Wealth

The Republican tax plan may still be in flux. But the wealthy are already taking steps to avoid some of the most costly parts of the plan and reduce their taxes. Wealth management firms and accountants to the rich are scrambling to prepare their clients for the biggest set of tax changes since 1986. While
0 Comments
Instead, the research team decided to headquarter Santa’s mythical workshop in Shenzhen, China, where there’s “a local airport and shipping port that isn’t possible in the North Pole,” said study author, John Pring. Shenzhen is “set up for heavy manufacturing and shipping those goods worldwide,” he continued. Shipping by road from the city would cost
0 Comments
Mexico’s secretary of tourism disputed reports of tainted alcohol and described warnings about criminal activities from the U.S. State Department as “misleading” on Wednesday. “There is no evidence about tainted alcohol,” Enrique de la Madrid Cordero said on CNBC’s “Power Lunch.” Cordero said the case he reviewed concerned “excessive alcohol” — a problem associated with
0 Comments
Source: Ritz-Carlton Charlotte, N.C. One of three made-of-macaron trees at the Ritz-Carlton Charlotte, N.C. There’s no charge to visit the Holiday Wonderland, on view now through Dec. 27 in the lobby of the Ritz-Carlton Charlotte in North Carolina — but it will certainly make you hungry. Decorations include three trees bedecked with a total of
0 Comments
If you’re married, split your HSA savings into two accounts, with money in both your name and your spouse’s, Stahl said. You’ll still be limited to the maximum annual family contribution (currently $6,750), but then each spouse can make an annual $1,000 catch-up contribution once they reach age 55, he said. Workers who have access
0 Comments
When it comes to who should feel in charge of their own money, Beyonce said it best: “All the single ladies, now put your hands up.” Nearly all single women — 97 percent — said it’s important to be engaged in managing their finances, according to a new Fidelity Investments study, “Single Women & Money.”
0 Comments
The possibility of the GOP tax cut plan actually increasing taxes would only impact “a few people at the very top,” said Kevin Hassett, economic advisor to President Donald Trump. “They’ve got plenty of resources,” said the Council of Economic Advisors chairman, referring to people who make more than $1 million in high-tax states, such
0 Comments
Some dealers say the buyer is likely an American, since there is only one da Vinci in the U.S. — currently at the National Gallery in Washington — and it would make sense for a billionaire to buy it and donate it to a museum in New York or L.A. Others say the price suggests
0 Comments