Exchange-traded funds have a ‘tax magic’ that many mutual funds don’t offer
Israel Sebastian | Moment | Getty ImagesInvestors who hold exchange-traded funds can often escape a tax bill incurred by those ...
Tag: Government taxation and revenue
More than $100 trillion in wealth is about to be inherited — here are the biggest winners
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the ...
If Trump adds tariffs, ‘either way, there is a cost to consumers,’ economist says
Peter Kramer/NBC via Getty ImagesU.S. consumers would likely see prices increase if President-elect Donald Trump follows through with a plan ...
Soaring sports team values create new pressure for owners on taxes, succession
A detail view of a NFL shield logo paint of the field during a preseason game between the Los Angeles ...
The IRS has a method of ‘last resort’ to collect overdue taxes: Revoking your passport
Grace Cary | Moment | Getty ImagesTravelers, be warned: The federal government may revoke your passport if you ignore a ...
Here’s why the minimum wage and some tax breaks don’t budge despite inflation
Martin Barraud | Ojo Images | Getty ImagesMany Americans are likely familiar with financial thresholds that are adjusted for inflation ...
90% of qualifying electric-vehicle buyers opt for $7,500 ‘new clean vehicle’ tax credit as upfront payment, Treasury says
Maskot | Maskot | Getty ImagesThe bulk of Americans buying qualifying new electric vehicles are opting to receive an associated ...
Biden’s ‘billionaire tax’ takes aim at the super-rich — but can a wealth tax work in reality?
Calls for a wealth tax on the world's super-rich are once again gaining attention after U.S. President Joe Biden said ...
Does the tax on your year-end bonus check seem high? Here’s why
Jgi/tom Grill | Tetra Images | Getty ImagesDoes your year-end bonus look smaller than expected?Tax withholding is a likely culprit, ...
$20 an hour, clothing stipend, meals: How a Big Four firm is trying to get teens interested in accounting
KPMG is offering high schoolers paid internships to help fix accounting's staffing shortage.By her own admission, Autumn Kimborough, 17, didn't ...
