Wealth
If you’re still missing your tax refund, you’ll soon receive 7% interest from the IRS — but it’s taxable
Bill Oxford | E+ | Getty Images If your tax refund is still in limbo, there’s good news: Your balance may be accruing interest, and the rate increases to 7% from 6% on Jan. 1, according to the IRS. As of Nov. 18, there were 3.4 million unprocessed individual returns received in 2022, including filings […]
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It’s been a volatile year for the market: These are the key things to know before rebalancing your portfolio
After a volatile year for the stock and bond markets, it may be time to rebalance your portfolio by shifting assets back to match your original goals, according to experts. As of Nov. 28, the S&P 500 Index was down roughly 17% year-to-date, and the U.S. bond market has dropped by around 13%, leaving many […]
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These are shaping up to be the best and worst luxury real estate markets for 2023
Residential villas on the waterside of the Palm Jumeirah in Dubai on Feb. 24, 2022. Russians were always among the top 10 nationalities investing in Dubai property, according to Tahir Majithia, managing partner at Dubai-based Prime Capital real estate. Christopher Pike/Bloomberg via Getty Images Wealthy investors betting on luxury real estate would do best by […]
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Here’s how the BlockFi bankruptcy may affect your crypto taxes for 2022
It is thought the new U.K. government’s mini-budget may have made buying a house even more difficult. Photo by LanaStock via Getty Images Crypto firm BlockFi on Monday filed for Chapter 11 bankruptcy, two weeks after the collapse of crypto exchange FTX, further complicating taxes for investors during a difficult year. BlockFi, which offers an […]
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Over 10 years, 43% of first marriages can fail. Here’s why couples might want a postnuptial agreement
Vitapix | E+ | Getty Images While couples might sign a prenuptial agreement before they’re married and a “post-nup” after, it’s more than just the timing that differentiates these arrangements, experts say. “It’s a whole different ballgame once you’re married,” said Martin Shenkman, estate attorney with Shenkman Law in New York City. “With a pre-nup, […]
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3 lesser-known ways to trim your 2022 tax bill or boost your refund before year-end
Charles Taylor | Getty Images 1. If your income is higher in 2022, defer your bonus into 2023 If you’ve had a strong year and expect lower earnings in 2023, you may try to defer a holiday bonus until the new year, experts say. “It’s always exciting to reap the rewards of hard work by […]
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U.S. shoppers alone in boosting Black Friday spend as cost-of-living crisis hits Europe
Many shoppers say they plan to spend less this Black Friday as the cost-of-living crisis bites. Richard Baker | In Pictures | Getty Images Black Friday may offer an opportunity to bag a bargain ahead of the festive period, but many shoppers will be expecting retailers to cut prices by a greater margin this year […]
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Superyacht rentals, private jets and a soccer-themed hotel: Dubai is cashing in on the Qatar World Cup
A yacht that can be rented to watch the World Cup while sailing around Dubai is docked in Dubai harbor on November 1, 2022, ahead of the Qatar 2022 FIFA World Cup football tournament. Photo by Giuseppe CACACE / AFP) (Photo by GIUSEPPE CACACE/AFP via Getty Images) Giuseppe Cacace | Afp | Getty Images DUBAI, […]
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The future of parking is in New York — and it costs at least $300,000 per space
Hidden deep below some of New York City’s most luxurious apartment buildings is an exclusive world of futuristic parking spaces where high-end vehicles are parked and retrieved by robotic parking systems. The high-tech spots are a rare amenity in the Big Apple, and if you want your car to occupy one of these VIP spaces […]
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Two companies have luxury trains called the ‘Orient Express.’ Here are the differences
The “Orient Express” has been called the “king of trains” and the “train of kings.” Royalty, writers, actors and spies have ridden the original route between Paris and Istanbul, which started in the late 19th century. Author Agatha Christie described the Orient Express as “the train of my dreams.” She set a bestselling murder mystery […]
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