The IRS has recently rolled out a new tax filing program called Direct File, which aims to provide a free and convenient option for taxpayers to file their taxes directly with the agency. The program has been tested in 12 pilot states and is open to taxpayers with simple tax situations. This initiative has the
Wealth
The world of overland road trips is not just a realm populated by rugged adventurers and thrill-seekers but also by individuals who have found profound meaning and purpose on the open road. Beyond the statistics and data lies a tapestry of unique stories that reflect the personal journeys of those who have taken the wheel
Tony Fernandes, the founder and CEO of AirAsia, stands by his unfiltered approach to social media, even if it means facing potential controversy. In a recent interview with CNBC, Fernandes emphasized the value of transparency in his communication style. Despite not getting his posts vetted by his PR team, Fernandes believes that social media allows
Barbara Corcoran, the renowned investor on ABC’s “Shark Tank,” believes that the key to a successful life lies in the ability to learn from mistakes. She emphasizes that recovering from failure is crucial, as it constitutes 95% of life. According to Corcoran, individuals who can bounce back from setbacks like a jack-in-the-box are more likely
The financial landscape is rapidly changing, with the number of family offices around the world tripling since 2019. According to a recent report from Preqin, there are now over 4,500 family offices globally, with North America leading the way with 1,682 offices. These family offices, the private investing arms of wealthy families, are estimated to
Civet cat coffee, also known as kopi luwak, has been gaining popularity among tourists in Bali. However, a recent investigation by People for the Ethical Treatment of Animals (PETA) has shed light on the dark truth behind this seemingly exotic drink. Undercover footage revealed that Asian palm civets, the animals responsible for producing the coffee
Married couples face a crucial decision every year when it comes to filing taxes – whether to file jointly or separately. While the tax code generally favors joint returns, some spouses may benefit from filing separately. The option of “married filing jointly” combines income, credits, and deductions on a single return, offering the convenience of
Passport rankings are often simplified to focus on just one factor – visa-free travel. However, according to the tax and immigration consulting firm Nomad Capitalist, the strength of a passport is much more complex. They have created a weighted annual index that takes into account five criteria: Visa-free travel, Taxation, Global perception, Ability to hold
In a surprising turn of events, it has been revealed that the Singaporean government struck a closed-door deal with pop sensation Taylor Swift to make the city-state her only stop in Southeast Asia during her Eras tour. This exclusive arrangement ensured that Swift would not perform in any other neighboring countries, sparking controversy and criticism
A decade ago, I made a significant career change from being a concert promoter to becoming a personal finance journalist specializing in tax strategy. In my earlier days, my thoughts on taxes were limited to once-a-year considerations during tax filing season. However, my current role at CNBC has expanded my focus, prompting me to delve
