Jeffrey Coolidge | Photodisc | Getty ImagesThe IRS is launching plans with boosted technology and artificial intelligence to collect unpaid taxes from higher earners, partnerships and large corporations — which could transform tax compliance or spark challenges for the agency, experts say. After past criticisms of low audit rates among...
Undefined | Mint Images Rf | Getty ImagesOK, not all financial advisors wear capes. But many are superheroes to their clients.Advisors, however, do wear many hats because they play a key role in the lives of their clients as they help align their money with life goals. An advisor...
Most Americans have never used ChatGPT. The majority aren't interested in using generative artificial intelligence tools specifically for financial advice, either, according to a new CNBC Your Money Survey — at least not yet.Slightly more than one-third of U.S. adults — 37% — are interested in using AI tools...
Finding the right financial advisor to help with your financial needs and goals can be a very complicated process.There are so many things to consider.For example, every financial advisor has their own area of expertise. The services provided by financial advisors will vary based on the type of advisor...
Mason KingCourtesy: Mason KingMore than a year of recessionary forecasts have created "a highly unusual market," said Mason King, a principal of Luther King Capital Management in Fort Worth, Texas, which ranked No. 1 on CNBC's list of the top 100 financial advisors in the U.S. for 2023.As a whole, the current...
Kate_sept2004 | E+ | Getty ImagesWhether it's navigating a stock market downturn, hawkish Federal Reserve policy or banking instability, we're dedicated to helping consumers make smart money decisions.But CNBC's personal finance team also recognizes the value of professional advice and a comprehensive financial plan, regardless of life stage or level of wealth.Our mission...
Rosshelen | Istock | Getty ImagesCNBC enlisted data provider AccuPoint Solutions to assist with the ranking of registered investment advisors for this year's FA 100 list.The methodology consisted of first analyzing a variety of core data points from AccuPoint Solutions' proprietary database of registered investment advisors. This analysis started...
The following is an excerpt from "This week, your wallet," an audio program produced by CNBC's Personal Finance team. Listen to the latest episode here.Social Security is the largest federal program in the U.S. The vast majority of older Americans get Social Security benefits, which either partially or even...
Used car sales are soaring all over the U.S., and companies from Autonation to CarMax, Carvana and Buffalo, New York-based used car start-up ACV Auctions are benefitting.Patrick T. Fallon | Bloomberg | Getty ImagesDuring the pandemic, shoppers splurged on higher-end new cars. Now, given the current high car costs...
Jasondoiy | Istock | Getty ImagesComing up with a large chunk of cash for a down payment is likely the first thing that comes to mind when people think of buying a house one day. But you probably don't need as much money as you think.The idea of the...