News That Matters

Tag: millionaire

These 20 jobs will put you on the path to be a millionaire

These 20 jobs will put you on the path to be a millionaire

Finance
Medical school might be your ticket into the millionaires' club — provided you can repay the debt you'll incur on the way. Indeed, many of the nation's highest-paying occupations are in the health-care field, according to a GoBankingRates analysis of 2017 compensation data from the U.S. Bureau of Labor Statistics. Anesthesiologists are the top earners in the U.S., bringing in an average salary of $ 265,990. Surgeons follow close behind, with an average annual salary of $ 251,890, while obstetricians and gynecologists earn an average of $ 235,240...
Millionaire cough scandal: 'The most British crime of all time'

Millionaire cough scandal: 'The most British crime of all time'

Entertainment
James Graham's latest play, Quiz, tells the story of what the playwright describes as the "most British crime of all time" - the Who Wants To Be A Millionaire coughing scandal of 2001.Charles Ingram, a former British Army major, was accused of cheating his way to the jackpot on the ITV show by conspiring with his wife, Diana, and another contestant, who would apparently cough when the correct answer was mentioned.Ingram maintained his innocence throughout his court trial. Now, West End audiences are (literally) being asked to decide for themselves whether or not he was guilty - by voting via a keypad at the end of both the first and second half."I think quizzes and game shows are fascinating, they're a very British obsession and I love that," Graham tells BBC News."But I think the story ab...
Hey bitcoin millionaire: Give away your fortune for a tax break

Hey bitcoin millionaire: Give away your fortune for a tax break

Finance
Now that bitcoin is surging past $ 16,000, it might be time to give it to charity.It's no secret that the IRS has kept an eye on the wildly popular cryptocurrency, ruling that bitcoin and others like it are considered property for tax purposes. This means that if you cash out, you're likely on the hook to report capital gains to the Tax Man – and those gains can be substantial, particularly if you bought bitcoin back in 2010 when one unit was worth less than a dollar.There's a solution to that: Give your cryptocurrency to charity via your donor advised fund – an account that you can fund with highly appreciated assets and use for making grants to charities -- instead of cashing out. This way, you unload assets that could face steep capital gains taxes and you collect a charitable contribut