Givers’ regret: What happens when wealthy parents try to claw back fortunes from their kids
Thomas Barwick | Digitalvision | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert...
Government taxation and revenue
Average IRS tax refund is up 10.9%, latest filing data shows
Pheelings Media | Istock | Getty ImagesThe average tax refund is 10.9% higher so far this season, compared with about the same...
Lawsuit over $21 million donor-advised fund highlights risks of DAF giving
Ridvan_celik | Istock | Getty ImagesA version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank,...
Trump accounts have 'more unanswered questions than answered,' expert says. What's still unknown
On the heels of a massive publicity push, families have signed up about 3 million kids for Trump accounts, according...
Tax season presents a boom-or-bust test for U.S. auto sales
Customers near a Ford Maverick pickup truck at a Ford dealership in Richmond, California, US, on Wednesday, April 16, 2025....
Average IRS tax refund is up 10.9% so far this season, early filing data shows
D-keine | E+ | Getty ImagesThe average tax refund is 10.9% higher so far this season, compared to about the...
How Trump's child tax credit changes could impact your refund this season
Maskot | Maskot | Getty ImagesThis tax season, some families could see a bigger tax break for their children due...
How a smaller IRS, budget cuts may impact 2026 tax filing: 'Buckle your seatbelts,' one expert says
Pra-chid | Istock | Getty ImagesRead more CNBC personal finance coverageHow a smaller IRS, budget cuts may impact tax filing:...
California's controversial wealth tax proposal leaves billionaires with little way out
A version of this article first appeared in CNBC's Inside Wealth newsletter with Robert Frank, a weekly guide to the...
Prediction markets are booming. How to tax winnings is anyone's guess
Polymarket banner outside the New York Stock Exchange on Oct. 7th, 2025.Kevin Stankiewicz | CNBCPrediction markets are booming, with monthly...
This is the 'biggest mistake' you can make with your IRA, attorney says
mapodile | E+ | Getty ImagesLAS VEGAS — Millions of households have individual retirement accounts, and simple mistakes can be...
Powerball jackpot hits $1.8 billion. Here’s the tax bill if you win
Roughly $198.3 million goes straight to the IRSThe Powerball jackpot winner can expect a large upfront federal tax withholding. The...
Rhode Island's 'Taylor Swift Tax' on vacation homes of the wealthy is spreading to other states
Taylor Swift attends the 67th GRAMMY Awards on February 02, 2025 in Los Angeles, California.Frazer Harrison | Getty Images Entertainment...
Wealthy Americans are traveling to Europe to dodge tariffs on luxury goods
Visitors and salesmen stand at the booth of Swiss luxury watchmaker and jeweler Piaget, during the "Watches and Wonders Geneva"...
Why cutting capital gains tax on home sales wouldn't solve the country's housing issues
A Sold sign in front of a home under construction at the Waterways subdivision in Gulf Shores, Alabama, US, on...
New York City braces for wealth flight with Mamdani's political rise
Zohran Mamdani's primary win in New York City's mayoral race and proposal to raise taxes on millionaires have touched off...
What Trump’s 'one big beautiful' tax-and-spending package means for your money
U.S. House of Representatives Speaker Mike Johnson and other Republican House members celebrate following the signing of U.S. President Donald...
Tax changes under Trump’s 'big beautiful bill' — in one chart
President Donald Trump signed his party's tax and spending package into law on Friday, ushering in major changes to Americans'...
Trump ‘big beautiful’ bill gives top 1% biggest tax cuts in these states
Speaker of the House Mike Johnson, R-La., speaks to reporters as he walks back to his office as the House...
Why Trump tax deductions — for tips, car loans and more — may not carry large benefits for low earners
Senate Majority Leader John Thune (R-SD), flanked by Sen. John Barrasso (R-Wyoming), Sen. Mike Crapo (R-Idaho) and Sen. Lindsey Graham...
