MIAMI-- A $100 million lawsuit has been filed against a Florida billionaire over a 2012 helicopter crash in the Bahamas that killed a prominent tax attorney. The widow of attorney Lance Valdez filed the wrongful death suit Monday in Miami federal court against real estate magnate Jeffrey Soffer.» Read More
Between 1995 and 2010, millions of Americans have moved between states in the U.S., taking with them $2 trillion in adjusted gross income. Travis Brown, author of "How Money Walks," and CNBC's Robert Frank break it down state by state.
CNBC's Brian Shactman and Robert Frank report on golf icon Phil Mickelson who said he "might have to make some changes," due to a tax increase. Will other wealthy Americans move because of higher taxes? Lindsey Piegza, FTN FInancial economist, shares her opinions.
Phil Mickelson is now saying he should have kept his opinions to himself on taxes, with CNBC's Brian Shactman and Robert Frank.
Not all American workers have seen the higher payroll tax in their paycheck yet, particularly those employed by small businesses, Carlos Rodriguez, CEO of ADP, told CNBC Tuesday.
India will delay by two years the implementation of controversial rules on tax avoidance to 2016, Finance Minister P. Chidambaram said on Monday, giving some respite to investors after the measures dented confidence at a time the country needs capital inflows.
State laws that recognize same-sex marriage clash with federal laws that don't, making tax season complicated and costly for same-sex spouses.
Mortgage interest deduction is one of the most popular provisions of the tax code. But Internal Revenue Service data show that only a quarter of tax filers claim it.
Gary Richards, senior corporate tax partner at Berwin Leighton Paisner, tells CNBC that the UK tax code is very complicated so it allows companies to plan to avoid it and avoiding tax through loopholes is not illegal.
A debt-laden U.S. economy has 'tons’ of under invested capital that could get put to work if the federal government solves its budget woes, Pimco CEO Mohammed El-Erian told CNBC Tuesday.
Limiting tax deductions as part of a "Fiscal Cliff" deal would force the wealthy to bear the brunt of the cost, with million-dollar earners getting hit the hardest.
Anyone looking at their paycheck stub and seeing the laundry list of taxes taken out might be saying to themselves 'Why am I paying these and where does all that money go?'CNBC explains
The 75 percent tax on millionaires in France has caused more of the rich to put their homes up for sale. But don't expect bargains in Paris, where prices remains high.
There are many financial perks that come with being married. Filing taxes generally isn’t one of them.
Many say 529 savings plans are the best way to save for college, but interest in them is cooling.
Mark Hibbs, MD & Portfolio Manager, Gen2 Partners explains why raising the consumption tax in Japan is a bad move.
The average balance at the nation's largest 401(k) administrator was $72,800 at the end of June, 2.4 percent less than at the end of March.
An IRA can contain anything that makes you money, but as with any DIY investment, caution is required.
There are some countries where you can be 100 percent certain that you don’t have to pay income tax. Find out where.
CNBC's Rick Santelli and Simon Hobbs, offer insight on Spain's recent increase of its sales tax to a whopping 21 percent.
Wealthy investors including Sir Alex Ferguson, Sven-Göran Eriksson and a host of sports stars and City figures could be liable for huge individual tax bills after an attempt to reduce their liabilities backfired. The Financial Times reports.