IRS has recovered $1.3 billion in unpaid taxes from rich Americans
The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
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The IRS said funding from the Inflation Reduction Act has helped it go after wealthy taxpayers who failed to pay their tax bills.
Each presidential candidate is proposing significant changes to the tax code. Here's who would win and lose.
Michigan's individual income tax rate will rise in 2024, increasing from 4.05% back to 4.25%.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
State officials say the income tax is dropping from 4.25% to 4.05%, which is the first time the state will see a decrease to its lowest since 2007.
Differences in local tax rates across the U.S. can add up for those who live in certain states.
The law, enacted by the Republican-controlled Statehouse at the time, provides a mechanism to reduce the income tax rate when the percentage increase in the general fund exceeds the inflation rate during a fiscal year.
The richest Americans often use trusts and other legal tax dodges to pass their wealth to their heirs tax-free, lawmakers say.
Early IRS data provides a peek at what to expect for the millions of Americans who have yet to file their taxes.
Nation's tax collector says it has improved telephone service from last year, when just 1 in 10 calls were answered.
After a long legal fight, a House panel investigating the former president on Friday released new details of his tax returns.
Under new IRS rule, anyone who earned more than $600 this year by selling things online or doing gig work could face tax hit.
Tax Day 2016 is not on April 15 as usual. Instead, it has been moved to April 17 because of Washington D.C.'s Emancipation Day. Here is a look at why Tax Day is on April 15 to begin with, what Emancipation Day is, and when Tax Day can be moved to a later date.
The legislation requires employers to withhold city income taxes from paychecks of Detroit residents.
Snyder says the law will make it "easier for residents to file their tax returns correctly" and reduce the amount of incorrect property tax credits paid.
Tax breaks can make raising children a little more affordable.
Taxpayers have until Wednesday, April 15, 2015 to file their 2014 tax returns and pay any tax due.
A committee in the Michigan Legislature has voted to cut the state income tax rate from 4.25 percent to 4.05 percent by 2016.
The credit is worth up to $1,200 and is more substantial for seniors and lower-income earners.
Taxpayers could save $371 million in the next budget year and $873 million the year the reduction is fully phased in.
Anticipating a sizable budget surplus, Republican lawmakers want to enact a broad-based tax cut for residents this election year.
With the U.S. staring down the barrel of a default deadline, an economist says an agreement on the budget may be too little, too late.
Experts recommend using some type of guidance to navigate forms and maximize your returns.
So you've prepared your tax return and found that you owe. What should you do if you can't pay?
The IRS expects 75 percent of all 2012 returns will get a refund, so if you haven't started preparing your taxes yet, do it.
Downtown Detroit will begin to be a lot brighter just in time for the Christmas season.
Chloe and Helena Bennett were inside their Orion Township condo when it exploded Tuesday night.
Ten days ago, former Red Wings great Pavel Datsyuk was inducted into the Hockey Hall of Fame, and on Thursday, Detroit honored the man nicknamed the "Magic Man."
Lucas Raymond scored with 51 seconds remaining and the Detroit Red Wings beat the New York Islanders 2-1.
The commissioners voted 10-0 to reject the sheriff's proposal to hire three additional deputies focused on fugitive apprehension.
Downtown Detroit will begin to be a lot brighter just in time for the Christmas season.
On Thursday, Tlaib said the warrant "signals that the days of the Israeli apartheid government operating with impunity are ending."
Chloe and Helena Bennett were inside their Orion Township condo when it exploded Tuesday night.
Hoekstra, who was named chairman earlier this year, previously served as a U.S. House representative in Michigan's 2nd District and as the U.S. ambassador to the Netherlands during Trump's first term.
A 72-year-old man and a 75-year-old woman suffered critical injuries. Several others suffered minor injuries as well.
Local UAW members claim Stellantis is to blame for roughly 4,000 layoffs this fall, not poor market conditions.
