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Photo Of Robot Examining Invoice With Magnifying Glass.Andreypopov | Istock | Getty ImagesEven as the IRS makes headlines for cracking down on the wealthy, state tax collectors have become even more aggressive with audits of high earners, according to tax attorneys and accountants.In New York, the tax department rep...

The wealthy are building "passport portfolios" — collections of second, and even third or fourth, citizenships — in case they need to flee their home country.Recent high-profile examples of second citizenships include billionaire tech investor Peter Thiel, who added a citizenship in New Zealand, and former Google CE...

The wealth of the top 1% hit a record $44.6 trillion at the end of the fourth quarter.All of the gains came from stock holdings thanks to an end-of-year rally.Economists say the rising stock market is giving an added boost to consumer spending through what is known as the "wealth effect."Martin Puddy | Digitalvision...

Younger generations grew their wealth much faster than older Americans after the pandemic began, thanks largely to stocks, according to a new study.The total wealth of Americans under 40 surged by 80%, to $9.5 trillion, between the first quarter of 2019 and the third quarter of 2023, according to a study by the New ...