Biden’s billionaire tax faces a difficult road in Congress, where House Democrats already rejected including a similar proposal in their version of the Build Back Better plan that past last fall.
President Joe Biden's budget proposal calls for more than $2.5 million in tax hikes on the wealthy and large corporations. That includes a 20% minimum tax on the unrealized capital gains for households worth at least $100 million.
It is time for platforms and marketplaces, such as Ethereum and OpenSea, to agree on basic protections.
Cash-out refis enable newbie investors to buy second or third houses— or more — to capitalize on surging rental demand.
What do these developments mean for estate planning with digital assets?
Scott, 51, the philanthropist and former wife of Amazon.com Inc. founder Jeff Bezos, has a fortune of $54.4 billion. This is her largest gift since joining the Giving Pledge in 2019.
The conventional wisdom of what 'whole life' is and how it works is often far from the truth.
Time spent with clients is money; here's how top advisors find more of it.
A musician's catalog is a complex asset and requires specific planning both before and after a transaction.