IRS to waive $1 billion in tax penalties. Here's who qualifies.
The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
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The IRS said it will waive penalties for almost 5 million taxpayers on their 2020 and 2021 tax returns.
Tax agency also said it will boost the reporting threshold to $5,000, from $600, in 2024 as it phases in the new regulation.
The IRS is rolling out new income thresholds for its seven tax brackets, boosting the limits to reflect inflation this year.
The IRS is set to announce new tax bracket thresholds for the 2024 tax year. One expert says to expect a 5.4% increase from last year.
Americans owe the IRS $688 billion in unpaid taxes, underscoring need for more audits, said IRS Commissioner.
A report from Democratic lawmakers alleges that tax-prep companies shared people's income and other sensitive data with big tech firms.
Research shows that Black Americans face audit rates that are up to five times higher than those of other racial groups.
After years of abject performance, the tax agency is finally making significant strides — no, really.
Millions of Americans wait until the last minute to file their taxes. Most will have a short wait to get their checks from the agency.
The average tax refund is shrinking this year, while more taxpayers owe money to the IRS.
It's easy to get more time to file before the April 18 deadline, but you'll still have to pay the IRS if you owe money.
Each year, millions of taxpayers don't file their taxes — putting them at risk of fines and other penalties from IRS.
If you're trying to figure out when your refund is landing, some steps are a giant waste of time, the IRS says.
Tax experts and the IRS itself have warned about smaller refund checks this year due to expiring pandemic aid.
Michael D. Adams, of Grosse Pointe Park, pleaded guilty Tuesday to money laundering and obstructing the IRS, according to the U.S. Department of Justice.
Taxpayers could save on taxes because of a higher standard deduction and more generous thresholds for each bracket.
Government's new classification of cars that qualify for the generous tax credit is a win for Tesla and other automakers.
A new study suggests ways the IRS could solve an algorithmic bias that has harmed low-income and Black taxpayers.
Many tax benefits instituted during the pandemic have lapsed, which means some people could see smaller refunds.
The documents contain details that were not previously public, such as loans he gave to his children, income from book royalties and Melania's modeling, and how much of his presidential salary was given to charity.
Tax agency cautions Americans not to expect to receive refunds by specific date to pay bills or make big purchases.
It has been over a full year since Northville Downs closed, and as development is underway on the old horse racing track, Mayor Brian Turnbull says other projects have begun that will make the city more of a destination.
A Flat Rock, Michigan, man has pleaded guilty to illegally transporting and receiving an explosive device that caused a home explosion, injuring two children.
The commission says it received 53,351 fraud reports from consumers that year. ,
The city of Northville, Michigan, will step up enforcement in timed parking zones starting on Monday, March 10.
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
The Troy Police Department confirmed that the arrests occurred Monday morning.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.
The Western Reserve, a respected steel steamer of its time, wrecked during an 1892 storm in Lake Superior.
It has been over a full year since Northville Downs closed, and as development is underway on the old horse racing track, Mayor Brian Turnbull says other projects have begun that will make the city more of a destination.
The family of a Pontiac, Michigan, woman who was found dead alongside two of her children from hypothermia in a field claims Oakland County deputies failed to help the woman as she suffered a mental health crisis.
The Trump administration has imposed a 24% tariff on Canada and Mexico and a 10% tariff on China.
AAA says the most expensive gas prices in the state can be found in Ann Arbor ($3.13), Metro Detroit ($3.11) and Jackson ($3.08).
Michigan drivers are seeing some relief at the gas pump this week.
President Trump announced a new 25% blanket tariff on all steel and aluminum imports. This tariff is part of a growing list of tariffs his administration has already threatened or imposed.
On Monday, the Trump Administration temporarily postponed a 25% tariff imposed on Mexico.
Gene Hackman and Betsy Arakawa were found dead in their home last week in a gated community in Santa Fe, New Mexico.
Breweries in Suttons Bay and Stevensville got shout outs as among best beer gardens in the U.S.
Luther "Badman" Keith, a jazz musician and Detroit journalist, died unexpectedly Wednesday. He was 74.
"Anora" won big at the 2025 Oscars. Here's the full list of who won and was nominated for this year's Academy Awards.
Hollywood's biggest stars turned out for the 97th annual Academy Awards. Here is what to know and how to watch the 2025 Oscars.
The policy could lead to hardship for some elderly Americans, Social Security advocates say. Here's what to know.
Congress is staring down a deadline to fund the government by the end of the week, as the familiar threat of a shutdown looms over Washington.
Ontario Premier Doug Ford said a 25% surcharge on electricity sent to Michigan, Minnesota and New York, will be effective on March 10.
Stocks tanked on Monday as investors fret over signs the U.S. economy is slowing and the potential impact of tariffs.
NOAA previously fired 880 employees on Feb. 27, the majority of which were probationary staff with fewer than two years in their positions.
Michigan state Sen. Thomas Albert has introduced a bill that, if passed, would allow voters to decide.
For millions of Americans, paying for medical care often means going into debt, new data shows.
A special education teacher at Huron High School gathered with students on Wednesday to make blankets for families of organ donors.
Howell's Trinity Health Hospital is in the process of moving most of their operations to a larger Brighton facility, but this space is going to be put to use.
A new study finds that long, unproductive meetings can lead to "meeting hangovers," affecting workflow and productivity.
Detroit general manager Brad Holmes made the move shortly after not retaining cornerback Carlton Davis.
The Detroit Red Wings have lost five games in a row, and captain Dylan Larkin acknowledged their confidence is shaken.
Cade Cunningham scored 28 points, Tobias Harris added 20 points on 9-of-13 shooting and the Detroit Pistons defeated the Portland Trail Blazers 119-112.
The league's legal tampering period — in which teams can begin talking with agents of players who are unrestricted free agents — starts Monday at noon, according to CBS Sports.
Tre Holloman scored a career-high 20 points, Jase Richardson had 18 points and No. 8 Michigan State beat No. 17 Michigan 79-62.
Newly elected Michigan Democratic Party Chairman Curtis Hertel Jr. discussed his party and its future on CBS Detroit's Michigan Matters.
A career path tied to EVs and clean energy is opening a little wider for some Metro Detroiters.
As the legalized cannabis industry surpassed the $10 billion sales mark in the state since 2019, it's a look at what's ahead for this booming sector.
Judge Keith, who died in 2019 at the age of 96, issued numerous landmark rulings that championed equality and civil rights.
The robotics industry is big business with a growing imprint in southeast Michigan.
It has been over a full year since Northville Downs closed, and as development is underway on the old horse racing track, Mayor Brian Turnbull says other projects have begun that will make the city more of a destination.
Four people have been arrested after a 5-year-old boy was killed in a hyperbaric chamber explosion in Troy, Michigan. Police did not release the names of the people arrested; however, court records show that one of them was Tami Peterson, the center's owner.
On the heels of International Women's Day, CBS News Detroit sat down with a few Michigan natives who are returning home this weekend for the PWHL's return to Detroit for the Takeover Tour game.
Ontario is adding a 25% surcharge to all electricity exports sent to the U.S. as part of retaliation against the Trump administration's tariffs on Canadian products.
Mild temperatures continue this week with rain returning by the weekend.