Bill and Melinda Gates brace the rain as they visit the township of Khayelitsha on October 25, 2019 in Cape Town, South Africa. Brenton Geach | Gallo Images | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign
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miniseries | Getty After weeks of testing with roughly 1,500 returns, Direct File, a free tax filing program from the IRS, is now fully open in 12 pilot states, according to the U.S. Department of the Treasury. While the pilot focuses on “simple tax situations,” the Treasury estimates the pilot could cover about one-third of
Artistgndphotography | E+ | Getty Images A free tax filing program from the IRS fully opened in 12 pilot states on Tuesday — and officials from the U.S. Department of the Treasury have released state-by-state estimates of how many people qualify. “Direct File eligibility is limited to those with simple tax returns this filing season,”
The Porsche Mission X on display at the IAA Mobility 2023 show in Munich, Germany. Arjun Kharpal | CNBC Porsche on Tuesday warned that profitability will decline this year as it launches new models amid tough economic conditions, but hiked its dividend on the back of a rise in 2023 operating profit. The German luxury
Meenakshi Sai, 51, looks like any other Indian woman, dressed in a saree and sporting a bindi on her forehead. But unlike many women in her country, she’s been driving since she was 18 years old. As of 2020, less than 7% of India’s 236 million drivers were women, according to the data website Statista.
Tony Fernandes, chief executive officer of Capital A Bhd., during the Milken Institute Asia Summit in Singapore, on Thursday, Sept. 14, 2023. The summit runs through Sept. 15. Bloomberg | Bloomberg | Getty Images AirAsia founder and CEO Tony Fernandes says he does not regret the viral LinkedIn post that showed him receiving a massage
The key to a “good life” is the ability to learn from your mistakes, according to Barbara Corcoran. It’s a trait Corcoran shares with all of her biggest “superstar” employees, the 74-year-old investor on ABC’s “Shark Tank” told author and entrepreneur Tim Ferriss on the latest episode of his podcast. “Recovering from failure, in my
Whether or not you get hired by billionaire Mark Cuban comes down to two qualities: culture and competency. They’re the “two things that matter the most,” Cuban said during a MasterClass course released last month. “Are they competent enough to do the job? And do they fit in the culture of the organization? If they
Westend61 | Westend61 | Getty Images A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox. The number of family offices in the world has tripled since 2019, setting off a new race
If the idea of drinking civet cat coffee, which is made from feces from the Asian palm civet, is a turn-off, there may be yet another reason to rethink the drink. This week, People for the Ethical Treatment of Animals (PETA) issued a warning aimed at tourists in Bali after an investigator showed undercover footage
When I started my side hustle, I didn’t have a mentor, a big social media following, or any startup capital. I just had a drive to help people find great careers, and advice from some of my favorite books. In 2022, I quit my six-figure recruiting job at Amazon to grow my YouTube channel and
Mapodile | E+ | Getty Images Married couples have an important choice every year: filing taxes jointly or separately. While the tax code generally favors joint returns, some spouses may benefit from filing apart, experts say. “Married filing jointly” combines income, credits and deductions on a single return, whereas “married filing separately” creates two returns
A mega-yacht seized by U.S. authorities from a Russian oligarch is costing the government nearly $1 million a month to maintain, according to new court filings. The U.S. Department of Justice is seeking permission to sell a 348-foot yacht called Amadea, which it seized in 2022, alleging that it was owned by sanctioned Russian billionaire
Vivian Tu. Photo: Heidi Gutman Building wealth and saving for retirement can be more difficult for women facing challenges such as lower wages despite their increasing levels of education. An early-career mentor sparked a mindset shift for Vivian Tu, the founder of Your Rich BFF, who became a self-made millionaire by age 27. “I learned
Republican presidential candidate and former U.S. President Donald Trump speaks during a Fox News town hall at the Greenville Convention Center in Greenville, South Carolina, on Feb. 20, 2024. Justin Sullivan | Getty Images Donald Trump is racing to stave off a pair of civil penalties totaling nearly $540 million, without having to first put
Many passport rankings focus on one factor: visa-free travel. But passport strength is more complex than this, according to the tax and immigration consulting firm Nomad Capitalist. That’s why it produces a weighted annual index that analyzes five criteria: Visa-free travel — 50% Taxation — 20% Global perception —10% Ability to hold dual citizenship —
Gorodenkoff | Istock | Getty Images Many women today are looking for “financial peace,” said Jean Chatzky, founder and CEO of HerMoney. What that means: “It looks like being able to meet my obligations today, while being able to save for tomorrow,” said Chatzky, speaking at CNBC’s Women & Wealth event on Tuesday. “And having
Singapore Prime Minister Lee Hsien Loong said Tuesday that a closed-door deal for Taylor Swift to perform in the city-state ensured she would not perform in other Southeast Asian countries during her Eras tour. “(Our) agencies negotiated an arrangement with her to come to Singapore and perform and to make Singapore her only stop in
Seksan Mongkhonkhamsao | Moment | Getty Images Roughly 10 years ago, I began shifting careers from concert promoter to personal finance journalist. Back then, I thought about taxes exactly once per year — when it was time to file my annual return. Now, as a tax reporter for CNBC, I focus on tax strategy all
The owners of this Florida mansion are asking for $24 million for their almost 11,500 square-foot residence inside one of the most expensive gated communities in Delray Beach, Florida. The price tag puts the home, known as Villa Ananda, at a price per square foot of almost $2,100, which is well beyond record-breaking territory for