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The Internal Revenue Service said Monday, Jan. 26 would be the opening day of the 2026 tax-filing season for individual returns. Processing ContentElectronic filing of business returns is set to start earlier on Sunday, Jan. 13 at 9:00 a.m., according to an IRS alert. The IRS Free File program will begin accepting individual tax returns starting Friday, Jan. 9 for qualified taxpayers. Taxpayers who are comfortable preparing their own taxes can use IRS Free File Fillable Forms starting Jan. 26, regardless of income.A number of new provisions of the One Big Beautiful Bill Act have recently taken effect, including deductions for…

Ford Mustangs at a used car dealership in Montebello, California, May 5, 2025.Frederic J. Brown | AFP | Getty ImagesDETROIT — Prices of used vehicles are expected to rise this year but at a historically stable rate, according to auto data and insights firm Cox Automotive.Cox on Thursday forecast that wholesale prices on its Manheim Used Vehicle Value Index will end this year 2% higher than December 2025. The index tracks prices of used vehicles sold at its U.S. wholesale auctions. This year’s increase would compare with 0.4% increases during each of the past two years following declines of 7%…

A version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.The proposed California billionaire tax includes a special provision that makes it highly unlikely that anyone who wants to leave the state could avoid paying, according to tax attorneys.The Billionaire Tax Act, which could be added to the state’s general election ballot in November, would impose a one-time tax of 5% on the total wealth of California tax residents whose net worth is $1 billion or more. While new taxes typically…

Retiring at 50 sounded dreamy, but the rising costs of living in San Francisco made that seem unattainable. Early retirement in the US felt like too risky of a move, even if I moved to a more affordable city since health-insurance costs alone — especially if I faced a serious diagnosis — could quickly eat up my savings.So I expanded my research overseas, looking for a place to life that would feel safe, inspiring, and, of course, affordable. I still wanted to be able to visit my family regularly, so it also couldn’t be too far from San Francisco. One…

2026-01-08T13:37:01.216Z Share Copy link Email Facebook WhatsApp X LinkedIn Bluesky Threads lighning bolt icon An icon in the shape of a lightning bolt. Impact Link Save Saved Read in app This story is available exclusively to Business Insider subscribers. Become an Insider and start reading now. Have an account? Log in. WalletHub released a ranking of the best cities for jobs in the US. The ranking examined both the job market and socioeconomic factors in 182 US cities. Scottsdale, Arizona, was ranked No. 1, followed by Columbia, Maryland, and Portland, Maine. The job market is notoriously difficult in 2026, but…

Leonardo Maria del Vecchio attends the amfAR Gala Venezia 2023 presented by Mastercard and Red Sea International Film Festival on September 03, 2023 in Venice, Italy.Kristy Sparow | Getty Images Entertainment | Getty ImagesA version of this article first appeared in CNBC’s Inside Wealth newsletter with Robert Frank, a weekly guide to the high-net-worth investor and consumer. Sign up to receive future editions, straight to your inbox.Wall Street advisors were kept busy in December — from the Warner Bros. Discovery bidding war to Trump Media’s $6 billion merger with a nuclear fusion company. However, private investment firms of ultra-rich families were in…

One month before my 21st birthday, my grandfather told me he would be gifting me 21,000 South African rand (approximately $1,500 USD based on the exchange rate at the time). However, there was a catch: I had to visit a financial advisor with him and invest the money in stocks.At the time, I valued the freedom that money gave me, but I had given little consideration to investing. I had been working a part-time bar job throughout university, I took on promoting gigs whenever possible, and I was just starting to get freelance writing gigs.Most of my earned money went…

Artificial intelligence is reshaping McKinsey’s workforce, but the firm’s top executive said there are still fundamental human skills that AI models can’t do.Bob Sternfels, global managing partner at McKinsey, talked about how AI is changing work at the firm during an appearance at the Consumer Electronics Show in Las Vegas on Tuesday.Sternfels said that last year alone, embracing AI saved McKinsey 1.5 million hours in search and synthesis, work that he says AI models are great for. He also said AI agents, of which McKinsey has 25,000, excel at generating charts and that they’ve made 2.5 million of them in…

Want to be successful? Follow MrBeast’s playbook and embrace your peers instead of seeing them purely as rivals, the Silicon Valley venture capitalist Bill Gurley said.Gurley, who is best known for his early investments in Uber, Zillow, and Grubhub, told “The Tim Ferriss Show” that success in any field requires being knowledgeable about it and going to its physical epicenter, such as a city where the action happens.However, he added in the episode, published in December, that virtual relationships with peers and mentors can also be valuable, and gave the example of MrBeast, aka Jimmy Donaldson, the most-followed YouTuber with…

This as-told-to essay is based on a conversation with Charles Swann, a 44-year-old founder of an AI startup based in Boulder, CO. The following has been edited for length and clarity.I founded my startup, Forage, around 18 months ago. Besides myself, I have one full-time employee who has been with the company for eight months.My business is in the marketing technology space, and I needed someone with a deep connection to modern culture and social media. So, I hired a 24-year-old growth and brand specialist from my neighborhood. She’s a college graduate with less than two years of experience, whom…