NEW YORK— A judge has ordered a prominent Texas businessman and his brother's estate to pay $299 million after a federal jury New in York found they engaged in a massive fraud to evade taxes. District Judge Shira Scheindlin issued a final order Thursday in the Securities and Exchange Commission's suit against Sam Wyly and the late Charles Wyly.» Read More
Postnuptial agreements—similar to prenups, but for married couples—are on the rise, with growing acceptance and DOMA changing the marriage landscape.
Gavin Pluck, European director of Guardian Wealth Management, tells CNBC why those who work abroad stand to lose the most when the retirement time bomb goes off.
Chas Roy-Chowdhury, Head of Taxation at ACCA tells CNBC's Cash Flow why he thinks the global tax system encourages MNCs to keep their profits offshore.
An investigation into the tax affairs of Cadbury's – known for its philanthropic ethos – has uncovered tax avoidance schemes former senior executives admit were “highly aggressive”, the FT reports.
British electricity prices may be almost double those in Germany within three years due largely to the impact of a new tax aimed at supporting renewable power generation.
Prenuptial agreements are common among the financial elite. Divorce settlements can be astronomical. But in some cases, prenups may make sense for the 99 percent.
Thames Water has been slammed by public sector unions and politicians after the UK's biggest water company by revenue announced that it paid no corporation tax last year, the FT reports.
President Francois Hollande's government aims to save up to 2 billion euros annually from 2016 under a proposed reform of France's generous system of family benefits.
Being audited is scary. Not knowing if you might be is almost as bad. Here is a roadmap to how the IRS decides on candidates for examination.
U.S. tax agents have been singling out non-profit groups for extra scrutiny by key words such as 'Tea Party'and later "organizations involved with political, lobbying, or advocacy".
Italy's economy minister said he did not believe additional tax hikes and spending cuts would be necessary in 2013.
The Internal Revenue Service will play an important role in how health-care reform is managed, even deciding who will have to buy coverage.
Google and its auditor Ernst & Young will be called again to a British parliament committee to testify on tax and inconsistencies in the way Google portrays its activities in Britain.
Amid speculation that the Defense of Marriage Act may be struck down, same-sex couples and their financial advisors are preparing for many possible changes in taxes and benefits.
Tax incentives to spur retirement-plan contributions lead only relatively wealthy, well educated Americans to save more, studies show. Automatic contributions work much better.
Despite changes to the alternative minimum tax rules, millions will still have to pay it and the number of obligated taxpayers will keep growing.
From early withdrawals from 401(k) accounts to how you handle gifts from Grandma, here are five pitfalls to avoid while applying for college financial aid.
CNBC's Sharon Epperson discusses gold's close for the day. The precious metal ended up above $1,600 over concern in Cyprus as investors looked for a safe haven.
Although it's known as the "nanny tax," it's not just for nannies, and Uncle Sam won't take kindly to you if you don't pay it. Despite what's often seen as something that only the rich should be concerned with, it's something all of us better be aware of.
April 15 is looming, but if you look carefully there are a variety of possible ways to lower your 2012 tax bill.