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The fight over Trump’s tax returns is over, but it could accelerate the fight for IRS funding
A Ways and Means Committee report said the IRS’ mandatory audit program was ‘dormant’ Read more
Homebuyers are using all-cash offers to circumvent high mortgage rates — here are the cities where cash is becoming more mainstream
All-cash deals hit their highest level since 2014 in October, according to a report from Redfin. Read more
Top 1% was the only group to see real wage gains from 2020 to 2021, report says
“The top earners amassed a growing share of total wages, while the bottom 90% continued to lag behind,” one economist said. Read more
Existing home sales in the United States fall for the 10th consecutive month in November – the longest losing streak on record
Sales of existing homes fell to 4.09 million in November, the National Association of Realtors said Read more
Mortgage demand rises amid low season for home buying
Mortgage applications rose 0.9% over the past week, the Mortgage Bankers Association said. The average rate for a 30-year mortgage is 6.34%. Read more
No love for stocks memes – kids trading stocks load up on Apple and index funds
In joint accounts with their parents, children under 18 learn to play the stock market, mostly for the better. Read more
Need a savings fund for rainy days? Your Boss Might Create One for You Thanks to Congress’ Year-End Spending Deal
Americans’ savings rates have fallen, but a provision in “Secure Act 2.0” could help workers establish cash savings funds. Read more
There’s still time to take those smart tax steps before the end of the year – your future self will thank you
With the holidays, taxes might be the last thing on your mind. But a little preparation now could make a big difference in April. Read more