[ad_1] Sdi Productions | E+ | Getty Images If you’re retired and skipped your 2022 tax payments, you can still avoid late penalties with an under-the-radar year-end strategy, experts say. Since taxes are due as you receive income, you must withhold levies from earnings or pay quarterly estimated tax payments. …
Read More »Inside a Malibu mansion on sale for $58.8 million
[ad_1] This $58,808,000 mansion overlooking the Pacific Ocean is one of the largest homes for sale in Malibu. At 16,600 square feet, it’s the grandest single-structure residence in town and a whopping 4,100 square feet bigger than the next-largest home on the market. The Bali-inspired residence at 11870 Ellice Street, …
Read More »Millionaires plan to cut their holiday spending due to inflation
[ad_1] A pedestrian carries shopping bags while walking through Union Square on May 17, 2022 in San Francisco, California. Justin Sullivan | Getty Images American millionaires are trimming their holiday spending and becoming more budget-conscious as a result of inflation, a sign that spending cuts are now rising up the …
Read More »Millionaire investors haven’t been this bearish since 2008
[ad_1] Millionaire investors are betting on double-digit declines in stocks next year, reflecting their most bearish outlook since 2008, according to the CNBC Millionaire Survey. Fifty-six percent of millionaire investors surveyed expect the S&P 500 to decline by 10% in 2023. Nearly a third expect declines of more than 15%. …
Read More »Don’t want to travel? Many in Japan say they’ll ‘never travel’ again
[ad_1] Everyone is traveling, it seems. Data shows people are traveling more often and for longer periods of time, with many planning big bucket list-style trips this year. But this isn’t the reality for all. Another group of people are quietly emerging from the pandemic with little to no interest …
Read More »This 529 plan myth is making college more expensive for families
[ad_1] Kevin Dodge | The Image Bank | Getty Images SEATTLE — For many families, paying for college is a financial burden, and experts say education-funding myths may be adding to the student loan debt crisis. “There’s often this perception that somehow people are being penalized for saving for college,” …
Read More »Billionaire Ken Griffin sues IRS over tax disclosure
[ad_1] Ken Griffin, Citadel, at CNBC’s Delivering Alpha, Sept. 28, 2022. Scott Mlyn | CNBC Hedge-fund billionaire Ken Griffin has sued the IRS and the Treasury Department over the “unlawful disclosure” of his tax information, escalating the battle in Washington over leaked tax filings of super-wealthy people including Warren Buffett …
Read More »When to submit your tax return in 2023 to avoid missing forms
[ad_1] If you’re eager to file your 2022 tax return in January or early February, the IRS has a warning: You’ll need to wait for “key documents” before filing in 2023. In a release last week, the IRS urged “early filers” to watch for Form 1099-K, which reports income for …
Read More »5 money moves to make now to ensure financial success in the new year
[ad_1] Cn0ra | Istock | Getty Images The end of the year is an important time for making financial decisions that can have an impact in the year ahead — and for years to come. From your work to your savings and investments to spending and giving back, here are …
Read More »What do hotel star ratings mean? Here’s a breakdown
[ad_1] Ever notice that a single hotel can be rated three, four and even five stars? That’s the case with Singapore’s iconic Marina Bay Sands, which is rated five stars on Booking.com, four stars on Forbes Travel Guide and three stars on Frommer’s. This is because star ratings are “not …
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