Dear Tax Guy: Our accountant charged us $486 for a simple gift-tax return. Why on earth would it cost so much?

We gave our daughter money towards a down payment on a home and learned we had…

Cryptocurrency investor losses are being turned into IRS gains — here’s how they’re doing it

The Internal Revenue Service has been turning up its scrutiny on cryptocurrency investors in recent years,…

Tax deadlines for retirees: do this before the year ends

It’s the most wonderful time of the year for holiday cheer – and last-minute tax tips. …

Russia Will Rely on ‘Shadow’ Tanker Fleet to Keep Oil Flowing

This copy is for your personal, non-commercial use only. Distribution and use of this material are…

Here’s why the smart money is betting on value stocks to outperform growth

You should be skeptical of the growth story that periodically captures stock investors’ attention. That’s because…

U.S.-traded Chinese stocks clinch best week since at least March as reopening hopes help spark rebound

Shares of U.S.-traded Chinese stocks on Friday posted their best week since at least March, with…

Dear Tax Guy: ‘I’ve accumulated a lot of junk.’ I plan to make $6,000 selling stuff on eBay. Can I put it into an IRA instead of paying income tax?

I am retired with Social Security and a state pension. Over the last 30 years I’ve…

Activision Joins Wedbush’s Best Ideas List. Microsoft Can Address Regulators.

Activision Blizzard’s shares are trading at a steep discount to the $95 all-cash takeout price. David…

Alibaba stock flies toward best month in 7 years

The U.S.-listed shares of Alibaba Group Holding Ltd. were ending a historically strong month on a…

Hardship withdrawals from 401(k)s reach ‘concerning’ all-time high, Vanguard says

Amid stubbornly high inflation, a record-breaking share of Americans are turning their 401(k) accounts into emergency…

Suze Orman says, ‘We’re heading downhill very fast,’ unless employers start providing this lucrative benefit to their workers

Americans trying to save some cash for unforeseen expenses are up against a lot — months…

Fed’s shrinking of balance sheet via quantitative tightening is ‘a complete mistake,’ says Mizuho

The Federal Reserve’s attempt at shrinking its balance sheet through so-called quantitative tightening, or QT,  is…

Audit Standards Overseer Also Backs Startups

Listen to article (2 minutes) An accounting trade body has invested in audit-related tech startups, while…

Shinhan Financial’s U.S. Unit Ordered to Beef Up Money Laundering Oversight

A U.S. unit of South Korea’s Shinhan Financial Group has agreed to bolster the oversight of…

These money and investing tips can help your portfolio sail through December

Don’t miss these top money and investing features: Sign up here to get MarketWatch’s best mutual funds…

Binance U.S. Arm to Bid for Bankrupt Voyager Digital’s Assets After FTX Collapse

The U.S. arm of Binance, the world’s largest cryptocurrency exchange, will make a bid for bankrupt…

Activision Stock Falls on Report FTC Might Block Microsoft Deal

Activision Blizzard stock dropped Friday after a Politico report suggested that the Federal Trade Commission will…

Apple iPhone wait times have doubled in 4 weeks to 38 days, UBS says

It’s too late to buy an Apple iPhone 14 Pro or Pro Max in time for…

‘My elderly relative determined she could no longer care for herself’: Are her assisted-living facility costs tax deductible?

I have an elderly relative in an assisted-living arrangement in Indiana. She was basically directed to…

How $10,000 now will help my newborn granddaughter have a better retirement

Earlier this month, my wife and I were delighted to welcome a new granddaughter into the…

Are you prepared for year-end 401(k) deadlines?

As we approach the end of the year, now is a great time to ensure you’re…

FTX Sends Crypto Reeling. The Whales Move in to Profit.

Cryptocurrency markets have been slammed by the sudden bankruptcy of FTX. But amid the carnage, some…

Week’s Best: What the Elections Mean for Investors

So, who won? With most of the election drama now resolved, what will the divided legislature…

What’s Stopping Companies from Pulling Supply Chains Out of China

Text size Despite the trade war and Covid-19 lockdowns, China accounts for 35% of total U.S.…

Ontario Teachers’ Pension Plan is latest FTX investor to mark venture investment to zero

It’s relatively rare for an institutional investor to make a public statement about a loss on…

Trump Organization CFO Weisselberg chokes up on witness stand, claims his ‘personal greed’ drove $1.7 million tax-avoidance scheme

NEW YORK (AP) — Donald Trump’s longtime finance chief choked up on the witness stand Thursday,…

Black Friday surprise: Jeff Bezos tells people not to buy cars, refrigerators and other big-ticket items. Critics call him out.

Billionaire Jeff Bezos, who founded the e-tail behemoth Amazon, has some spending tips as Americans gear…

Sunrun and Other Solar Stocks With Strong U.S. Presence Are a Buy, Analyst Says

An analyst from Deutsche Bank is bullish on Enphase Energy Sunrun and First Solar due to…

Dear Tax Guy: ‘What happens if I sell my existing house to pay off the loan on my new home? How much tax will I owe?’

Greeting, readers. I’m Andrew Keshner and I’m the tax reporter for MarketWatch. I write about the…

Opinion: You can’t rely on Social Security to fund your retirement — it’s time to rethink your retirement savings strategy

Following a period of record inflation, Social Security’s latest cost of living adjustment (COLA) means retirees…