If your investments made money, you might owe something called the net investment income tax (NIIT) on your profits. Although many investors are not likely to get hit with this bill, it’s important to ...

Learn the critical differences between revenue and income, their impact on financial health, and how understanding each can ...

Wells Fargo missed analysts' ​estimates for fourth-quarter profit and interest income, sending its shares down before the ...

But $1 million no longer makes you ‘affluent,’ defined as being in the top 10% of U.S. households. Now it requires a net ...

Learn what Net Income After Taxes (NIAT) means, how it's calculated, and see examples to understand this key financial metric ...

Bank of America beat estimates for fourth-quarter profit, as its traders capitalized on volatile markets, while it brought in ...

There’s a difference between high income and high net worth — and there’s a growing gap between the two, according to a U.S.

If you’re a high-income earner or someone with a diverse investment portfolio, there’s a little-known tax that can have a significant impact on your taxes that is often overlooked – the Net Investment ...

Forbes contributors publish independent expert analyses and insights. Admitted NY Bar and US Tax Court, covers US international tax law. The Net Investment Income Tax thresholds aren't adjusted for ...

Tracking your net worth is like keeping a scorecard of your financial progress in life. Calculating your net worth is straightforward. First, you add up all of your assets -- your checking account, ...

Upper-income households in the U.S. generally have a net worth significantly higher than lower-income households. According to Pew Research Center, the median net worth of upper-income households is ...