is Working” podcast on Thursday. “Young people

In this article AI Follow your favorite stocksCREATE FREE ACCOUNT Tom Siebel has been riding the artificial intelligence wave. Three years after selling his prior software company, Siebel Systems, to Oracle for nearly $6 billion in 2006, he started C3.ai, a provider of AI solutions to businesses. That company, which went public in 2020, now

Geber86 | E+ | Getty Images There are plenty of risks for retirees — and those risks may compound by the rising cost of health care in retirement.  While the cost of medical care has recently fallen, it’s still nearly 30% higher than a decade ago, according to data from the U.S. Bureau of Labor

In this article CSG.N-CH UBSG-CH Follow your favorite stocksCREATE FREE ACCOUNT With its $3.2 billion acquisition of Credit Suisse, UBS is poised to climb the ranks of global mega banks. UBS is no stranger to blockbuster mergers. The modern company is comprised of over 370 legacy firms, including former domestic rivals. Amid major wars, Switzerland has remained

Knowing how and when to start teaching to kids about money and identifying what money skills they need can be tricky, but experts say it is crucial for their futures. MoMo Productions Knowing how and when to start teaching kids about money and identifying what skills they need can be tricky. Parents often don’t want