Ford said Wednesday most of the job cuts would come in Germany and would be carried out in consultation with employee representatives.
On average, a 15-gallon tank of gas will cost Michiganders $46, which is $12 less than what they were paying from 2023's highest price in August.
General Motors announced Friday it was laying off nearly 1,000 salaried workers worldwide.
General Motors is laying off about 1,000 workers worldwide, shedding costs as it tries to compete in a crowded global automobile market.
Downtown Detroit will begin to be a lot brighter just in time for the Christmas season.
Tickets go on sale to the general public via Ticketmaster on Tuesday, Nov. 26.
The much-hyped fight pitting the 58-year-old Tyson against Paul, 27, shattered records but was marred by tech glitches.
Betty White will be honored with a stamp in 2025, the U.S. Postal Service announced on Friday.
Tickets go on sale Friday, November 22 at 10 a.m.
President-elect Donald Trump made the announcement Thursday evening after Matt Gaetz withdrew himself from consideration.
While some are bullish, other experts warn of investment risks as what comes next is impossible to know.
These are the president's top advisers and the highest-ranked U.S. officials. Here's what Cabinet members do — and some issues they're likely to face if confirmed by the Senate.
Warehouse chain follows rival Costco in raising amount its 7.5 million members must pay to shop at BJ's stores.
President-elect Donald Trump announced Gaetz as his nominee to be attorney general last week.
The school district introduced therapy dogs two years ago, and things have gone so well that it decided to add six more dogs.
Lattes and other espresso-based drinks may not be available at some McDonald's restaurants due to a glitch with coffee machines.
CDC data shows rates of Mycoplasma pneumoniae have surged in babies.
A WARN notice says that an agreement between the hospital and the Secretary of Health and Human Services would be terminated because the hospital was not in compliance with some of the Medicare Conditions of Participation.
A number of homes in parts of Metro Detroit are seeing elevated levels of lead in their drinking water, according to officials.
Ten days ago, former Red Wings great Pavel Datsyuk was inducted into the Hockey Hall of Fame, and on Thursday, Detroit honored the man nicknamed the "Magic Man."
Lucas Raymond scored with 51 seconds remaining and the Detroit Red Wings beat the New York Islanders 2-1.
The No.1 recruit had been committed to the LSU Tigers since January 2024.
Detroit's Tarik Skubal wins the AL Cy Young Award after leading the Tigers to its first playoff in a decade.
Hinch, a 50-year-old in his fourth season leading the Tigers, made the playoffs with a torrid second half despite losing quality players like right-hander Jack Flaherty at the July 30 trade deadline.
Hackel, the former Macomb County Sheriff, said the results of the 2024 contest are giving him more confidence than ever that he has the right stuff and resumé to be governor.
How did the Democrats lose so many races at once?
In Michigan, the Democrats have control of the governor's mansion and both state houses.
In Michigan, the Democrats now have control of the governor's mansion and both state houses.
Both party chairs also talked about the ground game as each looks for independent voters and those who haven't voted in a while they hope to inspire to show up on Nov. 5.
Downtown Detroit will begin to be a lot brighter just in time for the Christmas season. The city will host its 21st annual Christmas tree lighting ceremony on Friday.
The Michigan Wolverines will be bringing in a new force after flipping Belleville High School quarterback Bryce Underwood from LSU. Sports insider Alejandro Zuniga sat down with CBS News Detroit to discuss what's next for the team.
Within minutes, life completely changed for sisters Chloe and Helena Bennett. They were inside their Orion Township condo that exploded Tuesday night.
Ten days ago, former Red Wings great Pavel Datsyuk was inducted into the Hockey Hall of Fame, and on Thursday, Detroit honored the man nicknamed the "Magic Man."
The Macomb County Board of Commissioners has rejected a proposal to create a crime suppression unit for the sheriff's office. The commissioners voted 10-0 to reject the sheriff's proposal to hire three additional deputies focused on fugitive apprehension.