If you don’t know what Net Investment Income Tax (NIIT) is, you’re not alone. This relatively new tax began a little over a decade ago but the number of taxpayers subject to the tax has increased.

Net investment income (NII), for tax purposes, is the total amount of money received from assets such as stocks, bonds, and mutual funds, minus related expenses. NII may include interest income ...

Elon Musk, thanks to Tesla’s stock price racing higher following a strong earnings report, saw his net worth increase $26.9 billion on Thursday. That pushed his net worth to $270.4 billion ...

Singer and songwriter Sharon Van Etten has returned, and this time, she’s got company: Sharon Van Etten & The Attachment Theory have announced their self-titled debut album, out February 7th via ...

Good afternoon and welcome back to another day on the presidential campaign trail. This is our daily wrap, making sure you're caught up on the latest election developments. In Tuesday's wrap ...

The Kangaroos can secure a place in the Pacific Cup final by avenging last year's loss to New Zealand next Sunday, while Fetu Samoa are one win away from a World Cup berth. They were the main ...

Current and former GWS players have been suspended and fined in the wake of the club's post-season function. Josh Fahey was suspended for four matches after simulating "inappropriate acts on a sex ...

Virojt Changyencham / Getty Images Gross profit and net income are critical profitability metrics for any company. But, they are inherently different. Gross profit represents the income or profit ...