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Rihanna Is Now Worth $1.4 Billion – Making Her America's Youngest Self-Made Billionaire Woman
The singer and philanthropist ranked 21st on Forbes’ annual list of America’s richest self-made women, due largely to her multiple entrepreneurial ventures.
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Here's How Much Money It Takes to Be Considered Wealthy in 12 Major U.S. Cities
You need a net worth of over $3 million to be considered “wealthy” in major cities like San Francisco and New York.
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Turkey May Become the New Playground for Russian Oligarchs — But It's a Risky Strategy
Russian oligarch wealth is on the hunt for a new home, and Turkey is quickly establishing itself as a welcome host.
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Last Chance to Avoid a 50% Penalty on Required Withdrawals Is April 1 for Some Retirees
If you turned age 72 during the second half of 2021, the deadline for your first annual required withdrawal from retirement accounts is April 1, 2022.
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Sen. Elizabeth Warren Says Billionaires Should Pay More Taxes to Help the ‘Next Elon Musk'
“I’m happy to celebrate success, but let’s remember, Elon Musk didn’t make it on his own,” the Massachusetts Democrat told CNBC on Tuesday.
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Biden's Budget Proposes Tax Hike on Married Filers Making More Than $450,000
President Joe Biden has proposed a hike on the top marginal income tax bracket for single filers earning more than $400,000 and married couples above $450,000.
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Some Passports Are Better Than Others. Here's a List of the Most Powerful Ones
Luxembourg, one of the smallest countries in Europe, tops a new passport index that analyzes factors that affect global citizens.
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How to Avoid a Tax Filing Rejection If Last Year's Return Is Still Pending
Is your 2020 tax return still pending? There’s a special step to follow when electronically filing your 2021 return, the IRS says.
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57% of U.S. Households Paid No Federal Income Tax Last Year as Covid Took a Toll, Study Says
More than half of Americans paid no federal income tax last year due to Covid-relief funds, tax credits and stimulus, according to a new report.
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Here's How to Settle Your Loved One's Estate After They Pass Away
Experts say settling an estate can take six months to several years, depending on prior planning and simplicity of the assets. Here’s what to know.
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How to Avoid a 6-Figure Tax Penalty on Foreign Bank Accounts
If you have overseas financial accounts, you may need to disclose balances to the U.S. Department of the Treasury by April 15 or incur a steep tax penalty.
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Russian Oligarch Abramovich's Two Superyachts Worth a Combined $1 Billion Are Escaping Sanctions — for Now
The azure waters of southwest Turkey saw the arrival of a two multimillion-dollar superyachts this week reportedly belonging to Russian oligarch Roman Abramovich.
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Inflation Is Spiking the Cost of Pet Parenthood Yet Owners Are Still Splurging on Care
More than 70% of dog owners are feeling the sting of inflation when spending on food and supplies. But many are still willing to splurge, a report shows.
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Op-Ed: Why Investors Should Care About Who Owns Their Advisor's Firm
There are many factors to consider when selecting a financial advisor, from acumen to personal chemistry. Also important: who actually owns the advisor’s firm.
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Buying Your First Home? Here's What You Need to Know
People looking to buy a home for the first time face a steep learning curve. Here are some of the basics from experts in the field.
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Meet Erin Collins, National Taxpayer Advocate for the IRS
Erin Collins, the national taxpayer advocate, fights for systemic changes within the IRS. Here’s what to know about the Taxpayer Advocate Service.
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The IRS Has Delivered More Than 45 Million Tax Refunds. This Is the Average Payment
The IRS has issued more than 45 million refunds worth almost $152 billion, as of March 11. Here’s the average payment.
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The 4 Types of Vacations That May Be Hard to Book in 2022
After two years of vacation plans being halted by Covid-19, travelers are beginning to regain their confidence and are booking holidays up to a year in advance.
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Americans Are Pausing Investments Because of the Russia-Ukraine War. Here's What It Could Cost Them
The ongoing Russia-Ukraine war is hurting Americans’ financial outlook, causing many to pause investing, according to a survey. Here’s why that’s a problem.
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A Million New Millionaires Were Created in U.S. Last Year, and the Richest Got Richer, Report Says
The roaring stock market and crypto gains created more than a million new millionaires in the U.S. last year, according to a new report.