In August, about a third of all home sales were cash. Naples, Florida, the major American city where people were most likely to pay cash, had a rate of 60%. Why cash buyers are drawn to Florida.

All cash income should be reported on federal tax returns, regardless of whether a person receives a W-2 or 1099 Form from the entity that paid them. Whether you receive cash tips as part of your ...

Few Americans have the cash they need on hand to pay for big-ticket items upfront. That's why it's not unusual for people to take out mortgages, car loans and student loans, so they can pay for ...